General Discussion: Property thread


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Rirawin
Rirawin avatar

9406 posts since 17/7/05

3 Dec 2019 15:36
Completion date is agreed prior to exchange, if no completion date has been agreed then you won't be exchanging.

If the property has been on the market for ages and there weren't any other interested parties, you could try and leverage an earlier completion date. However, does depend how desperate the vendor is to sell.

The earliest it usually takes from offer being accepted to completion is 6-8 weeks. That's if all the stars align and if there are no huge issues that need to be resolved from your survey/surveyor. Nevertheless, mid to late January would definitely be a push, especially with the Christmas and New Year break approaching. February would be more realistic if you manage on an agreed completion date.
Burt
Burt avatar

6097 posts since 3/1/10

3 Dec 2019 15:50
Those high end kitchen shanks might be your most persuasive option, kris.
krisricey
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2187 posts since 24/3/12

3 Dec 2019 16:12
Burt wrote: Those high end kitchen shanks might be your most persuasive option, kris.

Haha those high end kitchen shanks which remain in Amazons warehouse.

themistake
themistake avatar

10747 posts since 20/2/06

4 Feb 2020 16:02
Anyone come across ‘The Modern Auction’ way of buying a property?

Seems like a bonkers way of buying a property.
shields88
shields88 avatar

464 posts since 25/5/11

posted 6 Feb 2020 12:44, edited 6 Feb 2020 12:44
themistake wrote: Anyone come across ‘The Modern Auction’ way of buying a property?

Seems like a bonkers way of buying a property.

Just had a look to see what you meant by this. We actually submitted a bid for a bit of land last year sometime.

We had a look at the land, and decided to put a bid in. Absolutely no help for us from the Estate Agents about if we had a competitive bid. We actually bid over the asking price because I thought they had undervalued it. Turned out someone else had bid even more for than us too.

I'll not do it again like. It almost felt as though they were laughing at us even though we'd bid considerably over the asking price.
stoney
stoney avatar

17607 posts since 22/1/05

4 Mar 2020 20:20
Doing an extension and loft. My lender won’t do a further advance as they are cunts. Broker I use has me 100k (on a second charge) but with 9% cost. Anyone know if any other options ? I’m half salary half bonus so might not be good for all lenders but 9% seems v high even if I’m going to flip it
themistake
themistake avatar

10747 posts since 20/2/06

4 Mar 2020 20:48
shields88 wrote:
themistake wrote: Anyone come across ‘The Modern Auction’ way of buying a property?

Seems like a bonkers way of buying a property.

Just had a look to see what you meant by this. We actually submitted a bid for a bit of land last year sometime.

We had a look at the land, and decided to put a bid in. Absolutely no help for us from the Estate Agents about if we had a competitive bid. We actually bid over the asking price because I thought they had undervalued it. Turned out someone else had bid even more for than us too.

I'll not do it again like. It almost felt as though they were laughing at us even though we'd bid considerably over the asking price.


Modern auction is what is more widely known as ‘conditional auction’.

Laughing out loud I’m well into the process of buying a place like this now. To be fair it seems to be going ok. But insanely risky.
andymakesglasses
andymakesglasses avatar

20439 posts since 26/1/06

5 Mar 2020 13:30
stoney wrote: Doing an extension and loft. My lender won’t do a further advance as they are cunts. Broker I use has me 100k (on a second charge) but with 9% cost. Anyone know if any other options ? I’m half salary half bonus so might not be good for all lenders but 9% seems v high even if I’m going to flip it

Have you checked you don't already have an extension?
rural
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17722 posts since 26/9/06

5 Mar 2020 13:49
Laughing out loud
FrIEND
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13632 posts since 27/11/03

5 Mar 2020 13:49
Laughing out loud
swede
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9070 posts since 21/3/09

5 Mar 2020 13:51
fuck Laughing out loud
bertoni
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1364 posts since 29/9/11

5 Mar 2020 14:48
Laughing out loud
Burt
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6097 posts since 3/1/10

5 Mar 2020 15:37
Laughing out loud
eazypz
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3226 posts since 16/4/10

5 Mar 2020 15:50
Quality Laughing out loud
quest
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3569 posts since 11/7/11

5 Mar 2020 16:01
Laughing out loud
subfunktion
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2506 posts since 13/5/06

5 Mar 2020 16:49
Laughing out loud
morning mist
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3363 posts since 29/5/05

5 Mar 2020 17:44
Laughing out loud
ismvil
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1393 posts since 16/9/11

5 Mar 2020 18:12
Savage Laughing out loud
nothingelseworked
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3551 posts since 21/2/10

5 Mar 2020 20:22
Laughing out loud
stoney
stoney avatar

17607 posts since 22/1/05

5 Mar 2020 20:30
Andy, your out of order