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First time buyer guidance - London
Comments
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Cheers, wrong end for those that I know, but may work for the OP as you mention.I am seeing a lot of average nothing special fiats in east London being marketed at silly prices which stay on rightmove for sometime even after price cuts. Decent stuff will sell at a sensible price but there a lot of dumps out there a and given the OPs budget they are restricted to that end of the market.0 -
What I've observed is that the prices were shooting up until the stamp duty deadline. Since then some properties are still on the market at the same price and some have been reduced to the same sort of level at the end of 2015 and then get snapped up pretty quickly.
The properties are generally still selling quickly, but at the same time very little seems to be coming on the market and you'll always have people who don't have the luxury of being able to wait for the right moment to buy so they buy what's available.0
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