PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Capitalise on house price falls (Buying tips)

124

Comments

  • Eric1
    Eric1 Posts: 490 Forumite
    jockosjungle wrote: »
    I'd think very carefully before gazundering someone, if someone did it to me I'd pull out on principle. What are you going to say? According to Nationwide prices have dropped 0.2% this month so I am lowering my offer accordingly.
    R
    and why not? :)
    estate agents around here never hesitated to use 0.1% increases in the Nationwide index to justify 5% hikes in asking prices.
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Eric1 wrote: »
    and why not? :)
    estate agents around here never hesitated to use 0.1% increases in the Nationwide index to justify 5% hikes in asking prices.

    That has upset me a little with estate agents ramping up asking prices expecting to compensate for lower offers. It has made me put off buying due to affordability.

    The more supply increases, prices fall and people realise over priced properties just wont sell I will be in a better position to haggle. Still won't gazunder but expect it to increase with each negative price survey month after month.

    Maybe another tip would be while making an offer would to be to warn the seller about the dangers of chasing the market down.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    brit1234 wrote: »
    Rewired is not me, the comment is wrong. .

    It's so hard to keep up with who you are though Brit, isn't it?

    How many fantasist claims have you made over the years, at various times purporting to be a policeman, a multiple BTL owner, etc, when you post the same drivel across different websites on your strange little mission to get prices to crash.

    Top marks for effort though.:rotfl:
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    House prices have been falling for well over year now and continue to do so.



    Anyone considering buying is better off waiting a while to get something cheaper and better.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Glitzkiss
    Glitzkiss Posts: 5,326 Forumite
    Any chance you lot can take this over to the board that was specifically set up for this sort of thread?
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    This thread is good.

    But not as good as this one.........

    https://forums.moneysavingexpert.com/discussion/2618291
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Glitzkiss wrote: »
    Any chance you lot can take this over to the board that was specifically set up for this sort of thread?

    I see your point. However the original post was specifically about tips on buying a property cheaper so really it should remain. Please ignore the bulls as they try and deviate it away from the original post. They are a little upset that house prices are falling even in Aberdeen.

    So the original points were to buy a cheaper house:

    1. Do your research.
    2. Communicate with the estate agent and the seller.
    3. Be prepared to move quickly
    4. Be upfront about the survey
    5. The murky world of gazundering
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    It looks fun over here. :)
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Malcolm. wrote: »
    It looks fun over here. :)


    Not as much fun as HERE though
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Eric1 wrote: »
    and why not? :)
    estate agents around here never hesitated to use 0.1% increases in the Nationwide index to justify 5% hikes in asking prices.

    What has that got in common with gazundering
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture