Housing market Lemmings

[Charmless Man]

Well summed up. May I ask what your parents did?

You may.

May I ask where your sense of humour has gone? Proper uptight these days, you used to be fun

 

[buster]

Without offering asking price first? Bollocks

Straight in with a serious offer , proving he’s a committed buyer.

Nope, just don’t see paying over the asking price as being an issue .

Early bird gets the worm.

 

[Boris Bear]

Straight in with a serious offer , proving he’s a committed buyer.

Nope, just don’t see paying over the asking price as being an issue .

Early bird gets the worm.

Offer the asking price straight away...it's what they were asking for. Still the early bird...just also stupid

 

[daventry cat]

Which is why the BOE won’t be increasing interest rates anytime soon

they may have little choice if the Fed put up rates in the states and theyve already brought forward the date they expect to incease it by a year....... if inflation continues it may just be the start

 

[monkeytassle]

You may.

May I ask where your sense of humour has gone? Proper uptight these days, you used to be fun

This is going somewhere man. Play the game dome head

 

[Charmless Man]

This is going somewhere man. Play the game dome head

Someone’s had half a shandy

 

[monkeytassle]

Someone’s had half a shandy

Oh just you wait. I've got 45 mins and 6 cans.

 

[AndrewP]

Tbf Monkey is absolutely minted and a Labour man (I think anyway).

He's a Tory iirc. Just not a twat.

 

[Charmless Man]

Oh just you wait. I've got 45 mins and 6 cans.

Wait for what, exactly?

 

[CatRyan]

You may.

May I ask where your sense of humour has gone? Proper uptight these days, you used to be fun

tears of a clown iirc

 

[riffraff]

might be simplistic here but I've always wondered why

house prices going up- good
everything else going up - bad

Naaaah.
Its house prices going up dahn sarf-good.
House prices going up up norff- bad.

 

[herra soul mob]

Naaaah.
Its house prices going up dahn sarf-good.
House prices going up up norff- bad.

 

[JAZZMANB]

Not jealous at all. I don't like the idea of people using property as an investment, rather than simply living in a place.

Actually, please accept my apologies. You're clearly not a "property speculator" and that's where my hatred is aimed.

By its nature an investment is placing money in something that will give you a return . Just so happens houses are a good choice though not Solid gold
( one house holder view)

 

[Biffo The Bear]

Whilst I don't wish ill on people there is and has been for some time a huge shortage of affordable housing. Restricting rich people from mopping what is available up for profit should be restricted imo. Houses shouldn't be used for profit in this way.

I agree on the affordable housing, something needs to be done. What can be done, I am not sure as there are plenty of firms building but how do you force them to make them affordable?
When folk are paying £350k for a flat roofed box in Birtley it does tell me that the affordability threshold is higher than I thought.

 

[JJH]

I have a few houses , flats and commercial properties. All rented out at well below market value - in fact some below what they would be forking out on a mortgage.
Works very well for the tenants and I still make more than I would in a bank.
There is a place for decent landlords that serves a certain type of tenant , a one who doesn’t want a mortgage and doesn’t want to be tied down.
As in all works of life there are those who abuse it.

 

[EDGE]

I agree on the affordable housing, something needs to be done. What can be done, I am not sure as there are plenty of firms building but how do you force them to make them affordable?
When folk are paying £350k for a flat roofed box in Birtley it does tell me that the affordability threshold is higher than I thought.

Council housing used to be the solution for those families who suffered during the war. But Thatcher sold them off.

 

[AndrewP]

I have a few houses , flats and commercial properties. All rented out at well below market value - in fact some below what they would be forking out on a mortgage.
Works very well for the tenants and I still make more than I would in a bank.
There is a place for decent landlords that serves a certain type of tenant , a one who doesn’t want a mortgage and doesn’t want to be tied down.
As in all works of life there are those who abuse it.

Why do you rent out at less than market value?

 

[JJH]

Why do you rent out at less than market value?

I have always done it. I’m happy to have good tenants.
Some properties I could easily get double what I ask for if I went to the open market .
However all my tenants work hard and are decent folk who dont earn a huge sum so I wouldn’t feel comfortable asking for more.
Same with commercial property .I’ll look to raise the rent when they are established and doing well-gives them the best chance of growing .

 

[AndrewP]

I have always done it. I’m happy to have good tenants.
Some properties I could easily get double what I ask for if I went to the open market .
However all my tenants work hard and are decent folk who dont earn a huge sum so I wouldn’t feel comfortable asking for more.
Same with commercial property .I’ll look to raise the rent when they are established and doing well-gives them the best chance of growing .

Fair play, as long as it works for you.

 

[EDGE]

I have always done it. I’m happy to have good tenants.
Some properties I could easily get double what I ask for if I went to the open market .
However all my tenants work hard and are decent folk who dont earn a huge sum so I wouldn’t feel comfortable asking for more.
Same with commercial property .I’ll look to raise the rent when they are established and doing well-gives them the best chance of growing .

I would do the same. Mutual respect between both parties. Hopefully the tenants will stay long term as well.