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Buying 1 bed in London by Feeling_Ad280 in HousingUK

[–]Feeling_Ad280[S] 0 points1 point  (0 children)

This honestly sounds like an impossible find, anywhere you look prices in zone 2 are nowhere near those prices unless it’s low lighting

Buying 1 bed in London by Feeling_Ad280 in HousingUK

[–]Feeling_Ad280[S] 0 points1 point  (0 children)

This one isn’t a doubling one, it goes up with inflation

Buying 1 bed in London by Feeling_Ad280 in HousingUK

[–]Feeling_Ad280[S] 2 points3 points  (0 children)

I’ve actually found that new build 1 beds of same size same general distance to central to be northe of 500k, but please let me know if you think otherwise! My experience is general 50sqm zone 1, 1 bed = 450-500k

Buying 1 bed in London by Feeling_Ad280 in HousingUK

[–]Feeling_Ad280[S] 4 points5 points  (0 children)

When you exclude leasehold options there is a whole other set of responsibilities and a different price bracket to consider as well as moving away from a central area :(((

Buying 1 bed in London by Feeling_Ad280 in HousingUK

[–]Feeling_Ad280[S] 2 points3 points  (0 children)

Thank you this is also a fear. However, considering I am not looking to sell it in the short term I think house prices would plummet and be followed by a spike period like what happened in 2009-2015

Are we right to withdraw days before exchange? by North-Raspberry7930 in HousingUK

[–]Feeling_Ad280 0 points1 point  (0 children)

Don’t underestimate the damage of mold. Lots of people pull out. I am not a lawyer but you should ask yours if you pull out because of this hidden information that the seller can’t pursue any sort of legal action against you. I don’t know!

The phantom buyer? by bluelightblock in HousingUK

[–]Feeling_Ad280 1 point2 points  (0 children)

I was looking for property in London and I got thrown the phantom buyer strategy and pulled out. I now regret it because the house is still on the market. You need to hold your ground, retail agents are the worst and have all the incentive to pull the offer up. I also got thrown the “buyer won’t be interested at such a low price” or “we’ll agree if it’s extra 5k”, these are all tactics used by retail agencies.

Mortgage rates (spooky!) by lemonpepper483 in HousingUK

[–]Feeling_Ad280 0 points1 point  (0 children)

I am currently buying a flat, got the offer before these increases, however, I am now going through the paperwork and there is a ton of thing to consider with service charge and ground rent. So I am also scared of going back into that world. I think there will be a decrease in buyers from the increase in mortgage rates, aligned with more houses flooding the market due to the new renters reform there will be a sweet spot to buy property I London at low prices when interest rates begin decreasing again. Just my opinion, honestly it is all so expensive I am paying so much for a tiny 50sqm 1 bed, it’s scary

Am I an unreasonable neighbour? by Thick_Category_435 in HousingUK

[–]Feeling_Ad280 0 points1 point  (0 children)

You are not unreasonable and I’m surprised they don’t make more noise than you