UK housing market
Oct 27th 2004, 8:36 am
#31
Joined: Apr 2004
Location: High up in Joondalup.
Posts: 4,228
Re: UK housing market
Originally Posted by lauralollipop
surely if people keep saying house market will crash then people will stop buying and they will crash???? 
So i am gonna start the rumour now that they are gonna rise again, so better get on the ladder now while you can peps!!!!!!!
Spread the word folks LOL
laura
So i am gonna start the rumour now that they are gonna rise again, so better get on the ladder now while you can peps!!!!!!!
Spread the word folks LOL
laura
keep spreading the word no house crash here
Oct 27th 2004, 9:31 am
#32
Banned
Thread Starter
Joined: Aug 2002
Posts: 7,613
Re: UK housing market
Originally Posted by kelli28
laura its reached up here i'v got a offer on my house and it's not even for sale yet!!
keep spreading the word no house crash here
keep spreading the word no house crash here
Already too late for those in the south of England.
Oct 27th 2004, 11:10 am
#33
Banned
Thread Starter
Joined: Aug 2002
Posts: 7,613
Re: UK housing market
Originally Posted by MikeStanton
The only bubble that seems to exist on this site is the ever-increasing number of threads that you begin on the 'UK housing bubble'. Is there really so little for you to do in Austria?
Some humble advice - get a life.
Some humble advice - get a life.
Of course, I could be wrong about the UK housing mkt. But everything tells me I'm right this time.
Oct 27th 2004, 2:56 pm
#34
surfer chic from Teesside
Joined: Mar 2004
Location: Halls head, WA
Posts: 1,431
Re: UK housing market
Originally Posted by kelli28
laura its reached up here i'v got a offer on my house and it's not even for sale yet!!
keep spreading the word no house crash here
keep spreading the word no house crash here
hi
glad to be of help, did i tell you i have the biggest gob in teesside?
Where are you?
Seriously, I put my house on the market back in August, cos i hate my neighbours. Thought it would sell straight away for top wack, like all the others had been, and i was set to make a lot of profit. So my plan was to buy a cheeper smaller house for cash and not have a mortgage for when i went to Auz......
But it just didnt sell, i had veiwing every day, i was fed up of tidying up and estate agents ringing me, no offers, then on the day i decdied to take it down and save myself the hassle, a women offered me 112,500 when it was up for 119,950 so i told her to go and stick it, where the sun dont shine.....(she had previously offered me 105,000 at first, cheeky thing) Now i am thinking should i have taken it.....
laura
x
Oct 27th 2004, 3:00 pm
#35
surfer chic from Teesside
Joined: Mar 2004
Location: Halls head, WA
Posts: 1,431
Re: UK housing market
Originally Posted by lauralollipop
hi
glad to be of help, did i tell you i have the biggest gob in teesside?
Where are you?
Seriously, I put my house on the market back in August, cos i hate my neighbours. Thought it would sell straight away for top wack, like all the others had been, and i was set to make a lot of profit. So my plan was to buy a cheeper smaller house for cash and not have a mortgage for when i went to Auz......
But it just didnt sell, i had veiwing every day, i was fed up of tidying up and estate agents ringing me, no offers, then on the day i decdied to take it down and save myself the hassle, a women offered me 112,500 when it was up for 119,950 so i told her to go and stick it, where the sun dont shine.....(she had previously offered me 105,000 at first, cheeky thing) Now i am thinking should i have taken it.....
laura
x
glad to be of help, did i tell you i have the biggest gob in teesside?
Where are you?
Seriously, I put my house on the market back in August, cos i hate my neighbours. Thought it would sell straight away for top wack, like all the others had been, and i was set to make a lot of profit. So my plan was to buy a cheeper smaller house for cash and not have a mortgage for when i went to Auz......
But it just didnt sell, i had veiwing every day, i was fed up of tidying up and estate agents ringing me, no offers, then on the day i decdied to take it down and save myself the hassle, a women offered me 112,500 when it was up for 119,950 so i told her to go and stick it, where the sun dont shine.....(she had previously offered me 105,000 at first, cheeky thing) Now i am thinking should i have taken it.....
laura
x
Oh by the way the reason i told her to stick it was coz we couldnt afford anything else cheeper as there wasnt anything cheeper, and it was gonna cost £5000, just to move, so it all seemed like a pretty pointless excersise, even renting was twice the monthly amount of my mortgage payments.........NIGHTMARE!
Now i am holding out to sell and just flit off with the cold hard cash£££$$$$$ ching,ching
Oct 27th 2004, 4:12 pm
#36
BE Forum Addict
Joined: Oct 2003
Location: Coogee, Sydney
Posts: 1,017
Re: UK housing market
The number of buyers have declined significantly in London, compared to the same period last year, and the number of properties is increasing all the time. Only way to sell is to lower prices - we lopped 10% of ours to find a buyer.
This is not the same as a crash, I can't see where the push will come for that to happen especially with 2005 being an election year. Rather a few years of zero price growth and some softening in frothy areas of the country.
Just my opinion. Sticking proceeds from ours in the bank for now
This is not the same as a crash, I can't see where the push will come for that to happen especially with 2005 being an election year. Rather a few years of zero price growth and some softening in frothy areas of the country.
Just my opinion. Sticking proceeds from ours in the bank for now
Oct 27th 2004, 8:50 pm
#37
BE Enthusiast
Joined: Aug 2003
Location: Brentwood, Essex but Adelaide bound
Posts: 397
Re: UK housing market
Still just tumbleweed blowing about down here....
Five viewers in as many weeks (includes one revisit).
No offers.
Price dropped £6k. Still no offers. Everyone who's been loves the house - but no offers (not even cheeky ones).
should i put it on ebay???!!!
Five viewers in as many weeks (includes one revisit).
No offers.
Price dropped £6k. Still no offers. Everyone who's been loves the house - but no offers (not even cheeky ones).
should i put it on ebay???!!!
Oct 27th 2004, 10:56 pm
#38
Joined: Apr 2004
Location: High up in Joondalup.
Posts: 4,228
Re: UK housing market
im sorry to hear about your houses i know how fustrating it can be a few year ago we tried to sell our first house we only had 2 viewings in 10 months and no offers took it off the market 1 yr later changed agents and got 5 offers in 5 days so keep your chins up guys and i'll cross everything for you
Oct 27th 2004, 11:26 pm
#39
Forum Regular
Joined: Oct 2004
Location: PERTH WOOOHOOO !!! EVENTUALLY
Posts: 138
Re: UK housing market
Originally Posted by kelli28
im sorry to hear about your houses i know how fustrating it can be a few year ago we tried to sell our first house we only had 2 viewings in 10 months and no offers took it off the market 1 yr later changed agents and got 5 offers in 5 days so keep your chins up guys and i'll cross everything for you
The estate agent told him that 6 months ago they had 4 buyers for every house on their books. Now they have 4 houses for every buyer.............
The market has boomed in Liverpool over the last 2 years, but the last 6 months has been shite, but the prices are not really dropping, they are just not going up as fast as they were.
We are just building an extension because we cant afford to move to a bigger house.
Just hope that the market does pick up when we decide to go to Oz, so we can get a quick sale and a good price
Oct 27th 2004, 11:42 pm
#40
Account Closed
Joined: Oct 2004
Posts: 324
Re: UK housing market
Originally Posted by lauralollipop
hi
glad to be of help, did i tell you i have the biggest gob in teesside?
Where are you?
Seriously, I put my house on the market back in August, cos i hate my neighbours. Thought it would sell straight away for top wack, like all the others had been, and i was set to make a lot of profit. So my plan was to buy a cheeper smaller house for cash and not have a mortgage for when i went to Auz......
But it just didnt sell, i had veiwing every day, i was fed up of tidying up and estate agents ringing me, no offers, then on the day i decdied to take it down and save myself the hassle, a women offered me 112,500 when it was up for 119,950 so i told her to go and stick it, where the sun dont shine.....(she had previously offered me 105,000 at first, cheeky thing) Now i am thinking should i have taken it.....
laura
x
glad to be of help, did i tell you i have the biggest gob in teesside?
Where are you?
Seriously, I put my house on the market back in August, cos i hate my neighbours. Thought it would sell straight away for top wack, like all the others had been, and i was set to make a lot of profit. So my plan was to buy a cheeper smaller house for cash and not have a mortgage for when i went to Auz......
But it just didnt sell, i had veiwing every day, i was fed up of tidying up and estate agents ringing me, no offers, then on the day i decdied to take it down and save myself the hassle, a women offered me 112,500 when it was up for 119,950 so i told her to go and stick it, where the sun dont shine.....(she had previously offered me 105,000 at first, cheeky thing) Now i am thinking should i have taken it.....
laura
x
Good luck!
Oct 28th 2004, 7:20 am
#41
BE Forum Addict
Joined: Jan 2004
Location: Far away from canned Oz
Posts: 1,833
Re: UK housing market
Originally Posted by Don
I consider I am offering an impartial service - ie impartial advice on the UK housing mkt from someone who follows what's happening to it quite religiously... But everything tells me I'm right this time.
As you follow the market so religiously, you will no doubt be aware of the very latest market report with the author commenting "Anybody who believes that they know the outcome of the current market is deluding themself".
No doubt you also believe you are Napoleon.
In terms of market activity, Oz is ~6-9 months ahead of the UK. The market in Oz is yet to crash, and it has worse fundamentals than the UK. Now, there are no guarantees, but that indicates to me that a UK crash isn't likely.
One thing is certain, the UK market has entered a 'wait and see' phase. This is just the time when people shouldn't sell - as buyers will seek substantial discounts to compensate them for the market uncertainty.
Oct 28th 2004, 7:51 am
#42
Banned
Joined: Jul 2003
Posts: 1,048
Re: UK housing market
Mortgagees of Straw
Straw in the wind:
October 28, 2004
"COURT actions to repossess homes have leapt to the highest for four years as over-stretched property owners struggle to cope with increased mortgage rates."
More owners lose their homes as rate rises bite
Straw in the wind:
October 28, 2004
"COURT actions to repossess homes have leapt to the highest for four years as over-stretched property owners struggle to cope with increased mortgage rates."
More owners lose their homes as rate rises bite
Oct 28th 2004, 10:27 am
#43
Loving it in Bundy
Joined: Sep 2003
Location: Bundaberg, Australia
Posts: 1,775
Re: UK housing market
Originally Posted by MikeStanton
You sound like a typical religious zealot. High on belief and low on evidence. And like all religious zealots, you are partial to creating a bit of panic - your own version of 'the end is nigh'. Sit down and take a Valium.
As you follow the market so religiously, you will no doubt be aware of the very latest market report with the author commenting "Anybody who believes that they know the outcome of the current market is deluding themself".
No doubt you also believe you are Napoleon.
In terms of market activity, Oz is ~6-9 months ahead of the UK. The market in Oz is yet to crash, and it has worse fundamentals than the UK. Now, there are no guarantees, but that indicates to me that a UK crash isn't likely.
One thing is certain, the UK market has entered a 'wait and see' phase. This is just the time when people shouldn't sell - as buyers will seek substantial discounts to compensate them for the market uncertainty.
As you follow the market so religiously, you will no doubt be aware of the very latest market report with the author commenting "Anybody who believes that they know the outcome of the current market is deluding themself".
No doubt you also believe you are Napoleon.
In terms of market activity, Oz is ~6-9 months ahead of the UK. The market in Oz is yet to crash, and it has worse fundamentals than the UK. Now, there are no guarantees, but that indicates to me that a UK crash isn't likely.
One thing is certain, the UK market has entered a 'wait and see' phase. This is just the time when people shouldn't sell - as buyers will seek substantial discounts to compensate them for the market uncertainty.
Hi Mike,
I agree with you on the Uk market entering a 'wait and see' phase. Apparently Mortgage Day is at the end of October, which is when all the big lenders along with the FSA (Ithink that's what my dad called it) are having a big shake up. Even my dad who depends on mortgage conversions is telling people to hang fire until they know what is happening. He thinks things will get better after 3rd or 4th November. So fingers crossed for all who is trying to sell that things will pick up soon.
Sarah
Oct 28th 2004, 10:36 am
#44
A Bored of waiting member
Joined: May 2003
Location: Take Off 4th Feb .....
Posts: 535
Re: UK housing market
Originally Posted by MikeStanton
You sound like a typical religious zealot. High on belief and low on evidence. And like all religious zealots, you are partial to creating a bit of panic - your own version of 'the end is nigh'. Sit down and take a Valium.
As you follow the market so religiously, you will no doubt be aware of the very latest market report with the author commenting "Anybody who believes that they know the outcome of the current market is deluding themself".
No doubt you also believe you are Napoleon.
In terms of market activity, Oz is ~6-9 months ahead of the UK. The market in Oz is yet to crash, and it has worse fundamentals than the UK. Now, there are no guarantees, but that indicates to me that a UK crash isn't likely.
One thing is certain, the UK market has entered a 'wait and see' phase. This is just the time when people shouldn't sell - as buyers will seek substantial discounts to compensate them for the market uncertainty.
As you follow the market so religiously, you will no doubt be aware of the very latest market report with the author commenting "Anybody who believes that they know the outcome of the current market is deluding themself".
No doubt you also believe you are Napoleon.
In terms of market activity, Oz is ~6-9 months ahead of the UK. The market in Oz is yet to crash, and it has worse fundamentals than the UK. Now, there are no guarantees, but that indicates to me that a UK crash isn't likely.
One thing is certain, the UK market has entered a 'wait and see' phase. This is just the time when people shouldn't sell - as buyers will seek substantial discounts to compensate them for the market uncertainty.
Funny though Mike
I have been told by a very reliable source in WA that housing at the moment is very stagnated and he is expecting a down turn of some sort next year ...
I don't want to name him but he is a family friend and quite a big real estate agent in northern perth ...
Just putting my two pennies worth in ...
Oct 28th 2004, 10:38 am
#45
Banned
Thread Starter
Joined: Aug 2002
Posts: 7,613
Re: UK housing market
Originally Posted by MikeStanton
You sound like a typical religious zealot. High on belief and low on evidence. And like all religious zealots, you are partial to creating a bit of panic - your own version of 'the end is nigh'. Sit down and take a Valium.
As you follow the market so religiously, you will no doubt be aware of the very latest market report with the author commenting "Anybody who believes that they know the outcome of the current market is deluding themself".
No doubt you also believe you are Napoleon.
In terms of market activity, Oz is ~6-9 months ahead of the UK. The market in Oz is yet to crash, and it has worse fundamentals than the UK. Now, there are no guarantees, but that indicates to me that a UK crash isn't likely.
One thing is certain, the UK market has entered a 'wait and see' phase. This is just the time when people shouldn't sell - as buyers will seek substantial discounts to compensate them for the market uncertainty.
As you follow the market so religiously, you will no doubt be aware of the very latest market report with the author commenting "Anybody who believes that they know the outcome of the current market is deluding themself".
No doubt you also believe you are Napoleon.
In terms of market activity, Oz is ~6-9 months ahead of the UK. The market in Oz is yet to crash, and it has worse fundamentals than the UK. Now, there are no guarantees, but that indicates to me that a UK crash isn't likely.
One thing is certain, the UK market has entered a 'wait and see' phase. This is just the time when people shouldn't sell - as buyers will seek substantial discounts to compensate them for the market uncertainty.