House has been on the market for 6 months

[Deleted User]

ReadySteadyPop said:

RHemmings said:

twopenny said:

Down here we too have bungalows that have been on the market for a long time. It's very unusual.

This has been going on for the last year or so.

Here  in Leicester too I've seen bungalows hanging around for a long time. All the ones I looked at in 2023 are eventually off the market now. I think some were withdrawn after simply not selling. 

This is happening all over now.

They are selling where I live so you are wrong but that wont stop you trying to dominate the thread.

People dont tend to post that their house sold in a week because thats not a problem. The scenarios presented on here for problem solving are the exception. 

RHemmings

[Deleted User] said:

ReadySteadyPop said:

RHemmings said:

twopenny said:

Down here we too have bungalows that have been on the market for a long time. It's very unusual.

This has been going on for the last year or so.

Here  in Leicester too I've seen bungalows hanging around for a long time. All the ones I looked at in 2023 are eventually off the market now. I think some were withdrawn after simply not selling. 

This is happening all over now.

They are selling where I live so you are wrong but that wont stop you trying to dominate the thread.

People dont tend to post that their house sold in a week because thats not a problem. The scenarios presented on here for problem solving are the exception. 

I think that Crashy may be happier if they moved to New Zealand.

Herzlos

ReadySteadyPop said:

Herzlos said:

ReadySteadyPop said:

It is slow due to increased borrowing costs across the market.

Borrowing costs have started going down.

https://www.plymouthherald.co.uk/news/cost-of-living/santander-pulls-market-beating-5-9967238

That's a single vendor ceasing a better than base rate deal and not indicative of the market as a whole. The base rate just came down to 4.5% which is almost the pre-2007 crash norm.

https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate

What's the point of the fear mongering?

RelievedSheff

ReadySteadyPop said:

Herzlos said:

ReadySteadyPop said:

It is slow due to increased borrowing costs across the market.

Borrowing costs have started going down.

https://www.plymouthherald.co.uk/news/cost-of-living/santander-pulls-market-beating-5-9967238

Have you read the article?

It was pulled due to high demand and lengthening processing times.

Other lenders now have similar priced deals on offer.

ReadySteadyPop

RelievedSheff said:

ReadySteadyPop said:

Herzlos said:

ReadySteadyPop said:

It is slow due to increased borrowing costs across the market.

Borrowing costs have started going down.

https://www.plymouthherald.co.uk/news/cost-of-living/santander-pulls-market-beating-5-9967238

Have you read the article?

It was pulled due to high demand and lengthening processing times.

Other lenders now have similar priced deals on offer.

It was pulled due to "funding costs", and inflation is the thing to read not the announcements from banks about teaser rates to draw people into lengthy loans.

https://inews.co.uk/inews-lifestyle/money/property-and-mortgages/cheap-mortgages-rate-inflation-rise-3542362

I think the OP is best to just accept the fact that borrowing costs rising by a LOT over the last couple of years is putting off buyers and killing demand, keep the house clear and tidy looking in photos and adjust the price until the viewings pick up.

[Deleted User]

RHemmings said:

[Deleted User] said:

ReadySteadyPop said:

RHemmings said:

twopenny said:

Down here we too have bungalows that have been on the market for a long time. It's very unusual.

This has been going on for the last year or so.

Here  in Leicester too I've seen bungalows hanging around for a long time. All the ones I looked at in 2023 are eventually off the market now. I think some were withdrawn after simply not selling. 

This is happening all over now.

They are selling where I live so you are wrong but that wont stop you trying to dominate the thread.

People dont tend to post that their house sold in a week because thats not a problem. The scenarios presented on here for problem solving are the exception. 

I think that Crashy may be happier if they moved to New Zealand.

Indeed. And just off the top of my head i sold a house 5 months ago. Two neighbours sold in my street recently (maybe they dont like me). No threads about these, why? because "house sold quickly at 99% asking price" doesnt a topic make.

ReadySteadyPop

[Deleted User] said:

RHemmings said:

[Deleted User] said:

ReadySteadyPop said:

RHemmings said:

twopenny said:

Down here we too have bungalows that have been on the market for a long time. It's very unusual.

This has been going on for the last year or so.

Here  in Leicester too I've seen bungalows hanging around for a long time. All the ones I looked at in 2023 are eventually off the market now. I think some were withdrawn after simply not selling. 

This is happening all over now.

They are selling where I live so you are wrong but that wont stop you trying to dominate the thread.

People dont tend to post that their house sold in a week because thats not a problem. The scenarios presented on here for problem solving are the exception. 

I think that Crashy may be happier if they moved to New Zealand.

Indeed. And just off the top of my head i sold a house 5 months ago. Two neighbours sold in my street recently (maybe they dont like me). No threads about these, why? because "house sold quickly at 99% asking price" doesnt a topic make.

Why are you interested in houses that are not selling?

newsgroupmonkey_

ReadySteadyPop said:

I think the OP is best to just accept the fact that borrowing costs rising by a LOT over the last couple of years is putting off buyers and killing demand, keep the house clear and tidy looking in photos and adjust the price until the viewings pick up.

I've cut the other bit out, because it's blatant rule breaking (again).

However, I've posted in the other thread that it's not putting off buyers.

Fact: More houses sold last year than the year before and it's been steady over the last 10 years.
Fact: House prices went up again last year and are looking to overtake the high of 2022.

So, TL:DR? People are buying houses. Fact. People are borrowing money to buy them. House prices are still rising.

At some point Crashy, you're going to have to accept the fact that the house price crash you continue to say is happening or imminent just isn't.

ReadySteadyPop

swingaloo said:

Most replies on this thread seem to be from posters who think the OP is selling a bungalow for some reason.

What is the OP selling?

[Deleted User]

ReadySteadyPop said:

[Deleted User] said:

RHemmings said:

[Deleted User] said:

ReadySteadyPop said:

RHemmings said:

twopenny said:

Down here we too have bungalows that have been on the market for a long time. It's very unusual.

This has been going on for the last year or so.

Here  in Leicester too I've seen bungalows hanging around for a long time. All the ones I looked at in 2023 are eventually off the market now. I think some were withdrawn after simply not selling. 

This is happening all over now.

They are selling where I live so you are wrong but that wont stop you trying to dominate the thread.

People dont tend to post that their house sold in a week because thats not a problem. The scenarios presented on here for problem solving are the exception. 

I think that Crashy may be happier if they moved to New Zealand.

Indeed. And just off the top of my head i sold a house 5 months ago. Two neighbours sold in my street recently (maybe they dont like me). No threads about these, why? because "house sold quickly at 99% asking price" doesnt a topic make.

Why are you interested in houses that are not selling?

We arent doing this. 

You said something is happening all over, you are wrong.  I have nothing more to add.