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House Negotiations - Level of discount?
Comments
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Little tip for you in the Clifton aread - if you're looking off Whiteladies Road there are a couple of streets behind Sainsbury's that where flats go for quite a bit cheaper than the rest of clifton due to them backing onto a railway line. However, I had a friend who lived there for years and I never once heard a train!!
Also don't write off Cliftonwood - I just moved from there and really miss it. Best place to live in Bristol!
Good luck0 -
Generally, a 5% discount is relatively easy to get if you are a first time buyer with no chain - a lot of sellers will want to move quickly. 14% is rather high, though, unless the seller has pitched the price unreasonably high. I wouldn't believe the crap that newspapers have in them - journalists are paid to write articles that help sell papers, not the truth.
The housing market is not in freefall - it's holding steady in most areas, with some actually seeing increases. We are not in 1992-94 with high interest rates and high unemployment; interest rates are rock botttom and will not rise much in the foreseeable future. The economy will recover next year and unemployment will start to fall in due course.
If you can afford a £180k property at 24 you should consider yourself very lucky indeed. Most people your age can only dream of this.
Thank you, very useful indeed :beer:0 -
Little tip for you in the Clifton aread - if you're looking off Whiteladies Road there are a couple of streets behind Sainsbury's that where flats go for quite a bit cheaper than the rest of clifton due to them backing onto a railway line. However, I had a friend who lived there for years and I never once heard a train!!
Also don't write off Cliftonwood - I just moved from there and really miss it. Best place to live in Bristol!
Good luck
Just off Whiteladies would be ideal, I know just the place you mentioned, will keep my eyes peeled.
Will also investigate Cliftonwood a little more too, thanks for the suggestion.:T0
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