Owning your own home

Someone said something on the internet I didnt agree with so had to reply.

Bikes from 12.

Flouncing until next week.

For reals?

What will you do if you get an offer in the next couple of days?
Will you unflounce?
Or WILL WE HAVE TO WAIT?

Are you sure you don't work as a script writer?

No one's offering, but if they do I'll make sure I update you, I wouldn't want to keep you waiting.

Chris don't worry about it man. It's a tough market. I know a guy selling a flat 5 min walk from Liverpool Street STN. Nice flat. On at 865k the only offer he has had is 670k.

Not just me. THE WHOLE OF THIS THREAD.

This has all got a little spicy...

What's uninteresting & disrespectful about thinking a valuation is too high?

To quote @coppiThat ; sorry if I missed something

I'll literally post a screen grab of the email...

Our flat has dropped from £500k to about £460k over the last two years. Times are indeed rather testing.

I'm pulling for you Chris. I do think you'll flog it but it'll be closer to the market value than I think you'd have initially liked but I think you know that now.there is a lot to be said for getting rid at a fair price and getting on with the next stage of life.

Cheers. I'm very impatient and to be honest prob had unrealistic expectations due to the frenzied of only a couple of years ago.

Plumstead is finished, it's all about Hornchurch now.

Maaate. I'm basically made up.

Yeah, this. And thanks again.

P.S. Its on at the lowest valuation an EA gave us now, 50k down from the highest.

Hah!

I know I keep saying this but just be patient, you’ll probably have to reduce a bit as it’s almost expected at the moment (you’d be mad to offer full asking anywhere) but it will happen.
Or, if you’re desperate to sell quickly, change price to reflect hard facts on size/type/location (ie ignore taste/decoration/fancy fittings), enjoy making some free money through no fault of your own and move on.

Very much this. It’d be shit to miss out on something or spend months in limbo for the sake of a bit more imaginary money.

Yeah, I'll give that a try, not sure it's in my DNA...

I'll give it another couple of weeks then think about dropping again, know what you mean about imaginary money, just going under what is currently recommended/suggested market value feels a bit foolish.

Time will tell.

(Also, I have a tendency to always offer asking price, due to not wanting to miss out for the sake of a bit of imaginary money).

I’ve chatted to a few people on the forum who see this thread as a bunch of smug cunts gloating about how much their house is worth while pretending to moan about it not being worth as much as they hoped. Their response to it is along the lines of fuck off you privileged prick, at least you’re not stuck in perpetual rent.

I kind of agree that we should be focussed on how people go from renting to home ownership and providing the wisdom of our experiences to that process rather than spending time on consoling people having to drop their price because of a slow market. I do have sympathy for that but when you look at how much it has still gained under your tenure, you have to admit that the drop you are experiencing now is not the end of the world. You can recoup the drop by passing the reductions to general house prices up the chain.

stop talking sense

Someone has hacked your account.

@amey Plumstead has some nice spots and is cheap considering the access to the crossrail.

Woolwich is silly money now.

Where ive been for the last 15 years is Charlton. We are moving from the Blackheath end to the Woolwich end at the mo to leverage the Crossrail effect. There are loads of good schools, its pretty leafy, Blackheath / Greenwich / Woolwich all close by plus tube at North Greenwich. Oh. Its still reasonable too.

Thats an interesting point, and I can see where those people are coming from, to be honest was bit worried about it too, but isn't everything relative and should people really be complaining about folks who have more than them, for having more? Because if so that could be a long chain... and if its accepted, is it also ok to complain about those who have less, for having less?

To your second point, maybe you could start a thread with that exact purpose? Strikes me as a decent one. A friend of mine managed to get a help to buy place which is a great little flat. He saved up the deposit by contracting/freelancing and then once he had enough in cash accepted a PAYE job to qualify for a mortgage. All with zero help from his family (his mum actually turned down buying her council place on ethical reason which is highly commendable).

I really am off now...

tbf this thread is at its best when its ripping the piss out of people's interior decoration choices.

Why are you trying to kill the boast post/humble brag emporium of LFGSS?

A man who, beyond the age of 26, finds himself renting can count himself a failure

Wtf just happened.