House Prices Now At 2004 Levels
06 April 2009, 10:15 AM
#722
Scooby Regular
Join Date: Jul 2002
Location: Surrey/London borders.
Posts: 8,300
Likes: 0
Received 0 Likes
on
0 Posts
Looks like valuers are helping push prices down to a realistic level too 
BBC NEWS | Programmes | Moneybox | Buyers blocked by low valuations
BBC NEWS | Programmes | Moneybox | Buyers blocked by low valuations
06 April 2009, 06:25 PM
#723
Scooby Regular
Join Date: Oct 2003
Location: Runway two seven right.
Posts: 6,652
Likes: 0
Received 0 Likes
on
0 Posts
06 April 2009, 07:15 PM
#724
Scooby Regular
Thread Starter
Join Date: Jun 2008
Posts: 5,559
Likes: 0
Received 0 Likes
on
0 Posts
I also noticed that Valuations are coming in at less that the agreed price ..... thats not to say it is a low valuation, maybe just an accurate valuation which appears low to the disillusioned seller?
07 April 2009, 01:22 PM
#726
Scooby Regular
Thread Starter
Join Date: Jun 2008
Posts: 5,559
Likes: 0
Received 0 Likes
on
0 Posts
Sir Stelios Haji-Ioannou, the founder of easyJet, is calling the bottom of the property market.
House prices: Is it time to go back into property? - Telegraph
House prices: Is it time to go back into property? - Telegraph
07 April 2009, 01:53 PM
#728
Guest
Posts: n/a
Sir Stelios Haji-Ioannou, the founder of easyJet, is calling the bottom of the property market.
House prices: Is it time to go back into property? - Telegraph
House prices: Is it time to go back into property? - Telegraph
07 April 2009, 02:05 PM
#730
Guest
Posts: n/a
Everything Stelios has done other than Easyjet has failed.
And the fact that he started off as a multi-millionaire born into a huge family empire helped him a bit too
It'd be hard to name a less worthy person when trying to lay the smack down on the financial markets
And the fact that he started off as a multi-millionaire born into a huge family empire helped him a bit too
It'd be hard to name a less worthy person when trying to lay the smack down on the financial markets
07 April 2009, 07:26 PM
#732
Scooby Regular
Join Date: Jan 2001
Posts: 5,582
Likes: 0
Received 0 Likes
on
0 Posts
08 April 2009, 06:07 PM
#734
Scooby Regular
Join Date: Sep 2007
Location: Essex scooby less crew :(
Posts: 1,095
Likes: 0
Received 0 Likes
on
0 Posts
Finally got my mortgage sorted out so me and the girlfriend have just exchanged contracts on a brand new 2 bedroom flat 
Got a great deal in the end as well
Got a great deal in the end as well
08 April 2009, 06:19 PM
#735
Scooby Regular
Join Date: Oct 2003
Location: Runway two seven right.
Posts: 6,652
Likes: 0
Received 0 Likes
on
0 Posts
08 April 2009, 07:53 PM
#736
08 April 2009, 08:06 PM
#737
Scooby Regular
Join Date: Oct 2003
Location: Runway two seven right.
Posts: 6,652
Likes: 0
Received 0 Likes
on
0 Posts
Whilst I think, quite rightly IMHO, that property is stupidly priced, anyone who buys a home they like, at a price they're happy to pay, has done well in my book.
08 April 2009, 09:02 PM
#738
Scooby Regular
Thread Starter
Join Date: Jun 2008
Posts: 5,559
Likes: 0
Received 0 Likes
on
0 Posts
A house should be a home, if that is the purpose for which it has been bought.
For those looking for some capital gain, however, things are a little different ..... hitting the bottom of the market is the goal, is it at the bottom? no-one really knows!
For those looking for some capital gain, however, things are a little different ..... hitting the bottom of the market is the goal, is it at the bottom? no-one really knows!
08 April 2009, 09:19 PM
#739
Scooby Regular
Just bought my first home at an absolute bargain price. Chuffed to bits with it and it's my home, not an investment !
08 April 2009, 09:23 PM
#740
Not saying I disagree with you ,just saying he has done well if hes happy with the price ,the property etc.For him that should be all that matters .Which is what your saying .
I think .
08 April 2009, 09:24 PM
#741
Scooby Regular
Join Date: Jul 2002
Location: Surrey/London borders.
Posts: 8,300
Likes: 0
Received 0 Likes
on
0 Posts
I'm looking for my next home.
A 10 year + place. I still won't pay an inflated price.
I've been putting the agents through their paces today and they're all saying I won't get the house I want in the area I want with my budget.
I like a challenge and will rent until I win!
A 10 year + place. I still won't pay an inflated price.
I've been putting the agents through their paces today and they're all saying I won't get the house I want in the area I want with my budget.
I like a challenge and will rent until I win!
08 April 2009, 09:26 PM
#742
08 April 2009, 09:29 PM
#743
Scooby Regular
Thread Starter
Join Date: Jun 2008
Posts: 5,559
Likes: 0
Received 0 Likes
on
0 Posts
Flats and Apartments 'look' like bargains at the moment ... that's just because very few people will consider them.
In such a transparent market it is hard to land a bargain ... the only way would be to buy privately at well below market price.
08 April 2009, 09:35 PM
#744
Scooby Regular
Join Date: Jul 2002
Location: Surrey/London borders.
Posts: 8,300
Likes: 0
Received 0 Likes
on
0 Posts
I'm very pleased about that - I have been hunting for a second property for 9 months now - I have yet to see a 'Bargain' ....... simply a few 'well priced' properties.
Flats and Apartments 'look' like bargains at the moment ... that's just because very few people will consider them.
In such a transparent market it is hard to land a bargain ... the only way would be to buy privately at well below market price.
Flats and Apartments 'look' like bargains at the moment ... that's just because very few people will consider them.
In such a transparent market it is hard to land a bargain ... the only way would be to buy privately at well below market price.
Haven't you been doing the auction rounds?
08 April 2009, 09:39 PM
#745
Scooby Regular
Thread Starter
Join Date: Jun 2008
Posts: 5,559
Likes: 0
Received 0 Likes
on
0 Posts
08 April 2009, 10:01 PM
#746
Scooby Regular
Join Date: Jul 2002
Location: Surrey/London borders.
Posts: 8,300
Likes: 0
Received 0 Likes
on
0 Posts
Lots of last minute repsossessions going at auction. They never got on the open market to be snapped up.
09 April 2009, 01:59 PM
#747
Scooby Regular
Join Date: Jan 2001
Posts: 5,582
Likes: 0
Received 0 Likes
on
0 Posts
Prime property needs to be disposed of quickly aswell for many reasons.
09 April 2009, 06:41 PM
#749
Scooby Regular
Thread Starter
Join Date: Jun 2008
Posts: 5,559
Likes: 0
Received 0 Likes
on
0 Posts
I have bought a property (over 20 years ago now) which I thought was a bargain as I knocked the price low and ignored the gut feeling which yelled DON'T BUY!!! ...................... result? hated the place from day one, took 8 years to get out of it!
Bought other properties where I had to beat others to buy and they have been the best places I have owned .... and, been the ones which have a queue to buy when I sold (to a point where you go to sealed bids).
Been buying and selling since way back and the rule has held true on every single occassion ... buy what others want, but beat them to it.