Debate House Prices


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Property Snakes and Ladders; 2009

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Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I remember this one - they never followed the advice about the garage
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I think I remember this Stanmore one too.
  • JanCee
    JanCee Posts: 1,241 Forumite
    I think I remember this Stanmore one too.

    That is a really nice looking house, the room at the back is beautiful, I hope they don't muck it up. I didn't see the original so I don't know how it turns out.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    bluey890 wrote: »
    What decade were you born in Pastures?
    What a rude little boy you are.
    You should never ask a lady her age.
    :)
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    So, they've both moved in ... and she thinks they'l make £1million because they borrowed against that and bought another one at £490k.

    A bungalow and studio. They want to knock it down and build a 4-bed detached.

    £200k budget and they think they'll get a £400k profit out of it.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    This is a crash in slow motion .... overstretched, commercial loans, bought a 2nd, then a 3rd plot, deferred interest for a year.

    Hoped to break even at £550k
    Dropped it to £495k, no viewings.
    "Sit it out for 5 years"
  • bluey890
    bluey890 Posts: 1,020 Forumite
    What a rude little boy you are.
    You should never ask a lady her age.
    :)

    Nevermind. I know you're a sexy 21 PN.
    Favourite hobbies: Watersports. Relaxing in Coffee Shop. Investing in stocks.
    Personality type: Compassionate Male Armadillo. Sockies: None.
  • barrooo
    barrooo Posts: 322 Forumite
    I noticed it was a 'short man special' last night, one bloke even bought his mum with him
  • dopester
    dopester Posts: 4,890 Forumite
    Both couples were crazy. The couple with fish-tank in the kitchen, he looked like a spoilt City type to me. Ended up moving in to live in it.

    The couple (florists with a shop) with the dodgy garage, nice enough but so happily willing to just buy and buy, and leverage themselves to destruction. Before finishing and selling their first development, they bought another property, and a plot of land to build on, as the market was falling.

    http://www.channel4.com/programmes/property-snakes-and-ladders/4od#2931764
  • JanCee
    JanCee Posts: 1,241 Forumite
    I do wonder sometimes if these people never intended to sell, they just want to do up a house and get on TV. No developer in their right mind would spend money on corian worktops all over the house and fishtanks in the kitchen.
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