2 weeks, no viewings

PasturesNew

I like plain white... you can always use that as a base coat if you want something else.

I don't want to pay (probably over the odds) for somebody else's choice of interior design as I won't like it, wouldn't have had it done, would've done it differently - and I begrudge feeling I'm paying over the odds for something I then can't touch as it's cost (me) so much money to buy the property.

Unique interior design is done for the person commissioning it - and would rarely be to anybody else's taste, so buyers start off with "a heap of stuff I feel I'm paying for and dislike".

It's a sales barrier, not a bonus.

You can now only sell to somebody with your exact same taste, or somebody with the skills/budget to be able to change it... or a blind person.

RelievedSheff

Diocletian_II wrote: »

What colour do they now tend to use?

You would know that if you had been actively looking to buy a property!!

sal_III

Interior design suggest furniture, which you are selling with the property to retain the "design". If that's the case you are immediately losing a huge chunk of the potential buyers who already have their own furniture.

Just post the link without the http://www bit and the helpful people around here will be able to give specific advise/opinion on what might be the problem, not just the current rampant speculations that we so much enjoy

System

RelievedSheff wrote: »

You would know that if you had been actively looking to buy a property!!

Developers' show homes are of no interest to me, since I ignore new build properties.

jimbog

Doozergirl wrote: »

but the last few weeks have been toxic, particularly in remain areas

Interesting. I would never have thought that the health of the housing market locally depended on how a constituency voted

Murphybear

Probably best to ignore how many hits on Rightmove.

Anything particularly attractive or quirky or even very expensive will attract viewers who aren’t looking to buy, just like looking at properties. I must confess I am one of them.

There is a road near us where the houses go for over £1m. I can’t resist looking. A friend tried to sell her cute thatched cottage in the heart of Devon, there were hundreds of hits on Rightmove. Only 2 offers, she sold to one of them

Crashy_Time

jimbog wrote: »

Interesting. I would never have thought that the health of the housing market locally depended on how a constituency voted

I would have thought the same, that is why the idea that there will be some magic fix to the housing market even if we revoke article 50 is wishful thinking, there is much more to the housing market than Brexit although the hit to sentiment at the moment is noticeable, probably because many people don`t understand, or don`t want to acknowledge to themselves that it is only low rates and cheap credit plus schemes to help builders make money that is keeping it all going now.

System

Crashy_Time wrote: »

I would have thought the same, that is why the idea that there will be some magic fix to the housing market even if we revoke article 50 is wishful thinking, there is much more to the housing market than Brexit although the hit to sentiment at the moment is noticeable, probably because many people don`t understand, or don`t want to acknowledge to themselves that it is only low rates and cheap credit plus schemes to help builders make money that is keeping it all going now.

Many people just want to identify a simple scapegoat cause for the deteriorating market, in order to
sweep the real reason under the carpet, because the real reason is too intractable and painful to face. The basic truth of the matter is that a massive debt bubble has been inflated, making property unaffordable on income multiples, and the bubble is now deflating.

numbercruncher8

I am looking in some parts of South London.

I do think people might be holding off on price for now, in that things might get cheaper. I have on the watch-list several flats that simply haven't sold in months.

No offence to anyone but many areas of South London aren't great, if I had more money I'd live elsewhere. (I live in South London). On the positive side, many parts have very good transport links to Central London.

The parts that are nice (mainly South West) are all quite overpriced to me, Clapham/Balham areas also. I think these have further to fall than others.

On a very small sample scale, the new-build flat block near where I live is down from peak.... 2-beds sold for £450k in 2018, there has been one at £400k for months, even one at £395k for 1 month with no takers... I would think similar is happening all across London. I would not be a buyer at these prices, as flats are relatively plentiful.

In that block anyway people seem to be afraid of taking a loss, I could envisage if there was a new listing people would simply pretend the value hasn't dropped and stick it on at £470k with a view to getting £450k, not getting it and taking it off the market after a few months. There have been a few like that.

Crashy_Time

numbercruncher8 wrote: »

I am looking in some parts of South London.

I do think people might be holding off on price for now, in that things might get cheaper. I have on the watch-list several flats that simply haven't sold in months.

No offence to anyone but many areas of South London aren't great, if I had more money I'd live elsewhere. (I live in South London). On the positive side, many parts have very good transport links to Central London.

The parts that are nice (mainly South West) are all quite overpriced to me, Clapham/Balham areas also. I think these have further to fall than others.

On a very small sample scale, the new-build flat block near where I live is down from peak.... 2-beds sold for £450k in 2018, there has been one at £400k for months, even one at £395k for 1 month with no takers... I would think similar is happening all across London. I would not be a buyer at these prices, as flats are relatively plentiful.

In that block anyway people seem to be afraid of taking a loss, I could envisage if there was a new listing people would simply pretend the value hasn't dropped and stick it on at £470k with a view to getting £450k, not getting it and taking it off the market after a few months. There have been a few like that.

Looking at London asking price reductions with PropertyLog is very interesting just now, it is almost as if people are realising that the 25k, 50k even 100k price reduction was never real money, it was just a number based on cheap credit and irrational sentiment, now they just want to sell and get on with their lives....will they be able to though with the obvious over-supply that now exists?