Get your money in Bricks and Mortar.But make sure its a House!!

Mustbeananswer??

RHemmings said:

cymruchris said:

Mustbeananswer?? said:

I havent been in the Housing Market for 14 years and am shocked at how new build flats don't seem to increase in value anymore.Most places  I look flats have and are plummeting in price whereas Houses up until six months ago seem to be holding and in a lot of cases still improving in price.How much of this can we lay at the Grenfell door and how much was a natural disapproval to a mainly Leasehold existence where in a lot of cases  you lose control of your destiny ???

What's the update on your purchasing thread?

What is a purchasing thread? Are there any examples you're aware of that you could link to? 

If you search my threads you will see that I  was delighted with  a purchase I made of a flat locally.I didnt envisage the cladding details being so onerous and complicated.Note to oneself ...All that glitters is not gold.The sale has fallen through.Its ok...Im over 21....I can take it !!

MultiFuelBurner

Mustbeananswer?? said:

RHemmings said:

cymruchris said:

Mustbeananswer?? said:

I havent been in the Housing Market for 14 years and am shocked at how new build flats don't seem to increase in value anymore.Most places  I look flats have and are plummeting in price whereas Houses up until six months ago seem to be holding and in a lot of cases still improving in price.How much of this can we lay at the Grenfell door and how much was a natural disapproval to a mainly Leasehold existence where in a lot of cases  you lose control of your destiny ???

What's the update on your purchasing thread?

What is a purchasing thread? Are there any examples you're aware of that you could link to? 

If you search my threads you will see that I  was delighted with  a purchase I made of a flat locally.I didnt envisage the cladding details being so onerous and complicated.Note to oneself ...All that glitters is not gold.The sale has fallen through.Its ok...Im over 21....I can take it !!

As was said on that thread

YOU NEVER PURCHASED IT !!!!

Mustbeananswer??

MultiFuelBurner said:

Mustbeananswer?? said:

RHemmings said:

cymruchris said:

Mustbeananswer?? said:

I havent been in the Housing Market for 14 years and am shocked at how new build flats don't seem to increase in value anymore.Most places  I look flats have and are plummeting in price whereas Houses up until six months ago seem to be holding and in a lot of cases still improving in price.How much of this can we lay at the Grenfell door and how much was a natural disapproval to a mainly Leasehold existence where in a lot of cases  you lose control of your destiny ???

What's the update on your purchasing thread?

What is a purchasing thread? Are there any examples you're aware of that you could link to? 

If you search my threads you will see that I  was delighted with  a purchase I made of a flat locally.I didnt envisage the cladding details being so onerous and complicated.Note to oneself ...All that glitters is not gold.The sale has fallen through.Its ok...Im over 21....I can take it !!

As was said on that thread

YOU NEVER PURCHASED IT !!!!

In my head I purchased it.My Solicitor pulled out 2 days before exchange.I agreed to purchase it up to that point!!Very traumatic !!

NameUnavailable

You are always paying a premium for a new build property - think about it, newly decorated, new kitchen, new bathroom, probably new carpets/flooring etc. etc.

Rather like buying a new car which loses about 20% of its value the moment you drive it off the garage forecourt.

Mustbeananswer??

You make a fair point likening it to a car.However property in previous decades held its value far better than cars??Flats in particular are a fraction of the price they were when they were built ???