Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • RedRuby
    • By RedRuby 10th May 18, 2:28 PM
    • 98Posts
    • 70Thanks
    RedRuby
    Why aren't properties advertised with all the key facts?
    • #1
    • 10th May 18, 2:28 PM
    Why aren't properties advertised with all the key facts? 10th May 18 at 2:28 PM
    After coming off of a sale falling through, I'm tentatively dipping my toe in the market again.

    This time I'm much more wary when looking at properties online and its really annoying me that a lot of properties are marketed without the relevant facts displayed.

    I think it should be mandatory for marketed properties to display

    If they are freehold or leasehold

    If leasehold, how long the lease is and the number of years remaining.

    How much the service charges are

    How much the ground rent is

    Council tax band

    A floorplan with detailed measurements

    What floor the property is on

    The number of ads I've seen where this basic information isn't listed or they are awaiting this information is ridiculous. It just makes it easier all round if this information is displayed prominently so I can assess if it is suitable.
Page 2
    • dunroving
    • By dunroving 10th May 18, 4:48 PM
    • 1,264 Posts
    • 880 Thanks
    dunroving
    What're "square feet", grandad?
    Originally posted by AdrianC
    Square metres x 10. [approx.]
    (Nearly) dunroving
    • NaughtiusMaximus
    • By NaughtiusMaximus 10th May 18, 4:48 PM
    • 798 Posts
    • 1,910 Thanks
    NaughtiusMaximus
    No mate, the only logical conclusion is that you're completely unaware of the principle of caveat emptor.
    Originally posted by ReadingTim
    I am fully aware of it 'mate'.

    The concept of buyer beware also applies to buying services, such as paying an EA to market the most valuable asset I own. When I sell a property I'm inclined to avoid those EAs who routinely produce shoddy, unprofessional listings which don't convey the basic information a potential buyer would be interested in.
    • Quizzical Squirrel
    • By Quizzical Squirrel 10th May 18, 5:38 PM
    • 222 Posts
    • 4,724 Thanks
    Quizzical Squirrel
    What're "square feet", grandad?
    Originally posted by AdrianC
    Sorry, my current country uses imperial units. I usually remember to switch to UK equivalent terms but forgot this time!
    • dunroving
    • By dunroving 10th May 18, 5:46 PM
    • 1,264 Posts
    • 880 Thanks
    dunroving
    Sorry, my current country uses imperial units. I usually remember to switch to UK equivalent terms but forgot this time!
    Originally posted by Quizzical Squirrel
    I still use imperial units after 25 years in the States. Fahrenheit, pounds, feet and inches, etc. I figure it helps others to exercise their mental agility.
    (Nearly) dunroving
    • Quizzical Squirrel
    • By Quizzical Squirrel 10th May 18, 6:14 PM
    • 222 Posts
    • 4,724 Thanks
    Quizzical Squirrel
    I still use imperial units after 25 years in the States. Fahrenheit, pounds, feet and inches, etc. I figure it helps others to exercise their mental agility.
    Originally posted by dunroving
    I think they just think we're old!

    I've never really fully got either system.

    When i started school at the beginning of the 70s we were taught metric but outside school, no-one seemed to know what it was. I didn't understand why my mum didn't know what a centimetre was because there seemed to be a lot of them at school.
    Somewhere around this point sixpences turned into 2.5p which further confused me when paying at the ice cream van.

    Then someone at Educational HQ decided we should all be taught imperial because no-one knew what the heck we kids were talking about and future employers wouldn't care about our centimetres. We got the full thing: poles, chains, furlongs etc but by then everyone else had given them up and the whole thing was just baffling to me.

    Then we had the whole centigrade thing. My weight was still in stones and my feet were still size 4.5

    Then i moved to Japan, where house/room sizes were measured in tatami mats. My weight was now in kilograms and my feet were size 23.5

    Then I moved to the US and we're back to farenheit and inches which is good because they can't spell metres properly. My weight is now in pounds and my feet are size 7.

    At some point you guys in the UK changed from centigrade to celsius and my feet are apparently now size 37.5 and i have no idea what's going on.

    I just don't know what things are and how they're spelled anymore.
    • moneyistooshorttomention
    • By moneyistooshorttomention 10th May 18, 6:21 PM
    • 16,145 Posts
    • 44,449 Thanks
    moneyistooshorttomention
    Square metres x 10. [approx.]
    Originally posted by dunroving
    I wondered what on earth that comment was about. People are entitled to operate in whichever set of measurements they wish.

    Me - I operate in feet and there is a very handy "gadget" online (ie google "online calculator" and I've not bothered to buy a new calculator now that I've discovered that one).

    Though I'll admit my main use for that "gadget" tends to be when someone describes the weight of someone in kilogrammes. At which point - out comes the calculator and I convert to lbs, then divide the lbs by 14 and think "Oh yes they are, for instance 11-12 stones and will be describing themselves as size 14 - but are actually size 18 (ie if clothes weren't all vanity-sized these days). Gotcha now - I know what the article means".
    Last edited by moneyistooshorttomention; 10-05-2018 at 6:28 PM.
    No (Brexit) deal = no big deal #shrugs and leave anyway

    These boots are made for walkin' and that's just what they'll do....
    • Quizzical Squirrel
    • By Quizzical Squirrel 10th May 18, 6:26 PM
    • 222 Posts
    • 4,724 Thanks
    Quizzical Squirrel
    I just ask Alexa.
    She knows where it's at with all these measurements. I just asked her about rods, chains and poles and she knows this stuff.
    She's way ahead of me.
    Smartarse! Or should that be smartass?
    • AdrianC
    • By AdrianC 10th May 18, 6:52 PM
    • 17,784 Posts
    • 16,111 Thanks
    AdrianC
    People are entitled to operate in whichever set of measurements they wish.
    Originally posted by moneyistooshorttomention
    ...and that's why this country is such a godawful half-cocked messed-up mixture when it comes to units.

    Apart from the UK, the entire world uses metric. Except one country.
    That one country uses units with the same name as "ours", but some of which are a different size. They use different non-metric units for other things.


    The UK's original 10yr programme to complete metrication came to the end of its time over 40 years ago - and here we still are... I can never remember whether it's 14 ounces in a pound and 16 pounds in a stone, or vice versa. And I really don't see why I should care, tbh, since they're both ridiculous divisions, and to have two inter-related units using similar-but-different divisions is utterly crazy.
    • dunroving
    • By dunroving 10th May 18, 6:54 PM
    • 1,264 Posts
    • 880 Thanks
    dunroving
    ...and that's why this country is such a godawful half-cocked messed-up mixture when it comes to units.

    Apart from the UK, the entire world uses metric. Except one country.
    That one country uses units with the same name as "ours", but some of which are a different size. They use different non-metric units for other things.


    The UK's original 10yr programme to complete metrication came to the end of its time over 40 years ago - and here we still are... I can never remember whether it's 14 ounces in a pound and 16 pounds in a stone, or vice versa. And I really don't see why I should care, tbh, since they're both ridiculous divisions, and to have two inter-related units using similar-but-different divisions is utterly crazy.
    Originally posted by AdrianC
    I think you will find the US uses imperial. They even still record their track and field records (sorry, athletics) in feet and inches. Living there since the 80s allowed me to stay in an imperial bubble, until I returned to the UK.
    (Nearly) dunroving
    • AdrianC
    • By AdrianC 10th May 18, 7:07 PM
    • 17,784 Posts
    • 16,111 Thanks
    AdrianC
    If you'd read on just three words after the bit you emboldened...
    • dunroving
    • By dunroving 10th May 18, 7:40 PM
    • 1,264 Posts
    • 880 Thanks
    dunroving
    I interpreted it as meaning the one country was the UK.
    (Nearly) dunroving
    • EachPenny
    • By EachPenny 10th May 18, 8:25 PM
    • 5,704 Posts
    • 15,135 Thanks
    EachPenny
    The concept of buyer beware also applies to buying services, such as paying an EA to market the most valuable asset I own. When I sell a property I'm inclined to avoid those EAs who routinely produce shoddy, unprofessional listings which don't convey the basic information a potential buyer would be interested in.
    Originally posted by NaughtiusMaximus
    In which case you are utilising your free market right to spend more money purchasing a higher quality product. Will you get a better return on the money you spend? Who knows. Your purchaser might not care a jot about glossy EA presentations and only be interested in the price and getting their own surveys done.

    Forcing everyone to get a grade A+++ EA service will result in people having to pay more, without any gain for them.
    "In the future, everyone will be rich for 15 minutes"
    • kylej64
    • By kylej64 10th May 18, 8:51 PM
    • 13 Posts
    • 17 Thanks
    kylej64
    I have recently accepted an offer on my flat.

    I made sure they used floor plans, stated it was leasehold and stated what floor it was on.

    While not on the add I told them (and they noted down) the remaining length of least as well as ground rent and maintenance fees so they could answer the obvious questions that would arise (though forgot to mention the council tax band or I would have mentioned that too). I always intended to tell them that but they asked first . That confirmed to me that I had chosen the right EA. Seems easier to me to put a few people off if it gets you an easier sale.
    • HampshireH
    • By HampshireH 10th May 18, 8:55 PM
    • 758 Posts
    • 818 Thanks
    HampshireH
    We went to look at a property about 6 weeks ago - we did a drive by ahead of booking a viewing.

    Beautiful end terrace with big garden, freehold, 2 parking spaces but room to make a 3rd. In a very rural area. Advert on Rightmove suggested room to extend - I spoke to the agent etc and agreed to call back on the Tuesday to book a viewing (it was easter weekend and I called on the Saturday as it went on on the Friday)

    On the Tuesday the price dropped from 250,000 to 185,000 suddenly had an open day for the following Saturday and was shared ownership with a 74 % share - the other 26% owned by the Parish Council. It was advertised as a "Reduced Today" property.

    It needed work - windows/doors/some attention to the roof/ heating system. The PC would have had to contribute towards those things, i expect and there would have been no chance to own 100% or buy the freehold (Parish councils keep their properties when they are built in conjunction with them)

    The advert (even when updated) failed to say that it has a S106 on it that applicants had to have a local connection. It is currently still missing from the Rightmove advert. We found out via another advert on English Rural who are also advertising it.

    Complete farce of an advert. Very lucky we didn't both with the official viewing as we could quite easily have pictured living there.
    • Thrugelmir
    • By Thrugelmir 10th May 18, 9:04 PM
    • 59,226 Posts
    • 52,612 Thanks
    Thrugelmir
    It is frustrating that basic information such as a floor plan aren't provided.
    Originally posted by dunroving
    Often an extra that the vendor pays for.
    Financial disasters happen when the last person who can remember what went wrong last time has left the building.
    • AdrianC
    • By AdrianC 10th May 18, 9:40 PM
    • 17,784 Posts
    • 16,111 Thanks
    AdrianC
    I interpreted it as meaning the one country was the UK.
    Originally posted by dunroving
    "Apart from the UK, the entire world uses metric. Except one country."
    • ScorpiondeRooftrouser
    • By ScorpiondeRooftrouser 10th May 18, 9:46 PM
    • 2,644 Posts
    • 4,174 Thanks
    ScorpiondeRooftrouser
    Why stop there? I think the government should pass legislation controlling the minimum information that should be placed in any advert stuck up in a newsagent selling a child's bike. It's not like they have anything better to do. The police can then spend all their time reading them and arresting wrongdoers.

    (Home Information Packs are not a bad idea at all. But legislating about what appears in adverts? I mean, come on.)
    • NaughtiusMaximus
    • By NaughtiusMaximus 10th May 18, 9:46 PM
    • 798 Posts
    • 1,910 Thanks
    NaughtiusMaximus
    In which case you are utilising your free market right to spend more money purchasing a higher quality product. Will you get a better return on the money you spend? Who knows. Your purchaser might not care a jot about glossy EA presentations and only be interested in the price and getting their own surveys done.
    Originally posted by EachPenny
    Fair comment, it may not make any difference in the end, everyone is different. In my case if I see missing info in a house listing I assume the seller is hiding a negative point, eg no photo of the box room = damp problem, no measurements = rooms smaller than the look in the photos, no mention of freehold/leasehold status = leasehold etc etc but not everyone is as cynical as me. Conversely, based on numerous threads here there seem to be a lot of people who believe clutter will put off potential buyers but it doesn't make the slightest difference to me.

    Forcing everyone to get a grade A+++ EA service will result in people having to pay more, without any gain for them.
    Originally posted by EachPenny
    I don't think they should be forced to, if a seller thinks price is the only factor to consider in choosing an EA then good luck to them.
    • moneyistooshorttomention
    • By moneyistooshorttomention 11th May 18, 7:01 AM
    • 16,145 Posts
    • 44,449 Thanks
    moneyistooshorttomention
    Thinking of the shared ownership thing - and yes....I agree with the frustration on that front...

    The thing that gets me is that there is this recent scheme around whereby one gets all excited thinking "Maybe I can afford my sort of house after all" looking at the headline price of it - and then spots the small print that it's one of those whereby one would only be buying a lifetime interest in it - rather than owning it fully outright as per normal.

    It's not so much the fact of this type of scheme - as it may be a way some people could get to "own" a house they wouldnt otherwise be able to manage. But - people can't see what price they personally would be charged for the house. The small print tells you it's dependent on your personal circumstances. By that they mean your age (so the firm selling can guesstimate how much longer you'll live) and, even more to the point, I betcha these schemes charge women more for the house than a man of the same age would have to pay - and there's no mention of that little bit of discrimination (but I'd be willing to guarantee it's there at present).

    So - "the price you see is the price you pay" wouldn't actually be the case at all (quite over and above whether one would be able to do the standard "make a lower offer" thing). If they're going to do a scheme like that on a house - then they should have a table indicating what price one would pay at what agegroup. If there is sexual discrimination in there - then they should state that too and have a side indicating the higher price per age that a woman would have to pay for it.

    I'm always left looking at the stated price and thinking "How on earth am I even going to find out the figure a man guaranteed not to live beyond 90 would pay for that one then?" to know what it would be fair for "a person that has decided not to live beyond 90 (ie myself)" should pay for it?

    I am seriously looking forward to spotting an article in the press some time in the future where someone born a woman then turns round part-way through buying a house on one of these schemes and says "I self-identify as a man - and you should now lower your price to me on it" LOL if they do go in for sex discrimination (as I suspect). As someone that is fine about having been born a woman (but hates discrimination) - I'll be cheering that person on from the sidelines...
    Last edited by moneyistooshorttomention; 11-05-2018 at 7:11 AM.
    No (Brexit) deal = no big deal #shrugs and leave anyway

    These boots are made for walkin' and that's just what they'll do....
    • csgohan4
    • By csgohan4 11th May 18, 8:13 AM
    • 4,638 Posts
    • 2,898 Thanks
    csgohan4
    disagree with the OP on this one, the advert is only as good as what the vendor will pay for or provide info for.

    Never trust what the EA tells you, always get a cheap 3 LR title and see if it is leasehold,

    That is also what your paying your solicitor to do, to find any issues
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,522Posts Today

8,477Users online

Martin's Twitter