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!
Anyone Gazundered Today
andys15
Posts: 1,102 Forumite
In light of todays news from nationwide, who was on the phone to the EA this morning, indeed has anyone dropped there asking price?
Debt free. March 2020
Mortgage free-August 2021
Planned retirement date- 19/5/2026
£29500 saved. Target £420000(19/05/2026)
Mortgage free-August 2021
Planned retirement date- 19/5/2026
£29500 saved. Target £420000(19/05/2026)
0
Comments
-
probably a quite few, but keeping a low profile in case of the barrage of posts back to them!!0
-
In light of todays news from nationwide, who was on the phone to the EA this morning, indeed has anyone dropped there asking price?
I suspect, rather than reducing their offer, the effect may be to put people off the whole idea of moving and they may pull out.A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.0 -
I suspect, rather than reducing their offer, the effect may be to put people off the whole idea of moving and they may pull out.
Yes, that's my thought at the moment. Was just about the put an offer on but the house(s) interested haven't dropped any prices so playing the waiting game.
We can wait longer than them
0 -
The knock-on effect is that the market may actually stagnate further as people pull their houses in the belief that they can ride out the slump...It will be an interesting developmentStatistics are like a lampost to a drunken man...more for leaning on than for illumination
.0 -
The knock-on effect is that the market may actually stagnate further as people pull their houses in the belief that they can ride out the slump...It will be an interesting development
So will the buyers break first or will the sellers........I know which ones my money is on.
It is just history repeating itself.RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
Read the sticky on the House Buying, Renting & Selling board.0 -
In light of todays news from nationwide, who was on the phone to the EA this morning, indeed has anyone dropped there asking price?
I dropped mine on a flat yesterday. Paid 165 for it in 2002 - identical flats went for 210 in early 2007. Put it on the market at 159 in november. Nothing. Dropped it to 149 in Feb. Nothing.
Dropped to 144 yesterday....
City Centre apartments are a bell weather that leads the general market (they go up faster at the begnining of a bull run - remember all those off plan buyers making a killing in the early 2000s - and conversley they are just as extreme in the other direction) those of you who are wondering on the extremity of this 'correction' when it trickles accross the less fickle home market should work out some of the % swing on that flat! From 210 to less than 144 in a year! You can expect that kind of decline from peak in general housing over the next 2 years....0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards