First Time Pouncer (FTP)

wymondham

I think/hope we're seeing a new breed of first time buyer - The First Time Pouncer, who:

See's house prices are presently way too high
See's the downturn is occuring
See's Shared Ownerships for what they are
Avoid's being attracted to any new build 'offers'
Has decided to delay purchasing for the time being...
Has decided to rent in the meantime possibly (as cheaply as poss)
Has decided to save, using all usual means (ISA's etc..)
Has decided to repair any credit problems during this period
Reduce their debt, especially credit cards

When the time is right, and others are struggling they can jump in there (the pounce bit - did you see where it was going?! ) and pick up those bargains they could only dream about at present....

Bring them on ...!!
Sign up here guys!!!

brit1234

Ready like a coiled cobra.:D

fimonkey

I'm in!.. Members of this club should keep each other informed of when they're likley to bite. i've been sorely tempted by a house I saw recently, but think if I hold off there'll be more to choose from.

RichardDJ

Tis my plan..."As cunning as a fox who's just been appointed Professor of Cunning at Oxford University"

neas

Im a FTP ... waiting 2 years

badbobby

I'm trying to become a Second Time Pouncer (STP)! I think I might be a few weeks too late in listing though when my place hits the market next week... We will see.

SquatNow

fimonkey wrote: »

I'm in!.. Members of this club should keep each other informed of when they're likley to bite. i've been sorely tempted by a house I saw recently, but think if I hold off there'll be more to choose from.

If your thinking of pouncing now and buying, then you're all wrong for this club.

Inicdently, don't assume you'll be able to get a mortgage when the time comes to pounce. You'll need to pounce with cash.

Zelie

I'm a Pouncer.

I wavered slightly this week when I saw a beautiful house in a great location but fortunately (!) I couldn't quite afford the asking price. So I'm happily waiting, sorting out my credit score and stashing lots of spondoolicks for a deposit.

wymondham

Zelie wrote: »

I'm a Pouncer.

I wavered slightly this week when I saw a beautiful house in a great location but fortunately (!) I couldn't quite afford the asking price. So I'm happily waiting, sorting out my credit score and stashing lots of spondoolicks for a deposit.

phew, close shave... be strong and welcome to the dark side!

morg_monster

i'm a pouncer too. Was always the plan to buy this summer, but now just waiting, waiting, saving, propertybeeing, standing in front of estate agent windows and openly laughing (at the prices, not the EAs, well maybe a bit). etcetera.

but, if there are lots of us, once we all do pounce, will we be responsible for kick starting the housing market back into (price rising) gear again?!

badbobby

indeed - the market is dominated by people desperate not to miss the boat, whether it be avoiding falling prices or avoiding being priced out by rising prices. at the moment it's rubbish credit, household inflation and consumer panic driving it down. once each of those gradually improves people will try to "beat" the revival. once all 3 are sorted (and the last will be sorted by the first 2) we begin the merry-go-round.

So the FTP could start it all off once their nerve cracks!

Edit: foolish use of split infinitives.