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Reply to: BTL Uber Doom

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Previously on "BTL Uber Doom"

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  • rootsnall
    replied
    Made the Daily Mail

    http://www.dailymail.co.uk/news/arti...f-paid-it.html

    Leave a comment:

  • rootsnall
    replied
    Originally posted by sasguru View Post
    Yum yum. Look at all those luvverly properties. I'll bide my time though - we haven't seen anything yet ...
    Not many lovely ones in there !

    I thought a few years before any sign of a bottom and buying opportunity but the rate of collapse is looking quite impressive. The mortgage lending figures out today are quite scary and point to uber housing doom.

    Leave a comment:

  • Bagpuss
    replied
    here's something you'll never forget

    Nice!

    Leave a comment:

  • sasguru
    replied
    Yum yum. Look at all those luvverly properties. I'll bide my time though - we haven't seen anything yet ...

    Leave a comment:

  • Bagpuss
    replied
    They are part of the sequence group and own several estate agencies (all have the same logo for some reason)

    Same was true of last Allsops auction and a few others I monitor

    Leave a comment:

  • rootsnall
    started a topic BTL Uber Doom

    BTL Uber Doom

    http://www.barnardmarcusauctions.co....t_Auction.html

    Prices taking a bit of a battering in the current Barnard Marcus auction. Its mostly repos and the sort of stuff that people have been BTLing rather tahn upmarket stuff. Anything decent is just UNSOLD to you can't really see how badly that has dropped. New build flat prices have collapsed, the other stuff is back to values of I'm guessing 2003, or atleast back to the prices before the latest boom of the past 2 or 3 years.
    Tags: None

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