Buyers want to reduce price of house - house valuation gone up.

GDB2222

It's becoming such a minefield that people skirt round using pronouns altogether.

I am annoyed that my room mate is eating all my food.

TonyTeacake

nicknameless said:

TonyTeacake said:

Okey00001 said:

lookstraightahead said:

I would be watching the market very carefully as a buyer at the moment. It doesn't excuse their behaviour and personally I would not negotiate at this stage, but I think we're on the cusp of house prices stabilising. 

Why had it taken so long in the first place? Who had kept whom waiting?

along with pandemic lockdown, winter months , useless estate agent! I changed the estate agent - and things began to roll in a positive direction.

But I think we're on the cusp of house prices stabilising.

Totally agree that we might be seeing house prices stabilise or being reduced although this maybe subject to certain areas for the moment. You say your house has gone up in price in recent months? So let's say you don't accept the sellers new offer will you remarket with the possibility to be in the same position again further down the road if a new seller wants to renegotiate after a survey would you argue the fact if house prices have gone up again in the last few months.

I would be watching the market very carefully as a buyer at the moment.

This is a key point has I have mentioned to a lot of people in other forums they are a lot of uncertainties in the world at the moment and I know some people don't like to hear this but has this year goes on many people will be hit hard with rampant inflation and higher interest rates. There will less demand for property purchases and prices will start to fall, it won't happen overnight but is coming and the possibility of a bad recession will cause this biggest bubble in housing history to crash really hard.

Thanks Crashy.  How's the bedsit?

I did live in a bedsit but that was in the 80s.

Instead of looking at the housing market with tunnel vision try and spread your wings a little. If you take into account the bigger picture this paints a different story has I don't think it would be advisable not to ignore what is going on with the cost of living. Unfortunately it is only going to get worse before it gets better.

TonyTeacake

newsgroupmonkey_ said:

seradane said:

That doesn't mean they're a member of the HPC brigade!

I didn't say he WAS Crashy, I said he sounded like it.

I get that we all need to be careful, but constantly telling people that their houses are overvalued, or that a slump is about to happen or just because they paid less than the asking price (which is highly unusual in this market) is very, very tiring.

We could all be like the Daily Express idiots that forecast snow next week, but realistically, all we have to work with is the here and now. Right now, in most areas of the country, any house priced remotely reasonably will sell very, very quickly. There is a massive lack of stock.

I didn't say he WAS Crashy, 
I have no idea who Crashy is and I am not offended at all if you call me Crashy even though I do think a crash is coming.

I have just voiced my personal opinion about what could happen not just in the property market but also in the economy. 
Some people may agree with me and I'm sure some will not only time will tell.

There is a massive lack of stock.
I believe this is temporary and down to a lot of people wanting to move or relocate especially during the pandemic so why did we not see this happen prepandemic. I know some people are going to say now we have people coming from Hong Kong so I will answer this one for you now. I am fully aware of this although I can't say how many actually come in it depends where you get your info from. Maybe the first wave was the wealthier ones who could move quicker, we will have to see how many more do actually come but let us not assume they all of pots of cash and jobs to walk straight into although I am sure some do have. Also let's not forget we had an estimated 146,000 EU nationals left the UK in 2020 plus about another 50,000 non EU's to and unfortunately we also lost a lot of people due to covid. 

I will also throw in there are currently 850,000 people on tracker rates, which is down from 900,000 at the end of last year. Around 26 per cent of mortgages were on variable rates. With everything else happening this is a recipe for disaster.

deannagone

Not confusing at all, unless someone wants it to be.  In context of the post, what 'they' refers to is perfectly clear.  The word 'they' is perfectly permissable, I use it all the time when not totally sure of someone's gender.

TripleH

My head hurts when they is used in this context 'they is going to open they computer' for example. I'd be quite content to replace with 'zee' in all context.

julicorn

TripleH said:

My head hurts when they is used in this context 'they is going to open they computer' for example. I'd be quite content to replace with 'zee' in all context.

No one says 'they is', it's still 'they are' when referring to a single person of either un-known or neutral gender. 

If that really gives you a headache, I'm sorry to hear - although I highly doubt it, it happens probably far more than you're actually noticing. For example 5 minutes ago in this exact forum, 3rd comment here: https://forums.moneysavingexpert.com/discussion/6345713/sold-house-under-auction-conditions-buyers-paid-10-non-refundable-deposit-negotiation-question

Does that example below genuinely hurt your feelings / give you a headache? 

canaldumidi said:

Do you have a conveyancer? Have you asked them?

julicorn

Another amusing example of a person defending that position pretty unsuccessfully:

lookstraightahead

julicorn said:

Another amusing example of a person defending that position pretty unsuccessfully:

🤣🤣🤣 hilarious 

martindow

julicorn said:

Another amusing example of a person defending that position pretty unsuccessfully:

Not to mention licence.

I think the battle regarding the use of their to avoid the awkwardness of he/she or his/her is well on the way to being lost.  Language changes and now very few people worry about split infinitives or whether to use shall or will to form the future tense, for instance.

GUZZI81

I apologise in advance I'm dyslexic, we  placed a  property for sale on a Wednesday and accepted  the asking price  on the Monday  basically because  its to a cash buyer  no chain involved on both  sides,  we could have  probably  have gotten more  if we had waited,  but  we are both  happy  making  £50k on  the house  price  was valued  back in February , plus as I have said  its a cash buyer so it should  go through  in 8 weeks for the sale.