Halifax December Figures -2.2%

Lotus-eater

Cat695 wrote: »

MMMMm if I opened a suitcase with 200K in it or said I have to get a mortgage first....I think you would be willing to offer me a little more discount don't you

I'd be willing to offer you anything you wanted.

Cat695

Well I've been out and thought I would pop into the showrooms of the new estate here (archers gate its called in Amesbury) and see what they are upto

They have 3 bedrooms on at 190k 200k....The nice lady was giving me the usual sale pitch and then I said I would offer 100k on one of the showrooms (3 bed mit garage)

And she didn't even say no.... no shocked look.....she just said we would have to negotiate

mitchaa

Cat695 wrote: »

MMMMm if I opened a suitcase with 200K in it or said I have to get a mortgage first....I think you would be willing to offer me a little more discount don't you

Surely no-one looks to buy a house, go around viewings etc if they do not have an approved mortgage in place??

Solicitors take their time, you would still be waiting. I would not give any discount if a cash buyer come up against a FTB for the sale of my house.

That's just me, you may of course think otherwise

Cat695

Lotus-eater wrote: »

I'd be willing to offer you anything you wanted.

Interesting;) However you're a man!

mitchaa

neverdespairgirl wrote: »

as you reckon prices won't go below £150k, they must stop dropping soon....

Now now NDG, stop being so Anal.

Been through this 1 before, shall i dig out about the 20 or so posts stating this:rolleyes:

Wrong side of the bed again this morning? What's up?? Time of the month or nasty hangover??

Mitchaa;)

obsessed_saver

mitchaa wrote: »

Based on what?

Average UK household income is £37k, multiply this by 3.5 and you have £130k. Add on the 10% deposit required and you then have affordability ITRO £144k.

Check out this post on the HPC forum. Someone's done up a graph on house prices overlayed with the affordability index.

http://www.housepricecrash.co.uk/forum/index.php?showtopic=99646

mitchaa

obsessed_saver wrote: »

Check out this post on the HPC forum. Someone's done up a graph on house prices overlayed with the affordability index.

http://www.housepricecrash.co.uk/forum/index.php?showtopic=99646

You need to be a member to view the graph.

I can just imagine, that i'll not agree with it though:rotfl: Hopefully he's not assuming 1x average wage at 3.5x multiple is enough to buy an average home.

neverdespairgirl

JonnyBravo wrote: »

If people were so certain this was going to happen why didn't they bet? Of course it's all much easier with hindsight but sometimes you just have to put your money where your mouth is.

I had a punt on Ladbrokes that house prices would fall in 2008. Not paid out yet, but I'm due my cash <ker-ching>

mitchaa

neverdespairgirl wrote: »

I had a punt on Ladbrokes that house prices would fall in 2008. Not paid out yet, but I'm due my cash <ker-ching>

Didn't someone also offer you a bet about the re-introduction of the 100% mortgage range before the year was out? Im sure it was you?

ess0two

Cat695 wrote: »

Well I've been out and thought I would pop into the showrooms of the new estate here (archers gate its called in Amesbury) and see what they are upto

They have 3 bedrooms on at 190k 200k....The nice lady was giving me the usual sale pitch and then I said I would offer 100k on one of the showrooms (3 bed mit garage)

And she didn't even say no.... no shocked look.....she just said we would have to negotiate

That was quick 10 mins in between your last posts,lol.