Originally posted by SimonMac
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Reply to: This is a local shop for local people
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Previously on "This is a local shop for local people"
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Originally posted by malvolio View PostSpoken like someone with zero knowledge or awareness of small community reality. Especially in the more poorly paid parts of the country.
And a £100k loan for someone on minimum wage. Yeah, that will work...
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Originally posted by malvolio View PostYou really need to understand the depth of feeling in those communities - not just Cornwall but any holiday area - where house prices are driven out of reach of the locals by part-time second homers who contribute to the community for about 12 -14 weeks a year on average and make it impossible for those communities to survive since the next generation locals can't afford to live there.
Hardly surprising people have limited sympathies with or tolerance for outsiders.
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Originally posted by Gibbon View PostAre you being deliberately obtuse?
The first is overcome by living onsite in a caravan or with local relatives etc, you can finance for modernising you know, where the Bank will release stepped payments. You're just looking for obstacles not solutions.
The second is hilarious, I want the tossers money but I don't want him in the village.
And a £100k loan for someone on minimum wage. Yeah, that will work...
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Originally posted by malvolio View PostOh do grow up.
Buy an uninhabitable property for market price, spend £100k modernising it and sell it as a second home for as much as you can. The problem with the locals is they won't have the £100k or be able to afford two homes while the work is done.
Or you have your granny's cottage lying empty, so sell it for £90k to a local or £190k to some tosser from the Smoke.
The first is overcome by living onsite in a caravan or with local relatives etc, you can finance for modernising you know, where the Bank will release stepped payments. You're just looking for obstacles not solutions.
The second is hilarious, I want the tossers money but I don't want him in the village.
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Originally posted by ladymuck View PostDubai? Ugh.
Italy may be better value (and not cos of that).
I would definitely buy in or around San Sebastian, northern Spain, but that's only because I haven't been down south yet - Jerez and Cadiz were on the to-do list before that came along and scuppered my plans. If I were to buy abroad, I would need to be close to the sea (ok Jerez isn't that close but, close ish).
Ohhhh hang on
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Originally posted by GhostofTarbera View Post
Italy may be better value (and not cos of that).
I would definitely buy in or around San Sebastian, northern Spain, but that's only because I haven't been down south yet - Jerez and Cadiz were on the to-do list before that came along and scuppered my plans. If I were to buy abroad, I would need to be close to the sea (ok Jerez isn't that close but, close ish).
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Originally posted by courtg9000 View PostI used to live in one of those. Prices absolutely sky rocketed at one point. Pity the ex-wife got it in a divorce settlement
On another note I spoke with a local estate agent here in Warwickshire this morning. He told me that he has had a surge in enquiries from people in London who are being put on full time WFH now and can live pretty much wherever they want. A place I saw online which he has on the market over the weekend was revised UP by £40k this morning. City/Wharf can be done in 2 hours from here. Looks like our peaceful hamlet will have an influx of "barclays bankers" soon
But I’m looking for France/Spain/Dubai
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Originally posted by ladymuck View PostExcellent! They can all naff off and those of us who want to live in London will be able to afford something
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Originally posted by courtg9000 View PostI used to live in one of those. Prices absolutely sky rocketed at one point. Pity the ex-wife got it in a divorce settlement
On another note I spoke with a local estate agent here in Warwickshire this morning. He told me that he has had a surge in enquiries from people in London who are being put on full time WFH now and can live pretty much wherever they want. A place I saw online which he has on the market over the weekend was revised UP by £40k this morning. City/Wharf can be done in 2 hours from here. Looks like our peaceful hamlet will have an influx of "barclays bankers" soon
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Originally posted by vetran View PostI grew up in a Surrey commuter village. Even with good wages most of us couldn't afford a house because so many were moving out of London.
Problem is everything has a value, it is what people are prepared to pay for it.
On another note I spoke with a local estate agent here in Warwickshire this morning. He told me that he has had a surge in enquiries from people in London who are being put on full time WFH now and can live pretty much wherever they want. A place I saw online which he has on the market over the weekend was revised UP by £40k this morning. City/Wharf can be done in 2 hours from here. Looks like our peaceful hamlet will have an influx of "barclays bankers" soon
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Originally posted by Gibbon View PostWho sold the homes at inflated prices in the first place? Plus there is no min price for a house, locals could sell to locals at a reasonable price.
Buy an uninhabitable property for market price, spend £100k modernising it and sell it as a second home for as much as you can. The problem with the locals is they won't have the £100k or be able to afford two homes while the work is done.
Or you have your granny's cottage lying empty, so sell it for £90k to a local or £190k to some tosser from the Smoke.
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