Debate House Prices


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Nice people thread part 5 - nicely does it

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  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Oops, in the time I took to type that and work some other stuff out you've had a bunch of other replies. I am s-l-o-w tonight.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    vivatifosi wrote: »
    Oops, in the time I took to type that and work some other stuff out you've had a bunch of other replies. I am s-l-o-w tonight.

    Yeah, but with my memory its good to have it repeated. :)
  • sss555s
    sss555s Posts: 3,175 Forumite
    Doozergirl wrote: »
    The speech bubbles are multiquote. The other one I just pressed and it took me to the reply box at the bottom.

    edit: I thought it might quote, but it doesn't, so it's pointless.

    The other one takes you directly to the quick reply box at the bottom of the page.

    I guess if you want to do a quick reply to a post at the top of the page when there is a lot of posts already on that page it may save you a bit of time scrolling.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Horses et al all behaved tonight, first time this week i think, so though i would have an easy night at last, ut now the dogs are gong crazy because there are hedgehogs out and the dogs, and cats, seem to adore hedgehogs. Go figure!
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    sss555s wrote: »
    The other one takes you directly to the quick reply box at the bottom of the page.

    I guess if you want to do a quick reply to a post at the top of the page when there is a lot of posts already on that page it may save you a bit of time scrolling.

    Vsave feeling sea sick while scrolling:o
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 26 April 2012 at 9:31PM
    silvercar wrote: »
    A 4 bed, 1 bathroom, extended and done up ex-council (but doesn't look it), set back from the main road was repossessed 2 weeks ago. Had an asking price offer already. £484k!!!

    That's nearly half a million quid!
    That's why selling them off makes no sense.... that'll be snapped up by a BTLer ... and rented out at full private rent prices .... paid for by the council - when they could have been paying out the council rent each week.

    It's never made sense...
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    vivatifosi wrote: »
    Say for example Pastures said something about beaches,
    As if!!!

  • GDB2222
    GDB2222 Posts: 26,265 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    silvercar wrote: »
    A 4 bed, 1 bathroom, extended and done up ex-council (but doesn't look it), set back from the main road was repossessed 2 weeks ago. Had an asking price offer already. £484k!!!

    That's nearly half a million quid!

    How much was it on the market for before it was repo'd?
    No reliance should be placed on the above! Absolutely none, do you hear?
  • GDB2222
    GDB2222 Posts: 26,265 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    That's why selling them off makes no sense.... that'll be snapped up by a BTLer ... and rented out at full private rent prices .... paid for by the council - when they could have been paying out the council rent each week.

    It's never made sense...


    I entirely agree with you that it never made sense to sell off council housing. It was a Conservative electioneering stunt. But I had better not go on too much about this, as some people may be offended.

    I do not think that this house will in fact be rented out, at least not to housing benefit claimants. The local reference rent (on which housing benefit is based) for four-bedroom houses in Outer North London is £282.69 per week. That would provide an absolutely miniscule yield of just 3%. So, this will not be a sensible letting proposition.

    There's no reason why an ex-LA property in a good area should not make a very nice home for somebody with £500k to spend.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • GDB2222
    GDB2222 Posts: 26,265 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    silvercar wrote: »
    A 4 bed, 1 bathroom, extended and done up ex-council (but doesn't look it), set back from the main road was repossessed 2 weeks ago. Had an asking price offer already. £484k!!!

    That's nearly half a million quid!

    Is this No. 92? Bought in 2007 for £385,000, so it's slightly surprising that they have been repo'd with the value having gone up by £100k, since they bought it. Perhaps they MEW'd?
    No reliance should be placed on the above! Absolutely none, do you hear?
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