Frederick Posted March 14, 2009 Share Posted March 14, 2009 What an eye opener ! having scanned through whats on offer in the way of houses in the UK that are being sold due to being reposessed ...I note that for a two up two down Coronation St type house prices start from £3.000...Quite a few houses in the £18.000 to £22.000...range...Everything from flats to farmhouses today on reposession sale room web sites. from Cornwall to Scotland ...........so sad for the people involved ...but somebody will step in and get a bargain ... Link to comment Share on other sites More sharing options...
pouyade Posted March 15, 2009 Share Posted March 15, 2009 Could you post the link?ThanksPouyade Link to comment Share on other sites More sharing options...
Frederick Posted March 15, 2009 Author Share Posted March 15, 2009 I wish I could but not good at that .....just google "reposessed houses for sale UK " then wade through the sites...or "UK reposessions " and wade through them there ....and the cars as well ! sorry cant do the link thing ... Link to comment Share on other sites More sharing options...
Russethouse Posted March 15, 2009 Share Posted March 15, 2009 To do the linky thing :Just hold your mouse over the address bar at the top of the page - right click, select copy. Come to the forum open a reply box, click in it and right click again, select paste.Highlight the link text and click on the ball and chain icon, on the post tool bar, click OK and that should be it.... Link to comment Share on other sites More sharing options...
Frederick Posted March 15, 2009 Author Share Posted March 15, 2009 http://www.repossessed-house-sales.co.uk/Russethouse .....you have made an old man very happy ! .......now go find your holiday cottage or flat in Cornwall Link to comment Share on other sites More sharing options...
odile Posted March 15, 2009 Share Posted March 15, 2009 we have just sold our house - 23% of last year's asking price. We were very lucky to sell in the present climate. Just bought a flat as a pied a terre -20% asking price. C'est la vie. Terrible for those being re-possessed. Link to comment Share on other sites More sharing options...
Russethouse Posted March 15, 2009 Share Posted March 15, 2009 Do you mean 23% off last years asking price or really 23%of last years asking price [:-))] Link to comment Share on other sites More sharing options...
odile Posted March 15, 2009 Share Posted March 15, 2009 Sorry typo! Minus 23% the price when it was first put on the market last year - thank Goodness (well compared to other option!!) Phew. Link to comment Share on other sites More sharing options...
Gastines Posted March 16, 2009 Share Posted March 16, 2009 I'm amazed that the Gordon Brown Empire didn't pass a few of the Bankers Billions to the local councils to buy up these properties. The families could have stayed in situ,rent received from the now tenants would be greater than interest for the council. At least it would deter the councils investing in Iceland.A huge increase in social housing stock would have been created and last but not least ,the ordinary folk in the UK might have least have an asset for the at present invisible,billions. I presume all the families repossesed are having to be re-housed or put in B&B at the councils expense?This I can foresee as another problem causing a rise in peoples feelings against all the handouts available to immigrants to the UK,legal or otherwise.Regards. Link to comment Share on other sites More sharing options...
woolybanana Posted March 16, 2009 Share Posted March 16, 2009 Social housing no, but part ownership which gives people the chance to buy the place over the longterm. Link to comment Share on other sites More sharing options...
Gastines Posted March 16, 2009 Share Posted March 16, 2009 Wooly by name but not by nature.Yes ,your idea makes more sense. I cannot understand how the banks make any profit or headway the way they deal with this problem. Saying that the majority of the problem seems to have been caused by Bankers and their lackeys trying to earn the available bonus. I still don't understand what G.B. and his puppet Darling are getting for the taxpayers cash? Adding to the Banks pot so the Bank can balance their books have enough funds to lend so the Banks earn the interest and bonus? Still I suppose if I understood the finer details I wouldn't be asking where has it all gone wrong?Regards. Link to comment Share on other sites More sharing options...
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