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I sunk £50k into an unsellable flat.

168101112

Comments

  • elsien
    elsien Posts: 36,491 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 13 January 2023 at 12:40PM
    And because some of the posts with helpful suggestions as to how to address the selling issues have been romoved, even though they didn’t quote any other posts. 
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
  • Sarah1Mitty2
    Sarah1Mitty2 Posts: 1,838 Forumite
    1,000 Posts First Anniversary Name Dropper
    gwynlas said:
    I was going to respond to the OP but I see they have not replied to any of the advice expressed by others. Whilst they might not hve daily access to the net I would have expected anyone seeking advice to have given us an update by now
    They did make one reply but it seemed to fall foul of moderation and got removed.... along with rather more useful posts that quoted it. Doesn't look much like they'll meaningfully engage.
    A lot of the advice about changing photos and doing "work" on the flat are not really relevant though, people will view based on location, size and whether they think they can afford it, they will then decide for themselves how much work might need done.
  • Muttleythefrog
    Muttleythefrog Posts: 20,538 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 14 January 2023 at 10:26PM
    gwynlas said:
    I was going to respond to the OP but I see they have not replied to any of the advice expressed by others. Whilst they might not hve daily access to the net I would have expected anyone seeking advice to have given us an update by now
    They did make one reply but it seemed to fall foul of moderation and got removed.... along with rather more useful posts that quoted it. Doesn't look much like they'll meaningfully engage.
    A lot of the advice about changing photos and doing "work" on the flat are not really relevant though, people will view based on location, size and whether they think they can afford it, they will then decide for themselves how much work might need done.
    Photographs are relevant.... this is what is going to be significant in attracting interest in the first place (or putting people off!) which leads to viewing and/or offers... and quite often on these portals I imagine people look at what is coming onto the market as it comes onto the market so first impression quite valuable. I agree on work... in this case it doesn't sound like doing any works (barring basic cosmetics) is really going be relevant due to the apparent urgency to sell and move on. The estate agent has let them down.. it's a really poor effort and with 2 massive price reductions just days after marketing that also seems unprofessional unless it was the client insisting an apparent overvaluation to that level.

    For the record.... I recently moved to Cornwall from other end of country... All offers we made on properties was without in person viewings (in a couple of cases we did have videos taken by estate agents) and the property we eventually bought (that at first we'd ignored due to ambitious overpricing to the point it ended up in local press - Op note!) we saw in person for the first time when we moved in on completion day. Most people of course will view if interested and our issue was hot market and distance as well as disability.. but photographs and any information we could get up front were massive factors in whether we pursued and I imagine similar for many. In reflection.... also the sale of our property which we completed in advance of a purchase... while we sold it to someone who viewed very quickly we did get later offers that were higher from people who did not view and quite frankly sounded as desperate as we must've when trying to buy..lol.. but I can only assume the information from Estate Agent and the listing with images (which were good and of all rooms and gardens including an honest reflection of where updating would be likely desired) was sufficient for them to be sure it was a sound purchase pre survey.
    "Do not attribute to conspiracy what can adequately be explained by incompetence" - rogerblack
  • RedFraggle
    RedFraggle Posts: 1,446 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I do wonder how the OP feels about having their home put on the internet like this  though - although they have said they are no longer living there, we don’t know if they are still using it to house personal belongings, and we also don’t know whether their circumstances might make them quite identifiable to anyone who knows them, simply from what is posted here. They didn’t post a link to the property that I have seen, nor did they give agreement for anyone else to do so - again so far as I have seen. Personally I think there should be a forum rule that in this circumstance ONLY the OP can post a link to a property that they are currently selling. It feels rather intrusive to me that others have done this.  
    Fair point. I've deleted it.
    Officially in a clique of idiots
  • I do wonder how the OP feels about having their home put on the internet like this  though.  They didn’t post a link to the property that I have seen, nor did they give agreement for anyone else to do so.
    They identified the location, so anyone could look and find it with little effort.
    Person who posted a link has just done people a favour.

    If the OP wants advice, they have to give some information - thats the compromise.
    Don't assume - just answer the question as best you can with the information you have.
  • silvercar
    silvercar Posts: 49,934 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    I do wonder how the OP feels about having their home put on the internet like this  though - although they have said they are no longer living there, we don’t know if they are still using it to house personal belongings, and we also don’t know whether their circumstances might make them quite identifiable to anyone who knows them, simply from what is posted here. They didn’t post a link to the property that I have seen, nor did they give agreement for anyone else to do so - again so far as I have seen. Personally I think there should be a forum rule that in this circumstance ONLY the OP can post a link to a property that they are currently selling. It feels rather intrusive to me that others have done this.  
    This is an open forum. Starting a thread is inviting comments, with an acceptance that you have no control over those comments. If OP, or anyone else, feels that any comments are out of order then can click on the report button and the MSE forum team will take a look. They can also use their “right to be forgotten” if they want to disappear by contacting the forum team.

    That said, I would delete a link I personally had posted, if someone messaged me requesting it.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • EssexHebridean
    EssexHebridean Posts: 24,674 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I thnk comments are fair enough - basically posting someone’s home address though really doesn’t feel right to me. 

    @RedFraggle - fair play. 👍🏼
    🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
    Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
    Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
    Balance as at 31/08/25 = £ 95,450.00
    £100k barrier broken 1/4/25
    SOA CALCULATOR (for DFW newbies): SOA Calculator
    she/her
  • diystarter7
    diystarter7 Posts: 5,202 Forumite
    1,000 Posts First Anniversary Name Dropper
    silvercar said:
    I do wonder how the OP feels about having their home put on the internet like this  though - although they have said they are no longer living there, we don’t know if they are still using it to house personal belongings, and we also don’t know whether their circumstances might make them quite identifiable to anyone who knows them, simply from what is posted here. They didn’t post a link to the property that I have seen, nor did they give agreement for anyone else to do so - again so far as I have seen. Personally I think there should be a forum rule that in this circumstance ONLY the OP can post a link to a property that they are currently selling. It feels rather intrusive to me that others have done this.  
    This is an open forum. Starting a thread is inviting comments, with an acceptance that you have no control over those comments. If OP, or anyone else, feels that any comments are out of order then can click on the report button and the MSE forum team will take a look. They can also use their “right to be forgotten” if they want to disappear by contacting the forum team.

    That said, I would delete a link I personally had posted, if someone messaged me requesting it.
    Exactly that.
    Post of the week IMO
    The vast majority of posts here are very helpful and I for one learn from posts by various other people.

    The highlighted bit, totally agree with that but we are all different,

    Thanks

  • diystarter7
    diystarter7 Posts: 5,202 Forumite
    1,000 Posts First Anniversary Name Dropper
    Hi

    What I find staggering is the fact that there appear to be a couple of 'concerned posters.' Why not report it and let MSE Mods decide?  Trust me, if I felt like some here, rather than argue with others, I'd alert the Mods and they are the ones that are experienced in this area.


    Thanks
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