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Can anyone help re: house price increases please?

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Comments

  • TheJP said:

    House for sale as part of a separation means it will likely take longer to complete as you are dealing with 2 sellers who may not like each other right now and difference of opinion on value as each will have a figure in their head as to what they want from the sale. 
    Yes, it has been inferred that one person is more attached to the property than the other.  After much deliberation and because we like the house so much we put in an offer of £445k (5k under the 'offers over').  Offer declined.  Looking for £455k.  Whether that's both of them or one of them who knows?

  • TheJP
    TheJP Posts: 1,988 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    TheJP said:

    House for sale as part of a separation means it will likely take longer to complete as you are dealing with 2 sellers who may not like each other right now and difference of opinion on value as each will have a figure in their head as to what they want from the sale. 
    Yes, it has been inferred that one person is more attached to the property than the other.  After much deliberation and because we like the house so much we put in an offer of £445k (5k under the 'offers over').  Offer declined.  Looking for £455k.  Whether that's both of them or one of them who knows?

    Its likely one of the owners that wants that price and they cant sell until both agree on a price/offer to sell.

    @lookstraightahead prime example of how these marketing titles give a clear indication of what a seller wants. Doesn't look like at this point in time they wont budge for anything less than £5k over their guide. 
  • dander
    dander Posts: 1,824 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper

    Yes, it has been inferred that one person is more attached to the property than the other.  After much deliberation and because we like the house so much we put in an offer of £445k (5k under the 'offers over').  Offer declined.  Looking for £455k.  Whether that's both of them or one of them who knows?

    I'd be inclined to call their bluff and just say you can't do £455k and walk away. See how seriously they take your offer when it's that or nothing. 

    But then, I'm not emotionally invested, so that's easy for me to say!
  • Sarah1Mitty2
    Sarah1Mitty2 Posts: 1,838 Forumite
    1,000 Posts First Anniversary Name Dropper
    dander said:

    Yes, it has been inferred that one person is more attached to the property than the other.  After much deliberation and because we like the house so much we put in an offer of £445k (5k under the 'offers over').  Offer declined.  Looking for £455k.  Whether that's both of them or one of them who knows?

    I'd be inclined to call their bluff and just say you can't do £455k and walk away. See how seriously they take your offer when it's that or nothing. 

    But then, I'm not emotionally invested, so that's easy for me to say!
    Yes, especially in this market which is completely different to the market of a couple of years ago, sellers might need this sort of wake up call to focus their minds.
  • Sarah1Mitty2
    Sarah1Mitty2 Posts: 1,838 Forumite
    1,000 Posts First Anniversary Name Dropper

    Are you using PropertyLog to track price movements?
    Just started doing this.

    Great little tool isn`t it.
  • TheJP
    TheJP Posts: 1,988 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    dander said:

    Yes, it has been inferred that one person is more attached to the property than the other.  After much deliberation and because we like the house so much we put in an offer of £445k (5k under the 'offers over').  Offer declined.  Looking for £455k.  Whether that's both of them or one of them who knows?

    I'd be inclined to call their bluff and just say you can't do £455k and walk away. See how seriously they take your offer when it's that or nothing. 

    But then, I'm not emotionally invested, so that's easy for me to say!
    Yes, especially in this market which is completely different to the market of a couple of years ago, sellers might need this sort of wake up call to focus their minds.
    Yawn. Which crash is this aligned to?
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    TheJP said:

    Yawn. Which crash is this aligned to?
    I think it's the one that's been just about to happen since 2008, but it could be an earlier one... Still, any day now...any day... 
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