Houses

[Zear0]

1 hour ago, Raj said:

This is bang on by the main man again.

And i actually DID say this on my dads house!

Its emotional and you feel like its a kick in the teeth when you get a low bid.

The sellers will get Tommys offer at 575 when they had it up at ^00 and the testerone kicks in.

feck that, the cheeky git, who does he think he is etc...

BUT when they sleep on it and ask themselves what Lako said "How many offers HAVE you had"? Erm NONE!!!

 

Why- Cos its overpriced...its been up for 6 months and Tommys was the only offer....er okay actually on reflection!!!

 

 

Does depend on their situation.  When I was selling to buy, I accepted a lower than I wanted bid just to get things moving.

 

Converserly, after losing a parent and inheriting the property, I put it on the market high and just sat on it for several years bouncing back anything below asking.  When the markets are looking up (as they are looking like doing now), and you've got the equity and no need to sell, you can just be stubborn, dig in, and wait for someone to offer what you want.  Only vaguely aware of the situation Tommy has mentioned re: the buyers moving abroad, but sounds like they're not in a hurry to sell.  Only outlay was the home insurance and council tax which I more than recouped by holding out.

[Tommy G]

22 minutes ago, Zear0 said:

Does depend on their situation.  When I was selling to buy, I accepted a lower than I wanted bid just to get things moving.

 

Converserly, after losing a parent and inheriting the property, I put it on the market high and just sat on it for several years bouncing back anything below asking.  When the markets are looking up (as they are looking like doing now), and you've got the equity and no need to sell, you can just be stubborn, dig in, and wait for someone to offer what you want.  Only vaguely aware of the situation Tommy has mentioned re: the buyers moving abroad, but sounds like they're not in a hurry to sell.  Only outlay was the home insurance and council tax which I more than recouped by holding out.

The market is rubbish though - not much is shifting and with a GE coming up even more  uncertain 

[Izzy]

40 minutes ago, Zear0 said:

Does depend on their situation.  When I was selling to buy, I accepted a lower than I wanted bid just to get things moving.

 

Converserly, after losing a parent and inheriting the property, I put it on the market high and just sat on it for several years bouncing back anything below asking.  When the markets are looking up (as they are looking like doing now), and you've got the equity and no need to sell, you can just be stubborn, dig in, and wait for someone to offer what you want.  Only vaguely aware of the situation Tommy has mentioned re: the buyers moving abroad, but sounds like they're not in a hurry to sell.  Only outlay was the home insurance and council tax which I more than recouped by holding out.

Really? Not down here in Bucks it isn't. 

 

Properties being heavily discounted and still not selling. The only stuff shifting is at the cheaper end. 

 

Not sure interest rates are coming down anytime soon either. 

[Raj]

1 hour ago, Zear0 said:

Does depend on their situation.  When I was selling to buy, I accepted a lower than I wanted bid just to get things moving.

 

Converserly, after losing a parent and inheriting the property, I put it on the market high and just sat on it for several years bouncing back anything below asking.  When the markets are looking up (as they are looking like doing now), and you've got the equity and no need to sell, you can just be stubborn, dig in, and wait for someone to offer what you want.  Only vaguely aware of the situation Tommy has mentioned re: the buyers moving abroad, but sounds like they're not in a hurry to sell.  Only outlay was the home insurance and council tax which I more than recouped by holding out.

Cant see the use of just sitting on an empty house unless your renting it out.

The worry of squatters/ issues with the house etc would do my head in hence I sold my dads for abit lower just to get the cash in our hands.

Like you say, it's all individual circumstances.

[Zear0]

58 minutes ago, Tommy G said:

The market is rubbish though - not much is shifting and with a GE coming up even more  uncertain 

Strange how localised the market can be. So many houses up for sale and going within days around me (as I'm obviously nosey and check on the neighbours). 

[ketteringscott]

3 hours ago, Zear0 said:

Strange how localised the market can be. So many houses up for sale and going within days around me (as I'm obviously nosey and check on the neighbours). 

The market is pretty bouyant at the minute, anything priced right is selling relatively quickly

[dsr-burnley]

8 hours ago, Zear0 said:

Does depend on their situation.  When I was selling to buy, I accepted a lower than I wanted bid just to get things moving.

 

Converserly, after losing a parent and inheriting the property, I put it on the market high and just sat on it for several years bouncing back anything below asking.  When the markets are looking up (as they are looking like doing now), and you've got the equity and no need to sell, you can just be stubborn, dig in, and wait for someone to offer what you want.  Only vaguely aware of the situation Tommy has mentioned re: the buyers moving abroad, but sounds like they're not in a hurry to sell.  Only outlay was the home insurance and council tax which I more than recouped by holding out.

That's getting trickier with the new "double charge for empty properties" rules, not to mention the crafty (aka dishonest) system whereby HMRC charge interest on the value of the property before you even get probate and the right to put it on the market.  Prices for keeping properties empty are getting more expensive.

[Heathrow fox]

That poor man from Luton who had his house stolen gets further kick in the nuts.Back dated electric and gas bills that he is obliged to pay.Even though the energy company is fully aware of his situation.Remember folks,if you leave your property unoccupied for any length of time.Get your house registered.

[Tommy G]

On 07/06/2024 at 12:29, Raj said:

You must be in a hole to take advice off me!!🤭

You should take Lakos suggestion and ask the agent have you received much interest in the house, any other offeres etc?

Just to let him know that YOU know he hasnt and yours is a firm offer waiting to go.

 

I had loads of this shit when selling my dads house a couple of years ago, its all a fecking game mate. Goid luck

It’s been rejected 

[Raj]

59 minutes ago, Tommy G said:

It’s been rejected 

Let them sit on it for a few days....

[Wolfox]

On 14/05/2024 at 14:34, Stadt said:

Had on offer on my first house accepted over the weekend, 11k under the asking price so pleased with that - I negotiated pretty well. 
 

Any advice on furniture and white goods (aside from FB marketplace)?

Congratulations…

 

Furniture…. It depends on your taste?

 

I made a dining table out of the same oak I had on my worktops…. I got a metalworker to make the base

 

loads of stuff on FB marketplace…. I’ve picked up some nice bits (just need to be patient)

 

eBay is a good resource….  John Lewis do some nice sofas and there’s a couple of outfits based out of Manchester who deal with customer returns (mine looked brand new)…. They knock them out for a good chunk cheaper…

 

white goods…. I’ve often gone for graded stuff…. I’ve brought stuff from eBay direct from AO for instance…. As long as you can live with the odd scratch that you’re inevitably going to pick up anyway, it can be a good saving…. John Lewis have some good deals in the corner of the showroom too for bits they want to get rid of…

[kenny]

14 hours ago, Tommy G said:

It’s been rejected 

Let the agent know that the offer is staying on the table and you will call back when it's not sold in a week or so's time.

[Tommy G]

13 hours ago, Raj said:

Let them sit on it for a few days....

I will do. She said they aren’t accepting anything that doesn’t start with a 6, so then I said there’s no negotiation at all then….she said well I’m not saying they won’t accept something in between. They also lied about another viewing on it over the weekend. 
 

2 minutes ago, kenny said:

Let the agent know that the offer is staying on the table and you will call back when it's not sold in a week or so's time.

Haha

[kenny]

10 minutes ago, Tommy G said:

I will do. She said they aren’t accepting anything that doesn’t start with a 6, so then I said there’s no negotiation at all then….she said well I’m not saying they won’t accept something in between. They also lied about another viewing on it over the weekend. 
 

Haha

Offer £69k?

[orangecity23]

My tip on furniture for a first house is to check out British Heart Foundation's furniture shops - if you find a good sofa in there, they'll deliver it to you for about a tenner extra, and there's normally some decent sofas in there, that will be hundreds of pounds less than buying a brand new one.

[Izzy]

Has anyone got experience of trading in their old house for a new build?

 

Seen a new house we love but really cba putting ours on the market and all that fannying around. 

 

Would be so much easier if the builder takes it off our hands but it's clearly not their preferred option.

 

 

[FoxesDeb]

Mÿ husband has done this and says it was great. Much easier than selling your own house, no pressure to move on a certain date once the completion goes through as nobody is moving in to your current house on the same date, and no stress of a chain falling apart.

 

If there's anything you want me to ask him let me know  

[Tommy G]

Finally had our offer accepted, thanks for all the help @Raj @Izzy @kenny

 

Just hope the chain holds together now. 

[Raj]

3 minutes ago, Tommy G said:

Finally had our offer accepted, thanks for all the help @Raj @Izzy @kenny

 

Just hope the chain holds together now. 

Well done for holding your nerve pal.

Was it accepted at your last offer?

[Tommy G]

2 hours ago, Raj said:

Well done for holding your nerve pal.

Was it accepted at your last offer?

Went up £5k and said take it or leave it, and that no more offers were forthcoming and gave them a deadline. 

[Sir Shep]

On 15/06/2024 at 18:18, Izzy said:

Has anyone got experience of trading in their old house for a new build?

 

Seen a new house we love but really cba putting ours on the market and all that fannying around. 

 

Would be so much easier if the builder takes it off our hands but it's clearly not their preferred option.

 

 

I parted x my last house for a new build, they had 3 quotes done  at their own cost and offered us the lowest quote given. We accepted and it made it a lot less stressful as our house didn’t need to sell for us to move. All we had to do was allow viewings. We were also given a £500 incentive to have it sold before we moved out which we did. 

[Izzy]

4 minutes ago, Sir Shep said:

I parted x my last house for a new build, they had 3 quotes done  at their own cost and offered us the lowest quote given. We accepted and it made it a lot less stressful as our house didn’t need to sell for us to move. All we had to do was allow viewings. We were also given a £500 incentive to have it sold before we moved out which we did. 

That sounds great and hassle free.

 

I've made a hypothetical offer for the new build and told them roughly how much I'm looking at for ours to see if it's an option or not.

 

They're only a small family run builders rather than a national company so don't think part-ex something they typically do, but I know it's the last plot of their current development and they want shot quickly so they can move onto their next project.

 

[waddadamadda]

On 15/06/2024 at 18:18, Izzy said:

Has anyone got experience of trading in their old house for a new build?

 

Seen a new house we love but really cba putting ours on the market and all that fannying around. 

 

Would be so much easier if the builder takes it off our hands but it's clearly not their preferred option.

 

 

It also depends on how old your house is. We looked at this but because we have a 70’s house, they wouldn’t even entertain it

 

[Izzy]

40 minutes ago, waddadamadda said:

It also depends on how old your house is. We looked at this but because we have a 70’s house, they wouldn’t even entertain it

 

Ours is mid 90's so hopefully still an option as a part ex against new builds.

 

As it happens, I spoke with the builder today and he tried to low ball me on the price of ours and we were too far apart on our valuations.

 

Shame, but on to the next....

[ithuriel]

Lovely, Severn Trent Water sent me a letter saying they are going to install a water meter outside my property, not asked for one, and they will do it whether I'm there or not.