House buyer reduced offer

Ramouth

sidneyvic said:

Slinky said:

Going back to the original people who offered, have you looked in the loft and found you can see daylight?

Look in any loft and you should be able to see daylight.....
The roof space needs to breath and be well ventilated.

Ideally daylight should only be coming in through eaves vents and ridge vents (if a ventilated ridge system used) while the rest of the roof has a continuous layer of felt or breather membrane between the rafters and roofing battens.  There will be exceptions in older properties (e.g. scantle slating) but this is how it is done in most cases.

Slinky

sidneyvic said:

Slinky said:

Going back to the original people who offered, havel you looked in the loft and found you can see daylight?

Look in any loft and you should be able to see daylight.....
The roof space needs to breath and be well ventilated.

There's nothing visible in our loft or our previous one. There's ventilation in the eaves but the roof slope is so shallow any light isn't visible. Our previous loft, I spotted daylight as OH turned the loft light off. Turned out to be a slipped tile.

Sarah1Mitty2

angelasocks said:

Hi

Strike advertise on RM and Zoopla.  I know 2 people personally who sold with them and were very impressed.  

So many variables in selling a house it's hard to say whether I might be better going with a traditional EA.

Had a viewing booked in on Monday - they messaged to cancel last minute.

Viewing today Saturday they asked for 9:30, I accepted, then they changed asking for 8am today so I accepted that.  Spent 3 hours cleaning and scrubbing last night, didn't sleep well and got a message at 7:15am this morning to say they had cancelled altogether. So sparkling clean house, no viewers and not much sleep - fed up.

Thanks all for responses. 

At least they messaged, some people wouldn`t have bothered.

martindow

Don't get too excited when the agent comes back with stats on how many views there have been on the website - it's the MSE effect!

You have made a lot of changes so the website pictures need to be updated with made beds and tidied up garden, etc.  The agent's description talks of "... garden with fantastic views to the rear of the property".  If that is true rather than exaggeration a photo of that would also be a good idea.

OhWow

tab99uk said:

its a seller market them days have gone when you can a reduction on asking price now days you get over 20k asking price.

So some people say, but sadly my DD and also one cousin, have been trying to sell their property's for the last year/two years and can't sell unless they take an offer below what they paid 5 years/3 years ago. And they both tried selling before the mortgage rates rises and now inflation raising it's ugly head. 

As somebody once said on MSE, it's not a housing ladder, it's a housing rope. You jump as high as you can and then try to hang on.

Trying to sell a property is the second most stressful thing you will ever do.

[Deleted User]

OhWow said:

tab99uk said:

its a seller market them days have gone when you can a reduction on asking price now days you get over 20k asking price.

So some people say, but sadly my DD and also one cousin, have been trying to sell their property's for the last year/two years and can't sell unless they take an offer below what they paid 5 years/3 years ago. And they both tried selling before the mortgage rates rises and now inflation raising it's ugly head. 

I agree with this, it WAS a sellers' market in '21 & the first half of this year, now it's becoming a buyers' market and if you believe the predictions, it will become even more of a buyers' market in '23.

MobileSaver

OhWow said:

tab99uk said:

its a seller market them days have gone when you can a reduction on asking price now days you get over 20k asking price.

my DD and also one cousin, have been trying to sell their property's for the last year/two years and can't sell unless they take an offer below what they paid 5 years/3 years ago.

Are these new-builds where the sellers obviously paid a hefty premium for a brand new house with sparkly new appliances? As other than that I can't fathom where in the UK house prices are lower now than they were 3 to 5 years ago...

Sarah1Mitty2

OhWow said:

tab99uk said:

its a seller market them days have gone when you can a reduction on asking price now days you get over 20k asking price.

So some people say, but sadly my DD and also one cousin, have been trying to sell their property's for the last year/two years and can't sell unless they take an offer below what they paid 5 years/3 years ago. And they both tried selling before the mortgage rates rises and now inflation raising it's ugly head. 

As somebody once said on MSE, it's not a housing ladder, it's a housing rope. You jump as high as you can and then try to hang on.

Trying to sell a property is the second most stressful thing you will ever do.

Yes people do seem to keep trotting out that line for some reason, maybe they don`t follow the news or something? Relative of mine is in exactly the same situation, the feedback is that the mortgage market has changed all of a sudden and people need to review their options.

[Deleted User]

MobileSaver said:

OhWow said:

tab99uk said:

its a seller market them days have gone when you can a reduction on asking price now days you get over 20k asking price.

my DD and also one cousin, have been trying to sell their property's for the last year/two years and can't sell unless they take an offer below what they paid 5 years/3 years ago.

Are these new-builds where the sellers obviously paid a hefty premium for a brand new house with sparkly new appliances? As other than that I can't fathom where in the UK house prices are lower now than they were 3 to 5 years ago...

Well, for one, house prices for prime central London property peaked in 2014 and are down considerably since then...

MobileSaver

Deleted_User said:

MobileSaver said:

OhWow said:

tab99uk said:

its a seller market them days have gone when you can a reduction on asking price now days you get over 20k asking price.

my DD and also one cousin, have been trying to sell their property's for the last year/two years and can't sell unless they take an offer below what they paid 5 years/3 years ago.

Are these new-builds where the sellers obviously paid a hefty premium for a brand new house with sparkly new appliances? As other than that I can't fathom where in the UK house prices are lower now than they were 3 to 5 years ago...

Well, for one, house prices for prime central London property peaked in 2014 and are down considerably since then...

Are you sure about that? Can you share your official source please?

Regardless, can @OhWow confirm that their relatives are selling in prime central London or are there other places where prices are lower than 5 years ago?