Found another house.........

[Donna]

Its a tough time at the moment with not enough houses for buyers.... we are seeing lots of over asking price offers and two or three people fighting over a house....

Nothing can be done about it though, as the law stands in England. It's no one's fault - the vendors obviously wont turn down good money (nobody would), the agents work for the seller so they want to achieve the best price, and the buyers get desperate so up their offers.

Wish you all the best Charlie.

[Jac]

Third time lucky Charlie. Everything crossed here to.

[tilly]

i hope this third house is better.
SAlly

[charliebubs]

Originally Posted by Donna

Its a tough time at the moment with not enough houses for buyers.... we are seeing lots of over asking price offers and two or three people fighting over a house....

Nothing can be done about it though, as the law stands in England. It's no one's fault - the vendors obviously wont turn down good money (nobody would), the agents work for the seller so they want to achieve the best price, and the buyers get desperate so up their offers.

Wish you all the best Charlie.

It's not like that here Donna. There are loads of houses on the market, in fact its flooded with the upcoming HIP.

However, there are so many investment buyers out there that anything under £160k is getting snapped up by them, leaving the rest of us fuming!!!!!! The amount of houses that I ring up to view and they have already sold

I know that it's no-ones fault.

I do understand the system as I'm a Licensed Conveyancer, but it doesn't make it any easier!!!!!!

[Erin]

Everything crossed here for you Charlie xx

[Donna]

Originally Posted by charliebubs

It's not like that here Donna. There are loads of houses on the market, in fact its flooded with the upcoming HIP.

However, there are so many investment buyers out there that anything under £160k is getting snapped up by them, leaving the rest of us fuming!!!!!! The amount of houses that I ring up to view and they have already sold

I know that it's no-ones fault.

I do understand the system as I'm a Licensed Conveyancer, but it doesn't make it any easier!!!!!!

Something has got to be done about all the buy2let mortgages and investors who just wanna make money renting it out. We have seen a dramatic increase in this area but as an office we prefer to see FTB's and so on buy the houses as there is a chance we will get it back to resell at a later date (investors tend to keep their properties for years for rental income).

Good luck Charlie

[charliebubs]

Originally Posted by Donna

Something has got to be done about all the buy2let mortgages and investors who just wanna make money renting it out. We have seen a dramatic increase in this area but as an office we prefer to see FTB's and so on buy the houses as there is a chance we will get it back to resell at a later date (investors tend to keep their properties for years for rental income).

Good luck Charlie

Thanks Donna!

I can see how awful it would be to be a FTB - they don't really stand a chance against all the investors.

If it carries on this way all houses will be owned by investors and we'll all be renting from them!!!!!!!

Anyway - I have seen another one that I like and am going back for a second viewing tonight, so might be making an offer......................watch this space!!!!

[Sweet]

Fingers and paws crossed for you x

[dandysmom]

Fingers crossed here also! It;s so frustrating, isn't it? Third time lucky!!

[Mags]

Here's hoping Charlie!