How far will house prices fall [volume 4]
Discussion
trowelhead said:
mike74 said:
Utter rubbish. There is NOWHERE in the UK where you could buy a decent property requiring little/no renovation or maintenance work in a reasonable area where you'll attract decent, respectful tenants, all for £60k
As others have already said at that kind of price point you'll be doing constant repairs and maintenance and only attracting the less reliable type of tenants
Absolute nonsense.As others have already said at that kind of price point you'll be doing constant repairs and maintenance and only attracting the less reliable type of tenants
Edited by mike74 on Tuesday 21st November 09:58
Why would you do constant repairs I don’t understand that? What is their to repair?
I also gather some posters have said you have to repair a washing machine. Yes that’s true but only if you supply a washing machine - most tenants will supply their own.
A modest house with modest kitchen and central heating and basic electrics has very little to go wrong
We can all disagree
Tenants can include nhs workers, young professionals, retired people, divorcees and people like contractors that live away during the week. I personally feel these type of tenants are generally respectful
edh said:
98elise said:
mike74 said:
Rovinghawk said:
Taxing turnover rather than profit?
Massive increases in paperwork?
You know little.
BooHoo.Massive increases in paperwork?
You know little.
Ending of their tax breaks is the least they should be subject to and as for the ''massive increases in paperwork'' don't make me laugh!
Its simply an easy target for a tax raid because the general public won't kick up a fuss.
anonymous said:
[redacted]
The home that taste forgot....That is beyond horrific; bland & uninspired design, indifferent finish, compromised and over-developed plot and who wants kitchens and bathrooms ready-fitted at this price point.
Also, the garden shots have a whiff of digital enhancement, suggesting that he's run out of money to do the landscaping
I actually viewed that. It was summer 2016!
The garden is tiny which in itself isn’t bad but meant you were literally crammed onto the plot. Minimal side access but you could see St.Pauls on a clear day.
Picture of “The gym” doesn’t even feature a cross trainer! Poor show
My other overriding memory is of a traffic jam getting on and off the estate.
People park on the very narrow access road meaning you have to constantly give way.
To my mind the estate is being ruined. It used to be lovely pre war 4 bed family homes on big plots that the local bank manager owned. Now they are demolished and replaced by houses way too large and they just don’t hit the mark as there is little privacy.
Way nicer options out there.
The garden is tiny which in itself isn’t bad but meant you were literally crammed onto the plot. Minimal side access but you could see St.Pauls on a clear day.
Picture of “The gym” doesn’t even feature a cross trainer! Poor show
My other overriding memory is of a traffic jam getting on and off the estate.
People park on the very narrow access road meaning you have to constantly give way.
To my mind the estate is being ruined. It used to be lovely pre war 4 bed family homes on big plots that the local bank manager owned. Now they are demolished and replaced by houses way too large and they just don’t hit the mark as there is little privacy.
Way nicer options out there.
Edited by Thankyou4calling on Wednesday 22 November 09:03
When I visit the A3 corridor to visit these gaffs I’m always struck by how many of these over-developed mongstrocities are set cheek by jowl on very busy, noisy or cramped roads in very high traffic density areas. I have to live cheek by jowl on busy, cramped roads in high traffic density areas. I don’t really understand why these Uber rich types feel the need to do it too. Bonkers.
That wasn’t one of my efforts. Fine effort by the photographer I thought.
That wasn’t one of my efforts. Fine effort by the photographer I thought.
So no comment on the Budget and Hammonds removal of stamp duty for FTB on houses up to 300K or £500k in London?
While it looks like a decent measure to help out FTB's I can't help but feel it's a bit sleight of hand and all it will do is inflate the market again.
What was that people where saying about the Government propping up the housing market?
While it looks like a decent measure to help out FTB's I can't help but feel it's a bit sleight of hand and all it will do is inflate the market again.
What was that people where saying about the Government propping up the housing market?
Guvernator said:
So no comment on the Budget and Hammonds removal of stamp duty for FTB on houses up to 300K or £500k in London?
While it looks like a decent measure to help out FTB's I can't help but feel it's a bit sleight of hand and all it will do is inflate the market again.
What was that people where saying about the Government propping up the housing market?
According to the treasury, maximum saving on this scheme is 'only' £5k though.While it looks like a decent measure to help out FTB's I can't help but feel it's a bit sleight of hand and all it will do is inflate the market again.
What was that people where saying about the Government propping up the housing market?
The stamp duty allowance for FTBs is a nice gesture, but that's all it amounts to given the small amount it represents in the overall cost of buying a property. It does make a good headline and helps the Conservatives show how much the are helping the young to get on the housing ladder etc etc.
The number of people it will help is minimal, plus I can't see how it will spur a FTB into doing something they weren't already going to do.
It's a bit like the extension of the Young Person's Railcard to the under 30's - given that they aren't valid on peak trains so can't be used for commuters all it will help are the massive number of 26-30 year olds who use off peak trains.
The number of people it will help is minimal, plus I can't see how it will spur a FTB into doing something they weren't already going to do.
It's a bit like the extension of the Young Person's Railcard to the under 30's - given that they aren't valid on peak trains so can't be used for commuters all it will help are the massive number of 26-30 year olds who use off peak trains.
soxboy said:
The stamp duty allowance for FTBs is a nice gesture, but that's all it amounts to given the small amount it represents in the overall cost of buying a property. It does make a good headline and helps the Conservatives show how much the are helping the young to get on the housing ladder etc etc.
The number of people it will help is minimal, plus I can't see how it will spur a FTB into doing something they weren't already going to do.
It's a bit like the extension of the Young Person's Railcard to the under 30's - given that they aren't valid on peak trains so can't be used for commuters all it will help are the massive number of 26-30 year olds who use off peak trains.
It’s nice though because it couldn’t be mortgaged and FTB will no longer have to find that extra chunk of Money physically up front on top of their deposit. £5k goes a long way in furniture or paint or whatever. The number of people it will help is minimal, plus I can't see how it will spur a FTB into doing something they weren't already going to do.
It's a bit like the extension of the Young Person's Railcard to the under 30's - given that they aren't valid on peak trains so can't be used for commuters all it will help are the massive number of 26-30 year olds who use off peak trains.
soxboy said:
The number of people it will help is minimal, plus I can't see how it will spur a FTB into doing something they weren't already going to do.
It won't help my FTB - I'm going to ask for their SDLT saving against what they reduced me the other day because of affordability issues!soxboy said:
The stamp duty allowance for FTBs is a nice gesture, but that's all it amounts to given the small amount it represents in the overall cost of buying a property. It does make a good headline and helps the Conservatives show how much the are helping the young to get on the housing ladder etc etc.
It's nice as it means an extra chunk towards your deposit. If like me, your actual affordability is so low you can't afford property in your area it makes not one jot of difference.
t that it doesn't apply to purchases over 500k. edh said:
Not a bad slogan, will have to run it past my comrades at the local ward meeting 
It hasn't worked so far even when backed by astronomical levels of bribery putting the budget's SDLT move in the shade. It's not going to work in future either; the comrades should try something positive (yes I know there's nothing positive available, never mind). Corbyn could try giving away free council houses to lefty FTVs - first time voters. If they were nearly free it would be deep in Thatcheresque irony.turbobloke said:
edh said:
Not a bad slogan, will have to run it past my comrades at the local ward meeting
It hasn't worked so far even when backed by astronomical levels of bribery putting the budget's SDLT move in the shade. It's not going to work in future either; the comrades should try something positive (yes I know there's nothing positive available, never mind). Corbyn could try giving away free council houses to lefty FTVs - first time voters. If they were nearly free it would be deep in Thatcheresque irony.oh - "For the Many not the Few"
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