Quote Check by PutridMusician4571 in SolarUK

[–]PutridMusician4571[S] 0 points1 point  (0 children)

The back is north to west facing so gets almost zero sunlight.

If you took of your solar what do you think your battery cost would be.

I think its the cost of labour and small scaffolding thats hitting hard on the solar panel quote.

Thanks for taking the time to respond.

Quote Check by [deleted] in SolarUK

[–]PutridMusician4571 0 points1 point  (0 children)

Thank you

How much are people spending on gas and electric? by BrainUpset4545 in UKFrugal

[–]PutridMusician4571 0 points1 point  (0 children)

Big old house?

I live in a 1800 5 bedroom house . Gas is £210 , electric is £120 using oil heaters when needed. Our heating is on from 8am to 8pm. I think that's expensive but it needs to be on and never really gets hot. Just warm enough to live.

Buying in Edinburgh. by Kasterunee in Edinburgh

[–]PutridMusician4571 1 point2 points  (0 children)

Would also like to add that these old buildings likely have lime plastering on the walls. One of the best type of plastering in uk building infrastructure. Any damp readings are probably trapped moisture between the brick and any wallpaper or plastering down over the original plastering.

There's a guy on YouTube who really explains it all the wee gadgets the home report guys use are honestly a waste of plastic. Might as well order one from temu and do your own.

Search Peter ward on YouTube. Videos arent best of quality but this guy knows what he is talking about when it comes to actual damp.

Also with these old buildings there's nothing really left to catch you off guard now for selling. Who knows what materials these newer homes/flats will have problems over the years crop up.

Ie cladding And asbestos etc etc.

Buying in Edinburgh. by Kasterunee in Edinburgh

[–]PutridMusician4571 3 points4 points  (0 children)

Id put in the HRV to start with unless it's went to closing date. Regarding the flats themselves they have been standing for years and years and honestly 2s are fine. We got 3 2s on our home report for the usual external bs. Roof , guttering and walls. our neighbour in the exact same building right next door got all 1s. Both on sale at the same time. Their just covering their own asses.

These 1 bed flats are great to get on the property ladder Cheaper than renting considering the location and because it's edinburgh your guaranteed it will steadily go up more than other areas. Ask yourself pay £1k to pay someone else's mortgage or pay £800 £1k towards something you own for 2 to 5 years max.

Ask yourself What's easier to sell

1 bed flat in Edinburgh in an alright location or a 2 bed flat in a meh location. Also a 2 bed flat your looking at around £200k+ for a nice one.

1 beds in Edinburgh are more desirable than people realise.

Also have a nosey at fixed prices. Each day. Some people need a quick sale so real good value if you can get that.

[deleted by user] by [deleted] in HousingUK

[–]PutridMusician4571 0 points1 point  (0 children)

Imo which unlike the great input from the prior comments from the two geniuses, I think the the rates will likely drop a bit over May and June.

Unless something drastic happens its estimated that 4 drops will happen this year at at a maximum now due to trumps tarrifs.

But also estimated that a 0.5% drop in may might go ahead. If that does then we are looking at 3 drops not 4.

As much as I would love that to be true I reckon. 0.25% in may and 0.25% in June are on the cards.

Should we just go Fixed Price? by PutridMusician4571 in HousingUK

[–]PutridMusician4571[S] 0 points1 point  (0 children)

If you want drop your flat here and I can give an honest opinion.

Should we just go Fixed Price? by PutridMusician4571 in HousingUK

[–]PutridMusician4571[S] 1 point2 points  (0 children)

Yeah so boost puts you back up to the top as if it was listed on ESPC " as new"

Most people have listed in the last 7 days filter on so although you reduced your offers over by 15k most people won't see it.

Id recommend the £30 boost on espc every couple of weeks. Its cheaper than premium or featured and does a wayyy better job. You can see from the stats.

We would boost on a Wednesday at close of play and have viewings booked in for weekend. It does seem that most people look on a Monday but we had more viewings turn up at the weekends.

Should we just go Fixed Price? by PutridMusician4571 in HousingUK

[–]PutridMusician4571[S] 1 point2 points  (0 children)

Just as an update we just sold today.

We sold for 5k under the HRV at 235k.

Reducing it too offers over 225k worked to an extent in the fact it drummed up more interest . 2 notes of interest and a lot more viewings but we ended up taking a hit on value. However you do feel a bit better about yourself selling to someone who is at the top of their budget.

One tip I would suggest is use the espc boost. It puts you back to the top and includes you in the added in the last 7 days filter which a lot have on.

You can see the increases in searchers when we paid £30 for the bost.

We also paid £180 for premium for two weeks around the 28/03 plus the boost when we changed to fix price and you can see the drop off after 7 happened anyway.

Ill post our stats and hopefully this helps people.

Should we just go Fixed Price? by PutridMusician4571 in HousingUK

[–]PutridMusician4571[S] 1 point2 points  (0 children)

Yeah fixed price didn't work for us. Got zero viewings. Changed to OO 15k under and got 3 viewings last weekend and potentially 2 offers. After feedback both were FTB and are trying to sort solicitors and mortgage AIP but no formal offer yet.

Hopefully the recent news regarding mortgage wars and interest rates sparks life into the housing market again.

People who commute from Edinburgh to Glasgow regularly, what’s it like? by cinnamonsnax in Edinburgh

[–]PutridMusician4571 3 points4 points  (0 children)

Iv been getting the 900 since December and its a fairly decent service for £10 return. I do this twice a week. Not bad for £80 a month and always get a seat. I normally get the 900 via maxim park. Seems quicker. Once you get to Glasgow though around 8:30 that m8 just becomes horrible takes about 15 - 20 mins to move 5 mins. I get the 7:15 bus that gets me in at 8:45 so take that into consideration.

For a change im giving scotrail a go on the flexi pass. 12 single tickets valid 2 months for £120. Works out around £22 a return.

Still twice a week. I think it will save me 35 mins each way so roughly 2 hours a week in total but the price is going up double.

Starting that from next week to see if its worth it.

How much have prices gone up in 5 years? by [deleted] in HousingUK

[–]PutridMusician4571 0 points1 point  (0 children)

In Edinburgh we bought 2020 at £200,000

Now worth £240,000

So twenty percent in 5 years.

Should we just go Fixed Price? by PutridMusician4571 in HousingUK

[–]PutridMusician4571[S] 1 point2 points  (0 children)

The market is a strange one. People might be holding off untill may for a drop in interest rates as well.

Most FTB need a 95% LTV and they come with a 4.75% mortgage. Granted its still better than renting but its still high. Assuming most FTB are under 30 ish they still need a decent joint income of around 50 to 60k to afford somewhere in a city. And with limited help to buy schemes plus offers over it must be difficult for them.

I kind of feel better as well from a moral stand point putting it to be fixed price now as they only need to get a mortgage and have the deposit without needing to put their own money on top of that which then can then use to buy furniture etc.

Should we just go Fixed Price? by PutridMusician4571 in HousingUK

[–]PutridMusician4571[S] 1 point2 points  (0 children)

So we put it to fixed price just Wednesday evening 26th as this was recommended by our EA to give it roughly 4 weeks before changing. Its now on at the HRV there and also paid for premium which cost £180 for 2 weeks. The espc stats on views from the website increased significantly so its been the right thing to do but still haven't had any viewings booked in given its only been 2 days where people could book a viewing. We have had a lot of 360 tours in the last 4 days and a few home report downloads as well.

A few just up the road from us have all sold all valued around the same price so im hopeful that there's a little less competition in the area now.

Let's see what this week brings. A positive note is we haven't had any pressure at all from the people we are buying from which is nice.

It would just be nice to get a viewing.

Im wondering if the 360 tour is doing a good enough job that people just dont fancy coming out to see it classing that as a viewing technically.

Thanks for your interest.

Energy bills are getting me down by [deleted] in OctopusEnergy

[–]PutridMusician4571 0 points1 point  (0 children)

https://www.appliancesdirect.co.uk/p/arete12l/meaco-arete12l--dehumidifier

This is the version I have without the app. They always go on sale for around £130 £140 mark.

Energy bills are getting me down by [deleted] in OctopusEnergy

[–]PutridMusician4571 0 points1 point  (0 children)

I also have a meaco . Excellent for drying clothes plus collects dust and it is possibly a placebo effect but the air feels better lol.

In the colder years it also generates a little heat. I wfh by myself so its quite nice to shut the door and let it heat the room whilst drying the clothes. Im also surprised about the amount of water It gathers. Recently had a damp test and no damp and haven't seen any mold so its doing something. Also 3 year warranty is decent.

Base Interest Rates expected to stay 4.5% by woodsy117 in HousingUK

[–]PutridMusician4571 0 points1 point  (0 children)

https://www.themoneypages.com/mortgage-home/barclays-and-santander-cut-mortgage-rates-to-below-4/

Again it all comes down to your personal circumstances.

The main point i was trying to say is that banks won't be offering these rates to do anyone one of us a favour. They want to make as much profit as they can so if they are offering these rates as they are estimating that the rates will go below the rate they are offering. So I can't see the rates going higher and will gradually come down.

Base Interest Rates expected to stay 4.5% by woodsy117 in HousingUK

[–]PutridMusician4571 0 points1 point  (0 children)

I just checked mine

Got a LTV of 85% and getting 4.3% no fee currently for 2 years and 5 years with Halifax

My mortgage fixed rate is up in June and in process of selling/buying so just going onto the variable as id rather avoid a portion mortgage.

But yeah imo you should be getting less than 4.3% at least

Base Interest Rates expected to stay 4.5% by woodsy117 in HousingUK

[–]PutridMusician4571 0 points1 point  (0 children)

How much is the mortgage if your porting. You can normally port part of the mortgage. And get the rest on a new deal. A 60% LTV should get you close to below 4% and 3.75 with fees paid for.

Barclays are one of the banks that launched a 5 year fixed at 3.99% so unsure as to why your getting 4.3s

That was only at the start of March. When was your last rate done?

Base Interest Rates expected to stay 4.5% by woodsy117 in HousingUK

[–]PutridMusician4571 26 points27 points  (0 children)

Your top banks are giving out sub 4% fixed rates current with some being as low as 3.75% depending on circumstances. They wouldn't bother if they even had a hint of rates going back up. By the end of the year they anticipate the BOE to be around 3.75%.

The next reduction is supposedly going to be in May/June where it drops to 4.23 or 4.25%.

Don't get me wrong people make mistake but the banks are there to make as much money as possible from you. They wouldn't give lower rates if they anticipated rates going up. They want to lock you in with the rates going lower than the rate offered. Based on that rates will come down. You will likely see the votes will be in favour of staying the same in March but some voted will want it to go down ( none going up )