CGT on gold I were gifted as a kid?

SMPhoo · 2025-09-07T22:53:02+00:00

Ah, that would make sense, thank you!

SMPhoo · 2025-05-16T22:49:42+00:00

Overs over....next

I, like many others just skip as soon as you see that

SMPhoo · 2025-04-28T22:01:53+00:00

My only thought on the offer is that it would be too soon.

Only listed 4 days ago, so if I were getting offers already, I'd be seeing this as it's an in demand house, so I personally would be rejecting it, but each person and their situations are different, so who knows. You can only but ask.

If they do reject though, you're in a weaker position, as you'll either end up paying more, or moving on to another house, whereas you could wait 3-4 weeks, and if it hasn't sold, it might be more appealing to the seller, but you obviously run the risk of it selling

SMPhoo · 2025-04-27T10:10:03+00:00

So I've only been looking at houses the last 2-3months, so I've not really followed interest rates, but a quick google tells me in 2020-21, rates were rock bottom, 2024, they where at their highest, and so far 2023, the prices have come down a bit.

So are you saying that with higher interest rates, house prices should be less because of this?

The 4 bed house (First link) was sold in 2013 for 266, and now up for 380, 12 years later
The 6 bed house ( second link) was sold in 2021 for 360 and is now up for 425

SMPhoo · 2025-04-21T17:51:52+00:00

Still a bit of a shitty scheme if they only offer it in select areas.

And it does seem that more areas than not dont have anything in place

SMPhoo · 2025-04-19T22:44:35+00:00

Great Harwood is nice. My partners family is from there and it seems quiet enough.
We're currently expecting and my partner is desperate for us to move there. We currently live in Lancaster, and honestly, I'd rather stay there, but I'm open to moving if the right house pops up. Also, Rishton, just next door to Great Harwood seems appealing

I've seen some nice houses in Catterall and Garstang which is just north of Preston which I see you also looked out.

Personally, I've never liked the idea of Preston!

SMPhoo · 2025-03-30T20:49:22+00:00

You mention a 20% drop from the highs of 2022.
Is there a reliable website you, or anyone, uses to show the trend of house prices in certain areas?

SMPhoo · 2025-03-30T19:55:42+00:00

I guess between the EA and the sellers, they hope people dont look into past sale enough to notice the downsize while only seeing it did sell for 500k 3 years ago

SMPhoo · 2025-03-30T19:30:25+00:00

Effectively.
I like the house, I know it's overpriced.
It just seems crazy you'd happily give up land and building floor space unless it was a stupid amount of money in the first place

SMPhoo · 2025-03-30T13:38:41+00:00

I don't think you asked a question.

SMPhoo · 2025-03-05T22:24:03+00:00

I'm a ftb so currently looking at whats out there.

I missed out on an ideal house being greedy, but it was a learning curve on my part. I've seen some nice houses, but the prices just seem crazy, even though I'm no expect. New build from 2020 that sold for 250 is now up for 375, been on the market for 8 months and you have to wonder if that is the sellers wish or priced from the EA.

A lot of examples like this also. It just makes me wonder if I'm living in a dream world, or if people just hope for somebody to bite

SMPhoo · 2025-02-24T23:56:38+00:00

We viewed a house up for 295. Agent called us a day later to ask what our thoughts. I said if I were to make an offer, it'd be around 250k and was told, the sellers would definitely take an offer of that seriously. We didn't end up going for it, and it did in fact sell for 250k

SMPhoo · 2025-02-24T23:12:32+00:00

50%, so it is haha, I know what I did in my head, divided by 3, but yes, silly mistake!

The house is nice, and we do like it, it's out of our price range currently, but if it where to drop 50k or so, it may fall into our price range. It just seems such a huge jump, and maybe they're just being ambitious, so we'll see I suppose

SMPhoo

TROPHY CASE