We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Housing market blues
santashelper_2
Posts: 1,446 Forumite
Basically p....d off with the market at the moment been trying to sell since end of November reduced by £45,000 still not selling everyone says its a good size house but because its just above the stamp duty they dont want to pay:mad: now reduced to £250,000 now no one is looking :mad:
Wish i never bought a house sometimes it feels more trouble than its worth.
Wish i never bought a house sometimes it feels more trouble than its worth.
The average woman would rather have beauty than brains,
because the average man can see better than he can think.
Many people's view of the world is down to their experience, perception and what they have been conditioned to,this isnt any old MSE reply this is a important and experienced MSE reply :rotfl:
because the average man can see better than he can think.
Many people's view of the world is down to their experience, perception and what they have been conditioned to,this isnt any old MSE reply this is a important and experienced MSE reply :rotfl:
0
Comments
-
The market is at a complete stop at the moment as prices are too high compared in what you can borrow. It will start back up when people drop their prices to affordable levels.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
0 -
If they aren't even looking then its overpriced. You need to drop the price further to get people through the door.
Got a Rightmove link?poppy100 -
I am afraid i agree with poppy10. This happened in Florida to us with no-one coming looking and we dropped our price and got a buyer within days. If you really need to sell then i would look at dropping your price as much as you can afford.0
-
If you want to sell... price it to sell thats the key....in this market people are looking at not getting burnt. i would want "20% off to even think about going further than looking..sorry i am lying i just refuse to buy now as i know next two years i will be getting a hell of a reduction on todays prices...It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
If you can, just sit back and wait, you have made the reduction to come within the next tax band down.
Good luck0 -
This probably isn't what you want to hear but we were in a similar position so reduced to under the £250k threashold despite property valuations much higher but it hasn't even increased any interest. We even offered to pay stamp duty costs at 1% as well.
I think things are still selling but at the right price.
Clearly, we need to reduce further but in order to do that we'd owe more than what we paid for it so we have taken it off the market and will wait and see what hapens in 18 months time.0 -
Take off 30k off the asking price then it will sell... maybe you will 'lose' some money... but its not money till its sold is it?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards