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In many ways those who live up north are in a fortunate position house prices are such good value compared to their southern counterparts.
My house in Wanstead would probably be 250k in vast swathes of the Midlands and the north.
Some bloke in my road who I know pretty well now ended up paying 1.126m for his house a year ago and it was originally on for offers over 1.025m. So he had to go over 100k over to secure it, and the double whammy was the bank valued it at 1.1m so he had to find the 26k in cash.
This is the same bloke who's mortgage payments are going to jump to 6 grand a month in a few months time.
He's a thoroughly nice bloke tho.
princeperch
A friend bought a house recently and he said when they went to view it the seller said they were only accepting offers of 20 percent over asking. I was like your off your head and Id have told them to fuck off.
And 20 percent was 40k.