Owning your own home

Had a weird surprise this morning, my mortgage is now down to below what I borrowed! Only by three hundred quid, but still, nice little boost.

Not entirely sure if this is the right place...

So I've turned in to one of them (slightly)

I know I don't have any rights or own the road outside my house and ordinarily I really wouldn't care; however a Luton or Bedford van ( it's pretty tall?) has started parking on our street including outside our house.
Are there any regulations on commercial vehicles stopping over night on residential roads or do I just have to live with it?

No, unless there are restrictions you just have to suck it up.

Presume you've just moved in?

Cos that happens...

:)

Buy car

Leave car in street outside house

Ah, I had vague recollections from my washing machine delivery job that there was a operative license or something like that...

The early noughties called, they want their decor back...

Used this guy a few times and he's been great http://russellhanson.co.uk/ he is a roadie though

Lol OK then I meant SIGNIFICANTLY less than what I borrowed. I've only been in the place for six months and it's gone down by £3k. I finally feel what people mean when they say rent is chucking money up in the air.

So I have been touring the area of this house I am looking at and I like the look of it, pretty serious about the move. What are peoples thoughts on offering more than asking these days? it's on at 100k more than my place, but pretty sure we can afford 200k more than our current place, so plenty of head room, but I dont think the house is worth our max budget... make sense? thoughts? too much waffle?

What are peoples thoughts on offering more than asking these days?

Why? Drip feed the offer(s).

Guess I'm wondering how much it's still done? Don't want to roll in like billy big balls and make an offer thats more than asking if others dont do that. Its on for "offers above" but I am not sure if that really means anything anyway?

Start with £5k above, keep in touch with EA, you should be able to tell if they are bluffing or if there is an actual bigger offer on the table, if there is up yours by £5k, always be in a position to walk away. Whatever rest of £££ you have left put it in a pension pot?

Cheers. Will go a little above, read conflicting views on what "Offers in Excess of" actually means, but generally I think it means its on for less than they will actually want to get a lot of attention and then it goes to a shitty bid war... anyone dealt with sales listings like this?

Will go a little above, read conflicting views on what "Offers in Excess of" actually means

Don't. It means nothing.

Ring the agent, say you're keen but you're struggling to put a value on it. Ask if they've had any other offers, try to judge if their answer is the truth...

How long has it been on the market?

Link?

dont bother going above asking price.

forum approved surveyor? hit me up.

cheers for the advice lads @Hefty @greenhell

Don't want to link for fear of jinxing. Are you actually a surveyor @greenhell because if so totes will...

do look like a fucking surveyor?

nah fam - i need one tho.

Agree with Hefty.

Prod and poke the EA. Sure they're working for the seller, but you are their potential commission. I'd start with well what if I offered x amount / asking price... What do you think their reaction will be...

Use rightmove/zoopla to find any local that have sold or are currently under offer. If they are in your favour, then use them as examples to back up your offer/thinking.

If someone offers 5k / 10k more than you, they're gonna have to tell you anyway. And it'd more than likely go to best & finals. And if that happens, surely you want to start lower?

generally I think it means its on for less than they will actually want to get a lot of attention and then it goes to a shitty bid war... anyone dealt with sales listings like this?

There's one EA I'm dealing with in Mcr who only do open days. So they jam about 20 people in one day and probably scare the feckers in to thinking 'oh my god there's so much interest, I'm gonna have to up my bid'.

But yes, some definitely do that. List low. But as above, just mither the EA, you should be able to work that out.

HA, Hard to say to be fair. Internets.

Had a strange offer on our flat, if we buy their house they'll buy our flat.

We previously put an offer on the house but things fell through. At the time we were briefly gutted then massively relieved as it was a big project (hasn't been decorated since before Thatcher was in charge, kitchen needs gutting, windows need replacing, flatroof on extension needs replacing, plastering everywhere to redo, new boiler, possibly new electrics, unknown condition of walls behind wood panelling, wonky floor in kitchen, shady garage conversion into a windowless room that I'd like back to a garage, asbestos shed in garden needs removing, plus a myriad of other issues)
For some reason I am still tempted with it.
Need to workout what is a day 1 priority and what can wait a few months/ years.

Cheeeeers...

I get the feeling the EA is trying to create some sort of frenzy, low price and a bidding war. Viewings are only on this Saturday between 12-3 where they plan to get everyone interested through the door.

Hard to judge similar properties, on paper this one is very similar but obviously been done up to flip, also ghastly, whereas the one I am interested in is done to pretty much the exact way I would have...

http://www.rightmove.co.uk/property-for-sale/property-69373628.html

Offer under, give reasons. Worked for us (Not in London) but our buyers offered under too (Hackney).

Go along for the full 3 hours. That way you'll know at least the volume of competitors.

Also, borrow a rusty, shitty, massive van. Park it right outside. Find some local scumbag kids and pay them £20 to hang round outside being a nuisance. Organise a fixie beers meeting outside.