Average price of FTB properties down 23% since peak says lloyds.

noodle_doodle

Pimperne1 wrote: »

When you say "sold" do you mean:

The first day someone came to see your property.
The day the person came back for a second viewing (if they did).
The day they made an offer.
The day they made a better offer.
The day you exchanged contracts (if they do that in Scotland).
The day you completed the sale.

(because its not as straightforward as you might think).

When you say "bought" (Oh, never mind).......

I sold after six months of !*!*!!! sunday viewings, which mean keeping the place tidy and pushing our mewling kid halfway up craighouse hill for a tesco picnic while the wife stayed in in case anyone turned up (often they didn't) and then said it was a lovely place but they hadn't sold their place yet. Edin!!!!!!s will understand this.

Buying on the other hand took about 2 days, as the espc website showed there were only 3 houses in the intersection of affordability, right area and right features (i.e. garden) and 1 of those was unoccupied and ready to move into whenever. Remarkable how quickly one can make a decision when all the choice has been removed

geneer

Pimperne1 wrote: »

There's something a bit fishy about someone who moved into his new house when he bought it (presumably) and repeatedly trumpeting that as December when in actual fact it was January or February. Why would anyone choose December when the actual purchase didn't take place in December (might as well give the date you first saw it if it suits your agenda).

Your little "That's when I put in an offer" is a bit like my "Oh, I remember it well when my team won the Scottish Cup on that Tuesday morning". Passerby "Sorry, did you say your team won the cup on a Tuesday morning"? "Yup, that's when I reserved my ticket, although if I remember correctly the actual match was on a Saturday (here's a copy of my bank statement showing the ticket payment going out)".

Offer/Acceptance was in December.

I'm sure this is all truly devastating pimperni1.
Though the reasons escape me for the moment. :rotfl:

Not that I have any time for your argument,
but perhaps you could enlighten us to what difference it makes either way.

Rinoa

geneer wrote: »

Offer/Acceptance was in December.

I'm sure this is all truly devastating pimperni1.
Though the reasons escape me for the moment. :rotfl:

Not that I have any time for your argument,
but perhaps you could enlighten us to what difference it makes either way.

He may want to confirm when you bought so he can point out your folly of buying 4 years after you joined HPC



Those figures are a permanent reminder of just what you've achieved from 6 years of trolling.

Percy1983

Rinoa wrote: »

He may want to confirm when you bought so he can point out your folly of buying 4 years after you joined HPC



Those figures are a permanent reminder of just what you've achieved from 6 years of trolling.

Just an interesting point, yes he may not have got as good a deal than he potentially could have, but he still got a better deal than those who bought in 2007...

heathcote123

Percy1983 wrote: »

Just an interesting point, yes he may not have got as good a deal than he potentially could have, but he still got a better deal than those who bought in 2007...

What, with the price being much the same, and still doing 2 years of rent?

Rinoa

Percy1983 wrote: »

Just an interesting point, yes he may not have got as good a deal than he potentially could have, but he still got a better deal than those who bought in 2007...

Yes as Heathcote states, Q4 2009 average prices are at worst £5k lower than any quarter in 2007.

But anyone buying in 2007 would have saved themselves 2 years rent, so still a better outcome than geneer's.

Percy1983

Surely it depends on area, house type and rent payed?

I know I have 'saved £25k since 2007 and 2 years rent hasn't cost that much.

I could also say a lessor mortgage will compound less interest over its term (generally) which is another saving you seem to ignore.

geneer

Percy1983 wrote: »

Surely it depends on area, house type and rent payed?

I know I have 'saved £25k since 2007 and 2 years rent hasn't cost that much.

I could also say a lessor mortgage will compound less interest over its term (generally) which is another saving you seem to ignore.

Indeed. The old feller thinks that "average price" for three bedroom houses across the whole of edinburgh is a meaningful measure. It is not, and never has been.
No doubt why, despite his best efforts, my price searches showed my offer was approx 20% down from peak.



Talk about years of wasted trolling eh.
(Particularly the last two years right Columbo/Rinoa?;))

geneer

Rinoa wrote: »

He may want to confirm when you bought so he can point out your folly of buying 4 years after you joined HPC



Those figures are a permanent reminder of just what you've achieved from 6 years of trolling.

:rotfl:The price was agreed in december 2009.

But I've already advised that, due to lag, december prices would be reflected in Q1. A concept Ol' RINOA was previously violently opposed to.

It now appears as if he is arguing for the Q1 measure.
He can't even "win" at his own hand picked meaningless fall backs.

Silly Rinoa.


So, to summarise.


A saving of £28000 on Rinoas assesment.
Add say £20000 for rent.
And my "profits" based on current prices and I'm
UP £73000. YAY!

A permanent reminder to Rinoa of his 6 years of pointless trolling.
(in particular the last 2 years. )

Rinoa

geneer wrote: »

:rotfl:The price was agreed in december 2009.

But I've already advised that, due to lag, december prices would be reflected in Q1.

But you've admitted your offer was accepted in December 2009 - and only ROS lags, ESPC use their own data from the month it was sold.

Even using your desperate face saving comedy classic of stating December is actually January, you're still down £9,000. Add in the £28,000 rent you wasted since joined HPC in 2005 and your dithering cost you £37,000 before you finally capitulated in 2009.

And that's using your own twisted logic. In reality listening to Jonathan Davis and HPC probably cost you more like £61,000.




Still, you came round to the bulls viewpoint eventually. :beer: