HPC-TheCountOfNowhere

Carl31

It took 5 years to sell?

was it sold as a vintage flat?

Generali

Aberdeenangarse wrote: »

Have you ever thought about getting yourself a hobby?

I think he has one!

caronoel

Joeskeppi wrote: »

Do you think his employer knows he spends all day tweeting and foruming?

The market for low end "recruitment consultants" in Northampton is very quiet in January. Although I understood he had moved to France recently?

anchovypizza

Joeskeppi wrote: »

Do you think his employer knows he spends all day tweeting and foruming?

Does yours?


You have to be kidding, not another HPC thread, are you lot really that obsessed?

Blacklight

Danny 'the count' Lee would like nothing more than a thread dedicated to his trolling, Please don't feed him.

thequant

Carl31 wrote: »

It took 5 years to sell?

was it sold as a vintage flat?

I think they must have pulled it off the market, and put it back up last year. I've been monitoring that area as I've been looking for the past year for a BTL.

I'm still interested in a BTL (If I can squeeze one through before the tax changes kick in). So earlier I was looking online at this forums and other forums for anecdotals about the area.

When I came across the MSE thread, I was surprised not only to see the HPC crowd trying to ramp the vendors price down, but it was also a property I had looked at online previously.

So I was doing something productive, by doing research is how one makes a successful investment.

Since I failed to find something online earlier, I thought I would share the fruits of my labour on here.

TheeMaskedTurnip

He's a real nasty piece of work.

mayonnaise

TheeMaskedTurnip wrote: »

He's a real nasty piece of work.

He has dedicated a thread to himself, reaching the milestone of 20,000 posts.
http://www.housepricecrash.co.uk/forum/index.php?/topic/208145-20000-postsheres-what-i-have-seen/
And the HPC collective congratulate him on being wrong for the past 10 or so years. Madness. :rotfl:

PasturesNew

So theirs has gone up 33% hurrah..... but they've bought a bigger/pricier flat now, which has also gone up 33% boo!

(Rounded figures) selling at £150k and buying something bigger at £200k, they'd owe £200k now. Selling at £200k would mean buying that £200k flat for £267k, so they owe £267k now.

So, on balance, if they'd sold "at a loss" then, assuming they could get another mortgage, they'd now be £67k better off and have enjoyed living in a bigger place for 5 more years.

Various other mathematical combinations, permutations and assumptions are also available.... throw in a liberal helping of "IF" they could get another mortgage and "IF" they could find a buyer at all and "IF" .... etc.

westernpromise

PasturesNew wrote: »

So theirs has gone up 33% hurrah..... but they've bought a bigger/pricier flat now, which has also gone up 33% boo!

(Rounded figures) selling at £150k and buying something bigger at £200k, they'd owe £200k now. Selling at £200k would mean buying that £200k flat for £267k, so they owe £267k now.

So, on balance, if they'd sold "at a loss" then, assuming they could get another mortgage, they'd now be £67k better off and have enjoyed living in a bigger place for 5 more years.

Various other mathematical combinations, permutations and assumptions are also available.... throw in a liberal helping of "IF" they could get another mortgage and "IF" they could find a buyer at all and "IF" .... etc.

So the more money they lose, the better off they are.

Thanks for that insight.