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Debate House Prices
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What propertybee drops do you see in your area?
Comments
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I think it's just plain 'ol mortgage fraud, for people who don't have sufficient deposits.
So e.g. if a house sells for £95,000, the EA logs in to Rightmove and changes the price to £100,000. Thus the buyer now only needs a 95% LTV mortgage, rather than a 100% mortgage which is impossible to get these days.
Is it not the Banks valuation of the property that is relevant here not the EA valuation?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
This house in Camberley has dropped just over 15% in 6 weeks
http://www.rightmove.co.uk/viewdetails-19535030.rsp?pa_n=15&tr_t=buy
History
dateevent1st Apr 2008- Price changed: from 'Offers in Excess of £299,950' to 'Offers in Excess of £275,000'
- Price changed: from 'Offers in Excess of £325,000' to 'Offers in Excess of £299,950'
- Price changed: from '£325,000' to 'Offers in Excess of £325,000'
- Initial entry found.
Property bee is amazing!!!!;)0 -
Is anyone monitoring house prices in Bradley Stoke,Bristol. If so, I would like to know what is happenning we plan to buy there from September onwards.In the meantime will rent until we find our way around.Any help will be greatly appreciated.0
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