NI Housing Market - Media Agenda

clarshack · February 20, 2008, 04:27:56 PM

Quote from: Abble on February 20, 2008, 01:12:49 PM
no matter what they're charging - they're the biggest crooks in the business !! FACT

agree. pure scumbags.

pintsofguinness · February 20, 2008, 05:28:08 PM

Quote from: downtown on February 20, 2008, 03:24:59 PM
Quote from: pintsofguinness on February 20, 2008, 01:28:13 PM
As I said downtown, experience.

Well im talkin from experience and i no solicitors charge more than estate agents - FACT!!

Two properties I know off sold just before Christmas.
The Solicitor's fees were something around £600 and £700 (not including the outlays) and the Estate agents fee for one was around £1,600 and the other £2,350 (not including outlays) - how do you explain that?
They were two different estate agents too.

It's getting very common that the estate agents fees are double, sometimes triple, the solicitors fees which is absoloutely ridiculous - it should be the other way around.

THE MIGHTY QUINN · February 20, 2008, 06:15:13 PM

Quote from: balladmaker on February 20, 2008, 09:22:38 AM

All a matter of opinion, I wouldn't describe a £20K reduction over a 6 months period as being dramatic. Now if they had said a £70K - £80K average reduction, I would agree that this was 'dramatic'.

Jan 2007 £197K
July 2007 £250K
Jan 2008 £231K

I think you're over simplifying things here. Remember its a £20k drop following a £50K rise, so technically instead of houses rising by £50k as they did the previous quarter they dropped by £20k so in essence this could be viewed as a £70k fall.

balladmaker · February 20, 2008, 09:38:32 PM

QuoteI think you're over simplifying things here. Remember its a £20k drop following a £50K rise, so technically instead of houses rising by £50k as they did the previous quarter they dropped by £20k so in essence this could be viewed as a £70k fall.

Not over simplifying anything, just dealing with the actual facts.

How. in any logic, can it be viewed as a £70K fall??? It can't have fallen by 50K just because it didn't go up by £50K for it to fall again.

Chrisowc · February 21, 2008, 12:18:25 PM

Quote from: johnneycool on February 20, 2008, 11:06:25 AM
The vast majority of first time buyers just can't get mortgages for the values being asked by developers and the likes. The days of 125% mortgages and 4 or 5 times your salary are gone.

That kind of lending is pure madness. One of the reasons why Northern Rock are in the mess they are in.

heganboy · February 21, 2008, 01:24:03 PM

northern bank is the most secure bank in the land, its now backed by the Bank of England, all monies guaranteed. Its also having more savings and investment deposits than any other bank in the UK.

Not doing to bad...

pintsofguinness · February 21, 2008, 05:56:19 PM

Well downtown, no answer for me?
Who's "totally wrong"?

Chrisowc · February 21, 2008, 07:35:06 PM

Quote from: heganboy on February 21, 2008, 01:24:03 PM
northern bank is the most secure bank in the land, its now backed by the Bank of England, all monies guaranteed. Its also having more savings and investment deposits than any other bank in the UK.

Not doing to bad...

Exactly. I was talking about Northern Rock. Heard a women on the radio the other day saying they gave her a 125% Mortgage and a £30k unsecured loan. The mind boggles!