Is anyone moving now?

Author
Discussion

ajap1979

8,014 posts

187 months

Wednesday 3rd March 2021
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AJB88 said:
ajap1979 said:
Tapered until the end of September too, though no details of how that will work.
Heard it reduces by 50k a month.
From the Guardian...

"As expected, stamp duty holiday on properties up to £500,000 continues until the end of June. It will be kept at double its standard level until the end of September, and then return to usual levels from 1 October."

Not entirely sure what that means tbh.

EDIT, so nil levels are doubled. 0% up to £250k, 2% £250k - £500k.

Edited by ajap1979 on Wednesday 3rd March 13:33

LetsTryAgain

2,904 posts

73 months

Wednesday 3rd March 2021
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Evoluzione said:
Stamp duty holiday officially extended until end of June and protection offered to banks offering 95% mortgages.
Like banks aren’t protected anyway.

Fast Bug

11,688 posts

161 months

Wednesday 3rd March 2021
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Relieved about the stampy duty holiday being extended, it means we can start getting some big jobs ticked off the list straight away. Mrs FB can have her roll top bath now laugh

talksthetorque

10,815 posts

135 months

Wednesday 3rd March 2021
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Viewing today
She actually said at the end “well it’s all very nice but I’m wondering where I’m going to put my 3 tortoises”

I refrained from the obvious answer as that would be cruel to the tortoises.

Evoluzione

10,345 posts

243 months

Wednesday 3rd March 2021
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AJB88 said:
ajap1979 said:
Tapered until the end of September too, though no details of how that will work.
Heard it reduces by 50k a month.
I believe it drops from 500 to 250k, but whether from one day to the next or not wasn't said.

AlmostUseful

3,282 posts

200 months

Wednesday 3rd March 2021
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It’s nice that it’s been extended, hopefully that means that if the worst comes to the worst and we lose our buyer we could find another one before needing to pay out.

Rutter

2,070 posts

206 months

Wednesday 3rd March 2021
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Exchanged today on the house we offered on at the beginning of November. Completing next week.

ChevronB19

5,781 posts

163 months

Wednesday 3rd March 2021
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Exchanged today, thank god. Has taken nigh on 5 months due to an horrifically naive buyer. Feels like a massive weight off my shoulders. Am having a beer now and it’s not 5pm yet!

Gad-Westy

14,568 posts

213 months

Wednesday 3rd March 2021
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ChevronB19 said:
Exchanged today, thank god. Has taken nigh on 5 months due to an horrifically naive buyer. Feels like a massive weight off my shoulders. Am having a beer now and it’s not 5pm yet!
Fantastic. Well earned beer (or seven). Enjoy smile

parakitaMol.

11,876 posts

251 months

Wednesday 3rd March 2021
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Congrats Rutter and Chevron - really pleased for you!

Rutter

2,070 posts

206 months

Thursday 4th March 2021
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parakitaMol. said:
Congrats Rutter and Chevron - really pleased for you!
Thanks, its bittersweet really as we are moving out of a 4 bed new build into a 3 bed that has been rented out for the past 30 years! That said we are back in the area we want to be in and at least I'll be busy!

parakitaMol.

11,876 posts

251 months

Thursday 4th March 2021
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Rutter said:
parakitaMol. said:
Congrats Rutter and Chevron - really pleased for you!
Thanks, its bittersweet really as we are moving out of a 4 bed new build into a 3 bed that has been rented out for the past 30 years! That said we are back in the area we want to be in and at least I'll be busy!
Yeah but as Mistress Kirsty says.... Location Location Location biggrin



cayman-black

12,644 posts

216 months

Thursday 4th March 2021
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I have been watching house sales in Devon this year and every house i have looked at has sold within two weeks, just incredible.

HRL

3,341 posts

219 months

Thursday 4th March 2021
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cayman-black said:
I have been watching house sales in Devon this year and every house i have looked at has sold within two weeks, just incredible.
We had an offer accepted on Monday for one that had been on and off the market 4 times due to chains collapsing.

It came back on last Friday, 500+ mile round trip to view it on an open viewing day on Saturday, back off the market on Monday due to our offer.

So yep, they don’t hang about if they are nice unfortunately. Lucky my wife spotted it had been relisted TBH because I hadn’t. She saw it previously but had been told it was sold.

S17Thumper

4,359 posts

186 months

Thursday 4th March 2021
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Supply dried up here as we got closer and closer to March.

Expecting a lump to go in the market in the next few weeks now the SDLT holiday has been extended.

Still convinced we got an absolute bargain smile (offered <1% over asking and the old chap cancelled all other viewings and accepted, apparently our daughter has the same name as his, which he liked).

bennno

11,650 posts

269 months

Thursday 4th March 2021
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We are on 19th March, but its the toughest property market I've ever experienced. Inflated prices, deals very difficult as lots of buyers being creative about their position and intent.

We lost two houses as vendors couldn't do a deal / secure their onward moves, we got gazumped on another. Lost our initial buyer who cost us 12 weeks, but found a eager buyer with no chain who offered 25k over list to secure ours and a seller who waited for us.....

Solicitors / estate agents / mortgage Co's all over the place with stamp duty holiday workload and covid wfh - utter shambles at mo.

talksthetorque

10,815 posts

135 months

Thursday 4th March 2021
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HRL said:
open viewing day
Didn't think these would be allowed at the moment.
Ah well, you may have had less competition because people didn't waant to attend!

TCruise

578 posts

91 months

Thursday 4th March 2021
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S17Thumper said:
Still convinced we got an absolute bargain smile (offered <1% over asking and the old chap cancelled all other viewings and accepted, apparently our daughter has the same name as his, which he liked).
Your daughter is called "Dave" as well wink

TCruise

578 posts

91 months

Thursday 4th March 2021
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Completion Time

What do most people suggest as a sensible completion time?

We've been suggested 2pm. Which we think gives us time for the movers to arrive in the morning, remove everything from our place, then drive round the the next house.

Sensible?

Or do packers/movers usually arrive the day before to do all the boxing and packing?

AJB88

12,420 posts

171 months

Thursday 4th March 2021
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Were packing ourselves, but the companies have all said they will be here at 8am, they all charge key waiting after 2pm as well.