eugene43

What Part of UK ? Here in south west newbury property is going up infact up to the same level as before reccession. House near me sold a few days ago with no sell board out side sold in 5 weeks (3 bed £249,000) & these are ex council houses.

rahrah

Wow - must be the good old North/South divide again!! In my town house prices are still in the boots - 3 bed detached going for 150k! and still they are not selling
I think I might raffle mine.........!

Alfresco

House around the corner from us recently for for £400k.

Prices in Surrey are certainly not dropping like stones.

Hopefully ours will sell soon.

rahrah

Hi Michelle,
So sorry to hear you are having such an awful time - this housing market is truly a nightmare! But thanks so much for sharing your story with us - being in a posistion in the UK where I am so tempted to leave house unsold, your tale gives me a word of caution!
Good luck with everything and hope you find a way (or a buyer) to resolve your dilemma.

Lymm Mover

Ours is in the north, 3 Bed Semi for £345,000 now we have reduced it to £320,000 and no viewers since we reduced, we had loads before.
Yes we thought of raffling, £100 per ticket, but then I read all the horror stories. We are at a loss on what to do now as we cannot go any lower as we need the equity (the bit that is left).

JAK

We are in the north too, a four bed detached bungalow for £275,000. We haven't had a viewing for several months now and the EA is wanting us to reduce. We are holding off doing this for now, several properties around us have reduced and have still not sold.

Lymm Mover

Where in Doncaster are you from? I used to live there

JAK

Sprotbrough, whereabouts did you live?

Lymm Mover

Armthorpe, my parents still live there, but I only manage to visit 1 or 2 times a year now

freebo

Just to add some balance, its not all grim up North. Ours (about halfway between Newcastle and Carlisle) sold to the first couple who viewed it for £400k+ we completed within 10 weeks of going on the market.

We're now happily renting in Sydney, if you ever saw a market primed to crash, its this one!

IMHO

jayne3411

hi michelleh

surely you could carry on renting? You don't have to buy surely. Those are good wages and you should think before throwing it all in

Rent your UK home out and wait for it to sell and then buy in Oz, Seems such a waste to give it all up.

mark213

My parents "buyer" is turning out to be a pain in the arse.

- First wanted 20k off and they wanted a really quick completion and literally 6 hours to agree to their offer - this was back in Jan!

-Then 4 weeks later they pulled out saying that their buyer had pulled - ok fine move on

-Then about 6 weeks later they came back saying could they have it again.

-Then about 3 weeks ago wanted a whole load of things included in the sale when the chattels list came out.

-Then 2 weeks ago sent their father round who "happens" to be a building surveyor who said that a couple of the facia boards are rotten - but we have never noticed!

-Now they want to the facia boards replaced - they said they will go halves

And we havent even exchanged.


I am so close to loosing it (for my parents behalf!) The want to be out here in August - their first grandchild is due in Sep! Now with all these delays they arent sure.

And its just one issue after another with this lot. As you all know moving is stressful, trying to coordinate a piss-farting around buyer at the same time is not helpful!

freebo

Often in negotiations like this if you give an inch, you're expected to give a foot, then a yard. When my mum sold, a few days before exchange the buyer wanted to drop the price by a few grand. I told the E/A to refuse and re-advertise the house, they exchanged at the agreed price on time, that was in a stronger market though, still stressed my 80 year old mum out.

michelleh

Hi, thanks so much for your reply.... the only reason I posted (1st post) was agzacally to give a word of caution... we too before we came out could think of nothing else..we had put so much into it that no matter what anybody told us we just felt we owed it to ourselves to give it a go (although alarm bells were ringing with not being able to sell the house even at a reduced price)... saying that we are still glad we did come out here because we had to know in our hearts and minds!! that it was doable or not... I guess it all depends how much money you will bring over...we basically arrived with $20,000 which got us a car,furniture etc. We have been renting at $4oo a week for a basic 4 bed to try and put as much money aside as possible.... For your interest use www.realestate.com.au as a rental/buying search, this site has all the estate agents in Australia on and you can search all states and areas...also use www.aussiehomeloans.com.au as you can use the calculators to estimate how much you can borrow and the repayments (but dont forget you will need at least a 20% deposit to buy) you alos need to pay a bond on rental which is normally 4weeks rent, this is shown on the site though...will just give you a bit more information which will hopefully prove poitive for you ...we actually have rented our house out back in UK , we used our estate agent who tried to sell for us, we just have to pay them 10% of the monthly rental...this has proved very worthwhile as we had problems with electrical wiring when we first arrived and it was such peace of mind having the estate agent do all the leg work and just let us know how much it was going to cost!!... well I sincerely hope things work out for you..if you have any questions please do not hesitate and I will do my best to answer them for you

carolinehumbugs

Hi Julie had the same with are sale took 8 month and was pulling my hair out
keep it together it will happen we reduce are house 3 times.