House for Sale for a year - No offers.

Turnbull2000

PasturesNew wrote: »

It's all relative.
And those were sample figures.

A couple might have £80k equity, they might be earning £30-35k each.

Their takehome would be £3000/month even on the figures I threw around

What is relevant is the %age of take home that is mortgage. And on my "throw some figures about" example it is just 30%.

In North East Wales!! :rotfl:

I'd be interested to see how the average salary compares to the rest of the UK.

PasturesNew

Turnbull2000 wrote: »

In North East Wales!! :rotfl:

I'd be interested to see how the average salary compares to the rest of the UK.

I did say "council workers". People on national payscales.
Council, NHS, similar type funded jobs.

Doozergirl

IcemanUK wrote: »

When are you people going to reliaze that if you cant sell your house it is because the price is wrong!

Market value is what you can get someone to pay you for it. :T

Congratulate yourself again, why don't you on your spectacular insight and downright rudeness. :rolleyes:

WTF?_2

Doozergirl wrote: »

Congratulate yourself again, why don't you on your spectacular insight and downright rudeness. :rolleyes:

It maybe could have been worded more nicely by the poster but the meat of the comment is spot on. If it's been on the market for a year with 14 viewings then it's overpriced.

To repeat the 'rudeness' - houses are worth only what the market will bear and not what the owner thinks it ought to be worth.


Aside from that, I agree with the comments about the picture of the house on Rightmove. It's doing the place no favours and should be replaced with something that shows the house in a better light.

Turnbull2000

Doozergirl wrote: »

Congratulate yourself again, why don't you on your spectacular insight and downright rudeness. :rolleyes:

Oh dear.

IcemanUK is right, and I can't see any rudeness in his post. But if that's not what people want to hear, then how about this...


OP, since your home has been on the market for a year, it's value has probably increased by at least 15%. UP THE PRICE YOU FOOL!!!

Doozergirl

Fine. I'll start all my posts with 'When are people like you going to learn' and end them, as I am learning by your replies, as FOOLS.

And I will use the rest of my post to state the bleeding obvious.

UK007BullDog

I have 3 pc's and could not get the virtual tour to work.

Personally I prefer all photos on the same page, including room sizes in imperial and metric measurements. That way I can scan the info quickly without too much clicking about.

tweetyshells

I couldnt get the virtual tour to work either

Melissa177

Although I think I have said myself before on this forum that a house is only worth what someone is willing to pay for it, that is not strictly true - it's worth what someone is prepared to pay AND what someone is prepared to accept.

I agree with Doozergirl about the rude comments - there is no need for posters to be so snappy and judgemental on here. I suspect if some people weren't hiding behind an anonymous handle on an internet forum, they'd be a lot nicer.

IcemanUK_2

Doozergirl wrote: »

Congratulate yourself again, why don't you on your spectacular insight and downright rudeness. :rolleyes:

So it's now considered rude to state the obvious is it? The UK house market is wildly overvalued and has been driven by

A. GREED
B. The availabilty of cheap credit
C. Lax lending standards
D. Lying on mortgage applications

As far as I can see A is still firmly in place. B has been turned of at source as has C and D will see some people in jail.

Without B and C you have no housing market in its current form. As a consequence prices will drop. You can deny it all you like but it is reality and like in the US and Spain it will also get worse because the easy credit has now been turned off at the tap

PS
I also appologize to the OP if I came across as rude, it was not intended. I was just exasperated that people seem to look at eveything but the market and the price.

When I see this

http://www.farmsincanada.ca/property_details/262/

Yes 35 acres for 168 grand it makes me angry to look at the ridiculous state of the UK market when an ordinary person cannot afford a home for his family.