Had the house valued today

[EternalOptimist]

Whats the score with HIPS ? have they gone by the wayside now, or are they still required ?

[Spacecadet]

a contractor who bought in 2008 in Newport, and have lost over 65%, in a 'desirable development'.

New builds, and especially apartments have been hit the hardest. Even in Manchester, new build city centre apartments have lost 50% of their value

[Spacecadet]

Whats the score with HIPS ? have they gone by the wayside now, or are they still required ?

Gone, much to the anguish of the people who spent £1000's on the training courses

[Mich the Tester]

I just want to hear of estate agents going bust and becoming bankrupt and then destitute and then dying on the streets from disease and hunger.

Not a good idea. Better for them to die from disease and hunger in some isolated place where the rest of us don't have to smell them.

[conned tractor]

I think I'd be quite happy with a 20% where we are. Have you heard of property bee? You can add it to firefox and it shows you how much houses have dropped whilst being listed. Property snake is a good site too. I started thinking about it, used these sites and it's helped me face the facts house prices did drop from 2008, and in some cases heavily. I mentionew yesterday a contractor who bought in 2008 in Newport, and have lost over 65%, in a 'desirable development'.

Have a look at rightmove with property bee installed, and property snake and I think you'll be surprised.

I'm an old time HPC'er and the aim was to STR in 2008 but it never happened as we got pissed off with packing up our stuff ready to move and then it falling through.

[Zoiderman]

Gone, much to the anguish of the people who spent £1000's on the training courses

had to buy one even though within 6 weeks they were no longer going to be needed....

[AtW]

I just want to hear of estate agents going bust and becoming bankrupt and then destitute and then dying on the streets from disease and hunger.

[Mich the Tester]

Whats the score with HIPS ? have they gone by the wayside now, or are they still required ?

The what? I am living in foreignland and am unfamiliar with this concept; please be informing me.

[Zoiderman]

I'm an old time HPC'er and the aim was to STR in 2008 but it never happened as we got pissed off with packing up our stuff ready to move and then it falling through.

We're STR, but still have one house left we can't shift, so it's rented out. Moving abroad in May, however and we'd prefer it to be gone. Luckily we made money on the other two, not as much as we could, but I am a touch concerned the one we have left will simply slowly drop in value to erode all the equity. We've got 65%, but I can see half of that disappearing if things really do go tits up, which would irk me somewhat. The horrible part is just sitting here watching it happen...

[DimPrawn]

I'm not worried, in fact I want house prices to drop to a more affordable level.

But I can't help that sinking feeling of knowing that it has lost 20% in 3 years.

Property only ever goes up.