Nobody even wants to look at our house!

PasturesNew

I couldn't give a t055 about the election ... if I saw the right house in the right place at the right price I'd buy .... but it doesn't exist. They're all still too high (based on comparisons and price changes in their specific areas).

The "perfect one" might be built in about 3-4 years' time, but when it is I know it'll actually be double my budget as it'll be all "eco" and marketed in a super shiny way It'll be for toffs and investors, not little me to live in and enjoy every day.

TheBrutalTruth

new_home_owner wrote: »

Id just hang in in there, take a look at this http://www.express.co.uk/posts/view/172842/House-prices-are-set-to-soar

Im hoping the conservatives get in has they want to bring the introduction of the high speed train to 2015.

The property i rent out would be accesable to the closest station wthin 12 minutes,that should drive the prices well up.:)

Its already happened in Kent.

http://www.kentnews.co.uk/kent-news/High__speed-rail-links-to-spark-house-price-rises-newsinkent22623.aspx?news=local

The Express? Thank God you put in a link to a reliable paper, for a moment I thought you were linking to any old rubbish

House prices are mainly determined someone being (i) willing and (ii) able to pay the price. You may be able to get people to believe the average house price in this country ought to be 200k and willing to buy, but unless the bank lends them the money it is all a pipe dream. As long as the banks are unable/unwilling to lend, expect house prices to decline.

I also hope the Tories sort out high speed rail, but I don't think it will have much affect on house prices. It is all about the banks and their (lack of) money

GDB2222

I heard that ticket prices for the high speed rail links are astronomical. Is that right?

new_home_owner_3

GDB2222 wrote: »

I heard that ticket prices for the high speed rail links are astronomical. Is that right?

I havent got a clue, but people earn big bucks in london, if its only a commute of 35-45 minutes, loads of people will use it.

new_home_owner_3

TheBrutalTruth wrote: »

The Express? Thank God you put in a link to a reliable paper,

As long as the banks are unable/unwilling to lend, expect house prices to decline.

I also hope the Tories sort out high speed rail, but I don't think it will have much lowering inteaffect on house prices. It is all about the banks and their (lack of) money

didnt you read the article in the express?

It said banks will be lending at lower rates and lower deposits after the election but we will have to see, i know a load of people if banks would give mortgage deals less than 4.5% with a 10% deposit, they would jump at it.

FATBALLZ

new_home_owner wrote: »

didnt you read the article in the express?

It said banks will be lending at lower rates and lower deposits after the election but we will have to see, i know a load of people if banks would give mortgage deals less than 4.5% with a 10% deposit, they would jump at it.

Terrible isn't he, who would dare to question the impartiality of the daily express when it comes to the property market?

Idiophreak

TheBrutalTruth wrote: »

You mean the scheme where if you were born in the mid seventies or earlier, you get to own a whole house, but anyone born later gets to own half a house so as to artifically keep the value of your house high? Umm.......thanks but no thanks!

Aww, you poor harddoneby thing...now, where did I put my tiny violin?

Brallaqueen

If you haven't had ANY viewings AT ALL then I would say the issue lies with your property and/or it's price. I have seen properties on rightmove come and go since Feb so people are looking (in my area at least ) but not even a viewing to later say "nah, not right for me" is very worrying.

Double check the details accurately reflect your property and double check the price as if it was a property you were going to buy.

Jowo_2

I read today that there is a 90% decline in the number of mortgages being taken out compared to 2007 - realistically, then, the picture is now that it is 10 times harder to sell a property than a few years back based on the plummeting number of mortgages. If there is loads of properties on the market, it's even harder.

Fire_Fox

lorriellah wrote: »

I am not allowed to post links as I'm a new member but we are on rightmove and in the shop window. I do think that some of the pictures are not the best. Since the pictures have been taken we have painted the kitchen and the bedroom so I was thinking of asking the EA to come out again and take some more photos.

We are in Wakefield so the property market here is a bit slower than in the south and there are lots on the market in the area which are similar to ours but still I'd expect at least one person to want to look round!

Have you looked at land registry sold prices or simply for sale prices of properties that are not shifting?
https://www.houseprices.co.uk
In a slow market you cannot afford to be with a lazy estate agent or have rubbish pictures, buyers can afford to be picky. If you post your right move link (or PM it to someone) then we ca be more specific.