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Vendor won't lower price but will pay for works?

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Comments

  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    crashy_time wrote: »
    http://uk.reuters.com/article/uk-britain-houseprices-rics/london-house-prices-record-biggest-fall-since-2008-rics-idukkcn1bo2x0?rpc=401&


    house prices in central london fell at their sharpest pace since 2008 in august, intensifying the slowdown in the capital’s housing market, but prices went up in other regions of britain, a survey showed on thursday.


    . .
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    LandyAndy wrote: »
    . .


    Did you catch which regions (or do you know) and the number of sales they are basing this on. Thinking your house is worth X because a tiny number of sales have created a stat that says so isn`t really worth much if you don`t have a buyer.
  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    Crashy_Time wrote: »
    Did you catch which regions (or do you know) and the number of sales they are basing this on. Thinking your house is worth X because a tiny number of sales have created a stat that says so isn`t really worth much if you don`t have a buyer.

    I'm hazarding a guess that sales in central London weren't a big proportion of total sales.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    LandyAndy wrote: »
    I'm hazarding a guess that sales in central London weren't a big proportion of total sales.


    Where were the prices rising though?
  • jimbog
    jimbog Posts: 2,299 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Crashy_Time wrote: »
    Where were the prices rising though?

    You seem a little taken aback that someone actually went to the trouble to read one of your links :o
    Gather ye rosebuds while ye may
  • Mutton_Geoff
    Mutton_Geoff Posts: 4,080 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Crashy_Time wrote: »
    Where were the prices rising though?

    Housing costs rising fastest in the East Midlands?
    Signature on holiday for two weeks
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    jimbog wrote: »
    You seem a little taken aback that someone actually went to the trouble to read one of your links :o


    Maybe your sense of perception is different to mine, but it should be apparent that I don`t care that much either way :rotfl:However I would guess that most of my links and comments are read by a fair number of people ;) Lets face it though, all of my house prices are a bubble/crashing links are from the MSM, so they are being read by millions anyway :o
  • Narkynewt
    Narkynewt Posts: 118 Forumite
    I find it strange. I wouldn't let someone who wants to save money fit my boiler. Say no. Why would they lose out on selling their home over this??
  • phillw
    phillw Posts: 5,692 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 15 September 2017 at 10:01AM
    Crashy_Time wrote: »
    Thinking your house is worth X because a tiny number of sales have created a stat that says so isn`t really worth much if you don`t have a buyer.

    That is capitalism for you. If you immediately have a buyer then you priced your property too low.

    London is mostly crashing because of brexit. It doesn't seem to have hit the more racist regions yet.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Narkynewt wrote: »
    I find it strange. I wouldn't let someone who wants to save money fit my boiler. Say no. Why would they lose out on selling their home over this??


    Maybe they can`t afford the work, and as I said previously, this may mean more shoddy work and shortcuts will turn up later. Offer low or walk away.
This discussion has been closed.
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