Anyone buying/selling a house right now?

[GB9]

The SE is different. It is still shooting up.

Up here it's been stagnant but since the vote 3 properties I have been looking at have sold. Feel good factor is back.

[SuperZ]

The SE is different. It is still shooting up.

Up here it's been stagnant but since the vote 3 properties I have been looking at have sold. Feel good factor is back.

Considering scaling back on my already small BTL portfolio and tentatively put a flat up for sale through non-advertising (just told letting agent to mention it to potential buyers) and have an investor cash buyer booked in to view it early next week. Price agent mentioned is £10k more than I'd be happy to let it go for so keeping fingers crossed.

Hard decision as it turns a decent profit each year and it's on a long term low mortgage rate but I'm getting older, live in another part of the country now, and owned it since 1998.

Although it's only one viewing I was expecting Brexit to kill the market for the time being.

[TanyaWWW]

I'm still buying

I had an offer on a small 2-bed house in Manchester accepted a couple of weeks ago. I always told myself I'd back out of any sale if Brexit happened... but it's a BTL investment and the numbers work to positively gear it so I haven't stuck to that resolve - the place is 100m from a tram stop and properties like that don't come up often (so I'm telling myself)

I'm rolling with Soros's advice and being greedy when other people are fearful. I'd expect the market to quieten, but not die - brits still move house. Any poor EU folk aren't really going to join the housing ladder right now.

Anyone looking to shrink their portfolios with property in the Salford area, get in touch

[FatLazyContractor]

Anyone looking to shrink their portfolios with property in the Salford area, get in touch

That sounds like NLyUK's home turf.

[fullyautomatix]

I had an offer on a small 2-bed house in Manchester accepted a couple of weeks ago. I always told myself I'd back out of any sale if Brexit happened... but it's a BTL investment and the numbers work to positively gear it so I haven't stuck to that resolve - the place is 100m from a tram stop and properties like that don't come up often (so I'm telling myself)

I'm rolling with Soros's advice and being greedy when other people are fearful. I'd expect the market to quieten, but not die - brits still move house. Any poor EU folk aren't really going to join the housing ladder right now.

Anyone looking to shrink their portfolios with property in the Salford area, get in touch

Hmm, another GittinsGal sockie has somehow sneaked through Cojack.

[ChimpMaster]

Carney's message yesterday was one of loosening monetary policy again, with a drop in interest rates being one of the likely tools in his armoury. Along with additional QE this will only serve to stock assets such as property and stock markets.

The policy will further weaken Sterling and this will lead to more foreign investment into the UK, perhaps the return of overseas property buyers, which I'm already hearing of.