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London House Prices Surpass 500,000 Pounds for the First Time

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  • Whorty
    replied
    Originally posted by Andy2 View Post
    many investment companies and pension funds own lot of properties
    They will have taken a battering then. How much you lose?

    Leave a comment:


  • GigiBronz
    replied
    Originally posted by GhostofTarbera View Post
    Look around Masthouse pier (great for commuting into the city every day on boat) or 15 min walk to CW

    Great walks by the river and nice and quite
    We've just put in an offer at £1600 for a 2 bed 2 bath in the Millharbour Building, it has a 650sq ft outside terrace. 5 min from South Quay DLR.
    For the first time the agent seemed to be helpful and suggested that the LL could be happy with the offer.

    Fingers crossed...

    Leave a comment:


  • ladymuck
    replied
    A well maintained older property can be lovely. I love art deco era housing but the crittall windows can be draughty and not very warm unless you go for modern replacements. I'm also a fan of Victorian and Georgian era builds. Most modern white square boxes made with stud walls you can't hang anything on do absolutely nothing for me.

    Leave a comment:


  • Lockhouse
    replied
    Originally posted by PCTNN View Post
    I'm with the Chinese on this one.

    I'm watching a lot of George Clarke stuff at the moment and it's shocking what people pay for period properties that are ugly and not made for modern living.

    You see them say "oh we love the period features..." while they point at a cracked and filthy piece of cornice or a discoloured painted glass window.

    Just a bunch of tossers wannabe posh.
    In your opinion of course. It'd be a rum do if we were all the same.

    Leave a comment:


  • PCTNN
    replied
    Originally posted by SueEllen View Post
    A former Chinese colleague of mine was shocked when I said in London older properties had more value. She explained to me that anything more than about 60 years is bulldozed and rebuilt as no-one who is Chinese wants such an old property.
    I'm with the Chinese on this one.

    I'm watching a lot of George Clarke stuff at the moment and it's shocking what people pay for period properties that are ugly and not made for modern living.

    You see them say "oh we love the period features..." while they point at a cracked and filthy piece of cornice or a discoloured painted glass window.

    Just a bunch of tossers wannabe posh.

    Leave a comment:


  • Lockhouse
    replied
    Originally posted by GhostofTarbera View Post
    Look around Masthouse pier (great for commuting into the city every day on boat) or 15 min walk to CW

    Great walks by the river and nice and quite


    Sent from my iPhone using Contractor UK Forum
    I rented in Burrells Wharf by Masthouse a good few years back when I had a long hours contract at RBS in Surrey Quays. The missus used to come up to London some weekends if I didn't go back. As we sailed on the Clipper in the sunshine under Tower Bridge, en route to a dozen oysters at Pont de la Tour, she remarked "I really love London" - I rolled my eyes.

    Leave a comment:


  • ladymuck
    replied
    Originally posted by GhostofTarbera View Post
    Look around Masthouse pier (great for commuting into the city every day on boat) or 15 min walk to CW

    Great walks by the river and nice and quite


    Sent from my iPhone using Contractor UK Forum
    I sometimes wish I lived near a Clipper (oh, it's Uber now) stop. The Chelsea one doesn't operate very often so I have to schlep up to Westminster

    Leave a comment:


  • NotAllThere
    replied
    £500,000? That's what - 610'000 Swiss Francs.

    So cheap!

    Leave a comment:


  • GhostofTarbera
    replied
    Originally posted by GigiBronz View Post
    That's why I am here for... the discount. Can't seem to be able to access it though...

    I am looking with a friend for something more modest, 2/3 bed 2 bath and fair size.
    It's slightly better in terms of quality than other areas of London and with the discount for now it makes more sense.
    I've been trying to rent on my own but difficult to prove income as unemployed for quite a few months now... probably everyone has seen my rants around here. So would be sharing for now and waiting for things to pick-up.

    Our budget is 1600, we can up it slightly but everything we have found for now is a bit trash.
    One had underfloor heating which was not working (which the LL avoided saying) and the LL was trying to convince us that it is very cosy the property and it does not need any heating. I probably look gullible but I am not that...
    He was asking £1750, it's 12th floor in one of the towers lower than CW, we offered £1500, he said no and we left it there.

    Sure, we should definitely go for a beer. I have a sense that we'll see a lot of each other in the local bars.
    Look around Masthouse pier (great for commuting into the city every day on boat) or 15 min walk to CW

    Great walks by the river and nice and quite


    Sent from my iPhone using Contractor UK Forum

    Leave a comment:


  • GigiBronz
    replied
    Originally posted by Andy2 View Post
    many investment companies and pension funds own lot of properties
    so people's pensions help prop up the market... how ironic

    Leave a comment:

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