red devil

You could always try one of those cost comparison websites such uswitch... haggis Wrote: ------------------------------------------------------- > Hi, I was just doing a search for southern > electric east dulwich and came across your > conversation. A man from there came to my door > yesterday and put up a very convincing argument as > to why I should switch from EDF to SE... he said > 85% of properties in this area are already using > them and it's much cheaper.. Does that seem > reasonable? I am a new first time flat owner so no > experience in these matters.

Despite falling rents/interest rates, unemployment rising etc, Grainger have seen fit to ask me to stump up an extra 10% for my rent, welcome to the world of the corporate landlord...

SteveT Wrote: ------------------------------------------------------- > red devil wrote:- the best indicator of current > values is still the estate agent windows. > > > > > The best indicator remains the same as always, it > is what someone will pay you for it, and that is > determined by how quickly you need to move house. I was talking about general values not one-off scenarios, who in their right mind would make an offer on a property without first researching local values, you need to do some homework even before making a 'cheeky offer' to a distressed seller, or else how would you know you were making a 'cheeky offer'?...

Zoopla shouldn't be taken too seriously, I checked out a flat I own and after 'refining their estimate' mangaged to add ?35k to the price by confirming it had full central heating and wood floors! Also noticed that the upstairs flat which has an identical layout with the addition of a small box room above the entrance staircase was worth ?50k less!...the best indicator of current values is still the estate agent windows, not ifs, buts and maybes...

Hi Alice, it was actually a fire escape for the top floor flat, the garage went across the full width of the garden so anyone fleeing a fire had to go through a gate in the fence and through next door's garden!

The freeholder of a flat I used to own on Barry Road tried to sell a small plot of land with a garage at the bottom of the garden, I think he used it as a getaway from her indoors! It had separate access from Tyrell Road. I know he tried to get planning permission for a 2 bed house and was unsurprisingly turned down. Burnett Ware Graves had it on the market for around ?40k (I reckon prices are back at that level - summer '06), might be worth checking with them to find out if he managed to sell it.

TFL Journey Planner

ID Theft Hotspots

properties like this on the open market used to be few and far between, they tended to get put into auctions, but I read recently that a third of auction lots are remaining unsold so it's going to become a lot more common...

Don't think the falling market accounts for all of the 41% drop, this property was on the market well before the recent downturn (about 18 months ago), can't remember the price but think it was around ?225k, an agent at the time told me it had major structural issues which would set a buyer back circa ?30-40k, obviously the owner didn't get a structural survey when they bought it in '06, bit of a double whammy though, structural problems and a falling market, at this price it looks like the owner has lost the battle and the mortgage company is trying to offload it quickly, indeed a sign of the times...if it was new build it begs the question why the buyer didn't have any readdress re. the structural problems e.g. NHBC certificate, or even their own building insurance, my hunch is that the 'builder' rode off into the sunset on his horse, buyer beware! benmorg Wrote: ------------------------------------------------------- > ibilly99 Wrote: > -------------------------------------------------- > ----- > > > http://www.rightmove.co.uk/viewdetails-17014261.rs > > > p?pa_n=1&tr_t=buy&mam_disp=true > > > > Land Registry > > 14 Mar 2006 5a Dunstans Road, Southwark, > > London,Greater London SE22 0HQ Flat (New build) > > Leasehold ?250,000 > > > > > > ouch > > > it is quite shocking and I think a sign of the > times. I hope the owner is OK.

AndrewDBlack Wrote: ------------------------------------------------------- > Quite simply, the more agents there are, the > fewer > properties they each get to sell and so they > have > to offset this will higher fees > > I am not an economist but I thought things worked > the other way round. The more agents there are > means more competition so they have to reduce > prices to get the job. Andrew, basic 'O level' (yes, I'm really that old) economics also taught me the mantra about supply and demand determining prices, but what I've found with estate agents, regardless of how the general market is performing, is that they are open to negotiation, it's the way they and the whole buying/selling process operates. gh is right about the oversupply of EAs on LL affecting the choice of other retailers, but what is interesting is that in the 3 years I have lived in ED I can only remember one EA (Uniplan) leaving the main LL drag (roundabout to Cop Shop) and only 1 arriving (Foxtons - boo hiss!) despite the up/downturn that has occurred in that time, so perhaps it has found it's natural level, only time and the current downturn will tell. I think most EAs will survive this downturn as their income from lettings has risen sharply to help compensate. Maybe an agent like Halifax will suffer as they rely on sales only, but the upside for them is that they have a steady supply of bargain mortgage defaults!