Won't be going to the max for this one. Bid our max on others. Harder this way…
General Discussion: Property thread
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22 Oct 2019 14:47
That’s a 7-8% increase, has anywhere in the UK seen that sort of increase in the past 12 months? Obviously I don’t know the property or area you’re looking at and it may just be that both properties were/are seriously undervalued. If not I’d be very reluctant to pay that sort of a markup
posted 22 Oct 2019 16:24, edited 22 Oct 2019 16:24
23 Oct 2019 09:25
23 Oct 2019 16:40
This is true x100 if your woman is involved
Good advice but was a huge source of stress/arguments with my OH
30 Oct 2019 22:37
Seen a place on for 550, made an offer over the asking price and now they are asking for 'best and final' offers over 600 to be submitted within 24hours 
I think it was probably undervalued a little as they seemed to have 30+ viewings in two days but it now feels really hard and arbitrary to pick a number out of thin air. The one next door (not as nicely done but essentially this is the same house - no big extension or anything) sold for 560 earlier in the year.
Any tips for this situation?
I think it was probably undervalued a little as they seemed to have 30+ viewings in two days but it now feels really hard and arbitrary to pick a number out of thin air. The one next door (not as nicely done but essentially this is the same house - no big extension or anything) sold for 560 earlier in the year.
Any tips for this situation?
That’s a 7-8% increase, has anywhere in the UK seen that sort of increase in the past 12 months? Obviously I don’t know the property or area you’re looking at and it may just be that both properties were/are seriously undervalued. If not I’d be very reluctant to pay that sort of a markup
The one that sold on the same road for 560 in Jan 2019 didn't have a new kitchen, garden was a mess, no original features, front and back reception not knocked through, new-ish but poor UPVC windows etc. which explains a bit of the difference with this one.
they've got you by the balls when buying a home, as its mostly an emotional purchase. you fall in love with a place then MUST have it, so you do whatever you can to seal the deal, like paying way above valuation
i think its important to take a step back and look at it a bit more logically. if your friend was in the position you were in, what would you advise them to do? I cant imagine it'll be to spend an extra 50 grand
i think its important to take a step back and look at it a bit more logically. if your friend was in the position you were in, what would you advise them to do? I cant imagine it'll be to spend an extra 50 grand
Really glad that wasn't us.
they've got you by the balls when buying a home, as its mostly an emotional purchase. you fall in love with a place then MUST have it, so you do whatever you can to seal the deal, like paying way above valuation
This is true x100 if your woman is involved
i think its important to take a step back and look at it a bit more logically. if your friend was in the position you were in, what would you advise them to do? I cant imagine it'll be to spend an extra 50 grand
Good advice but was a huge source of stress/arguments with my OH
Currently looking to buy a ground floor/basement flat in a split Victorian house with one other freeholder.
The flat has sole use of the rear garden, we would only be interested in purchasing the property if we could do a single story rear extension.
This sort of extension doesn't require planning permission but could the other freeholder refuse permission?
Other houses on the road have rear extensions.
The flat has sole use of the rear garden, we would only be interested in purchasing the property if we could do a single story rear extension.
This sort of extension doesn't require planning permission but could the other freeholder refuse permission?
Other houses on the road have rear extensions.
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