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Colin

posted on 22nd Jun 08 at 18:04

quote:
Originally posted by John
Prices in Scotland are still going up though so none of that is much use to watson.


Id say were experiencing a slump in the market, properties are taking longer to sell, loads for sale, loads on a fixed price as no interest at o/o. Several sites have closed down production as their not selling.

Its trying times to say the least, great position if your a 1st time buyer with a bit of cash behind you & tick all the boxes to get a mortgage, however if your looking to sell its very worrying indeed. Think im going to wait a year before doing anything drastic, plenty good deals about.....but would mine sell without having to take a hit!!!?


mattk

posted on 22nd Jun 08 at 17:34

ENGLAND FTW !!!!!11!!!1


John

posted on 22nd Jun 08 at 16:17

Prices in Scotland are still going up though so none of that is much use to watson.


AndyKent

posted on 22nd Jun 08 at 16:12

I work with in a land and property consultants. They're all saying the last of the price drops is yet to happen, certainly no price rises in the next 6 months MINIMUM. They don't say this to clients though :lol:

If you can wait a bit you might find even more bargains about :)


Kathryn W

posted on 22nd Jun 08 at 15:43

There's 2 houses for sale around the one i just bought, a 3 bed semi with large drive and garage, need modernisation although doesnt have a chain. Was originally up for £119,500 now on for £113,000... Only needs cosmestic things so thats a bargain in itself.

Another is one me and gaz went and viewed, was a 2 bed end terraced needs some work doing, think it has damp was originally up for £104,000 is now up for £96,000.. These have changed within the month..

Both bargains for people that can be bothered spending a little bit of there own money making the place nice.

I would definatly say this is the time to buy, we've bought our house and it already has posotive equatity..


Russ

posted on 22nd Jun 08 at 15:40

negative equity isnt an issue if your buying a house to live in for years and years.


mattk

posted on 22nd Jun 08 at 11:16

Now is the time to buy, this will last for 6 - 12 months

I wouldnt bother my arse renting, if you CAN buy DO buy

as Col said as well on the site ive been working on they are shitting them selves cause they have 27 houses all finished and sparkling and they cant sell them, they are knocking out all the deals Colin said and I reckon you could negaotiate more off if you tried


Colin

posted on 22nd Jun 08 at 11:12

Just now there seems to be loads of houses on the market not shifting, prices being slashed, lots going to a fixed price offer, even on brand new houses their offering very good offers to get you to sign, ive seen people get offered a 4 bed for the price of a 3 off one builder & also get half their mortgage paid for by them for 2 years :!

Just now, if you can get a mortgage is a great time to buy.


Kathryn W

posted on 22nd Jun 08 at 10:33

I agree with the above :)


dannymccann

posted on 22nd Jun 08 at 09:49

Renting is on the up atm due to people not wanting to buy houses due to 'negative equity' and the fact that its so difficult to get a mortgage, therefore the suply of good rented houses will be going quick should think?


WATSON

posted on 22nd Jun 08 at 01:26

Why the hell is it such a paint in the arse! Never had any problems looking for property till now :lol:

Me and the girl are looking at our first house the now, Looking to rent just now see how things go :lol:

by god i can tell its going to be money money money :(