First time buyer: one bedroom in London

Crashy_Time

Mickygg wrote: »

No I wouldn’t. But the difference is I don’t offer comments and advice with a motive of trolling for house prices to crash.

I offer help and advice based on usually past experience.

You however bang on about all houses being too expensive, worthless and would never buy any that anyone asks advice on....simply because you are a regretful renter longing for house prices to crash.

Tell me have any of your house predictions over last 10 years been correct? Well it’s NONE, so as you have no idea why should anyone listen to your ‘advice’? You are a troll and all anyone has to do is look at your posting history to see that.

1) Bailing out property and
debt holders will lead to political crisis - Check.

2) Ultra low rates for too long will lead to a bigger bubble and
more people struggling to sell when they need to for anything
like the price they need - Check.

3) Voters will wake up to the fact that borrowing bubble money for
property only really benefits bankers, and politicians will
respond by taxing property owners/mortgage debtors more
heavily - Check.

4) As reality dawns this place will become a lot quieter with far
less cheerleading for high property prices, but a hardcore of
posters will cling on saying that the bubble is "normal" - Check.

5) The Price Police will continue to undermine
any discussion that say prices need to come down, but with
dwindling credibility - Check.

Should I go on.....?

Crashy_Time

gingercordial wrote: »

Here you go!

https://www.rightmove.co.uk/property-for-sale/property-82245002.html

Why no outside shots?

jimbog

Crashy_Time wrote: »

Why no outside shots?

Covered in post #51

JayRitchie

redefinr wrote: »

Yeah I guess I have to let go. EA keeps emailing me other properties which are WAY OVER the budget I discussed - I don't know what they thinking!

I may book a viewing for this one:

https://www.rightmove.co.uk/property-for-sale/property-72937240.html

I really like that on, and the location. I'd check lease length and service charges before you get too keen if I were you. The price is lower than I would have guessed.

jimbog

Crashy_Time wrote: »

1) Bailing out property and
debt holders will lead to political crisis - Check.

2) Ultra low rates for too long will lead to a bigger bubble and
more people struggling to sell when they need to for anything
like the price they need - Check.

3) Voters will wake up to the fact that borrowing bubble money for
property only really benefits bankers, and politicians will
respond by taxing property owners/mortgage debtors more
heavily - Check.

4) As reality dawns this place will become a lot quieter with far
less cheerleading for high property prices, but a hardcore of
posters will cling on saying that the bubble is "normal" - Check.

5) The Price Police will continue to undermine
any discussion that say prices need to come down, but with
dwindling credibility - Check.

Should I go on.....?

You are agreeing with your own suppositions

Crashy_Time

JayRitchie wrote: »

I really like that on, and the location. I'd check lease length and service charges before you get too keen if I were you. The price is lower than I would have guessed.

https://www.propertylog.net/

JayRitchie

Wow - £100k reduction. Thats huge. Wonder what the issue is?

Crashy_Time

JayRitchie wrote: »

Wow - £100k reduction. Thats huge. Wonder what the issue is?

I`m guessing it might have been a mistake in the original listing?

JayRitchie

Crashy_Time wrote: »

I`m guessing it might have been a mistake in the original listing?

Not convinced. The old price of £400k would be far nearer my estimate than the new price of £300k. I'm more inclined to think there is something which makes the flat less attractive.

Crashy_Time

https://www.ft.com/content/cdea474a-6d94-11e9-9ff9-8c855179f1c4