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Work starts on the eagerly awaited new Foxtons office on Brixton Road

Mr Retro

Beware hedgehogs
Foxtons, who we are renting through have been on to say they will be around to inspect the place. Fair enough, this is in the contract and I welcome it so there will be no hassle when we fuck off.

However despite eleventy ten requests we don't yet have an inventory. So what's the point in the inspection when they have nothing to compare the state of the flat against. We could knock down the gable end and tell them this is what it was like when we moved in.
 

Rushy

AKA some / certain posters
Foxtons, who we are renting through have been on to say they will be around to inspect the place. Fair enough, this is in the contract and I welcome it so there will be no hassle when we fuck off.

However despite eleventy ten requests we don't yet have an inventory. So what's the point in the inspection when they have nothing to compare the state of the flat against. We could knock down the gable end and tell them this is what it was like when we moved in.
This is in your favour.
 

Mr Retro

Beware hedgehogs
This is in your favour.
I agree. I'd rather things were done as they are supposed to though. Probably just been living in the Netherlands too long.

It irritates me that Foxtons are probably charging the owners a fuck load to rent the place out for them but not giving the owners what they promised them. As I say we could have thrashed the place and there would be no come back. Or we could make it very difficult at least.
 

Cowley

Well-Known Member
Is there anywhere left in South London that still represents value for money? I was looking at Tooting last weekend and even there the costs are unbelieveable. Love to buy a 2/3 bedroom place somewhere centralish that won't cripple us with a mortgage. Doesn't look possible.
Nowhere. Seriously...long gone are the days where you could escape to Zone 3/4 and buy a nice House for a reasonable price.

Saying that, the current generation have no problems splashing Half A Million on a 2 bed Victorian flat. It's bonkers IMO.
 

Manter

Lunch Mob
Nowhere. Seriously...long gone are the days where you could escape to Zone 3/4 and buy a nice House for a reasonable price.

Saying that, the current generation have no problems splashing Half A Million on a 2 bed Victorian flat. It's bonkers IMO.
On which planet does the current generation have no problem with that? Most can't do it and those that do are often doing it with help and reluctance because they feel they have no choice
 

Winot

I wholeheartedley agree with your viewpoint

CH1

"Red Guard"(NLYL)
Weirdly, I did not receive your alert - nothing there.
I'm not sure why I was tagged?
I tagged those who normally comment on the price/value/quality of properties in the area. A minority taste I know, but I was wanting to know how maisonettes in Bavent Road compared in your humble opinions.
 

Cowley

Well-Known Member
On which planet does the current generation have no problem with that? Most can't do it and those that do are often doing it with help and reluctance because they feel they have no choice
Nobody likes spending vast amounts of money on Property and nobody is forced to either.

The fact that "some" people are "willing" to part with 500K to live in a Quarter of a House in most parts of Zone 2 London is beyond comprehension IMO. Regardless of whether they are bank rolled by the "bank of mummy and daddy" or not, the sums of money for a first time buy are simply ludicrous given the type of property that you are purchasing.

I accept the situation is dire...but nobody is forced to buy a house and not at these sums. We all have choices.
 

Smick

Strictly Second Class
Nobody likes spending vast amounts of money on Property and nobody is forced to either.

The fact that "some" people are "willing" to part with 500K to live in a Quarter of a House in most parts of Zone 2 London is beyond comprehension IMO. Regardless of whether they are bank rolled by the "bank of mummy and daddy" or not, the sums of money for a first time buy are simply ludicrous given the type of property that you are purchasing.

I accept the situation is dire...but nobody is forced to buy a house and not at these sums. We all have choices.
If we hadn't bought when we did, in 2011, we'd never have been able to buy in this area now. Our rent would have increased to several hundred more than we are now paying on rent.

The choice I could see was pay high rent with no guaranteed tenure, buy an expensive flat or else move out to the sticks, live in a boring ukip town and pay several times my monthly mortgage payment for an annual train ticket.

If I had the choice of a reasonably priced council property with a guarantee that I could stay there as long as I needed it, I'd have taken that. But that seemed like a lottery win.

What is your housing situation Cowley?
 

Cowley

Well-Known Member
If we hadn't bought when we did, in 2011, we'd never have been able to buy in this area now. Our rent would have increased to several hundred more than we are now paying on rent.

The choice I could see was pay high rent with no guaranteed tenure, buy an expensive flat or else move out to the sticks, live in a boring ukip town and pay several times my monthly mortgage payment for an annual train ticket.

If I had the choice of a reasonably priced council property with a guarantee that I could stay there as long as I needed it, I'd have taken that. But that seemed like a lottery win.

What is your housing situation Cowley?
I understand where you are coming from Smick and in some ways are in the same situation.

I've been a house owner since 2000, I initially bought a 1 bed in Stockwell, sold, then bought a 2 bed on a road off Brixton Hill, then sold and bought a 3 bed house in Streatham where I have been since 2006.

I admit it was a lot easier/affordable back when I bought, it wasn't cheap...but the prices were a lot more in line with your average wage/cost of living, I.E the cost of property being 4 times greater than the salary me and my Fiancee earnt. I have managed to move up the ladder each time due to HPI but have moved further out each time. Rents were pretty crazy back when I bought too, but buying definitely made more sense at the time from a financial point of view.

My mini rant was due to me seeing the young having this obsession with having to live in Zone 2/near to Central London, especially given the crazy house prices and rents....

These days Brixton is a "prime" area for the young and trendy, to buy in Brixton or many areas in Zone 2 is a luxury. It's out of reach of many people so you move somewhere further out, not necessarily out into the sticks, but to an area slightly further out that is less glamourous.

When I was buying my first property in 2000 I would have quite liked to live in Central London, I accepted that I couldn't afford it and bought a place where I grew up in Stockwell.

When I hear people say, people have no choice it's clearly not true...what people need to do is be realistic about where they can afford to live be it buying or renting.
 

Smick

Strictly Second Class
Because we're not from London, we wanted to be in as interesting and diverse community as possible. I'm in danger of sounding like Foxtons myself here, but to me, there was no point in moving to England at all to live in the Home Counties. I've got friends in Hertfordshire, Billericay, Tunbridge Wells. Admittedly,I haven't been to visit most of them, but the thought makes my skin crawl.

Most friends living outside the M25 know fewer of their neighbours than I do. And you go to their one good pub and it costs a fortune for a burger and a pint. And the reason? It's close to London. Doesn't make sense to me that close to London is more expensive than actual London.

So when I came here, I did what I could to live as close to town, and as close to a neighbourhood which had a bit of life as possible.
 

leanderman

Street Party: July 2
My mini rant was due to me seeing the young having this obsession with having to live in Zone 2/near to Central London, especially given the crazy house prices and rents....
When I hear people say, people have no choice it's clearly not true...what people need to do is be realistic about where they can afford to live be it buying or renting.
I don't think any of the young people you talk about would disagree with you.

They know the facts, that they can get more for less further out.

But if they want to live close in, they have no choice but to pay crazy money.
 

Smick

Strictly Second Class
I don't think any of the young people you talk about would disagree with you.

They know the facts, that they can get more for less further out.

But if they want to live close in, they have no choice but to pay crazy money.
If I were a youngster, I'd rather live in a bedsit in Brixton, Stockwell, Camberwell than have a two bed out in Croydon.

You're only young once.
 

Cowley

Well-Known Member
I don't think any of the young people you talk about would disagree with you.

They know the facts, that they can get more for less further out.

But if they want to live close in, they have no choice but to pay crazy money.
Which is exactly the point I made, youngsters don't have a problem paying through the earth to live centrally.
 

Cowley

Well-Known Member
If I were a youngster, I'd rather live in a bedsit in Brixton, Stockwell, Camberwell than have a two bed out in Croydon.

You're only young once.
I would and I'm not a youngster. I don't think the choice needs to be living in Zone 2 or living in Zone 6 but using comparisons like that makes the debate pretty much redundant.
 

Mapped

London town
We've now got them at the other end of the Victoria line. I think they opened on estate agents row in Walthamstow last week and they've already got 2 houses on for over £900k. Absolutely mental.

This is the bathroom for one they've got on for £995k. Gorgeous isn't it?

http://www.foxtons.co.uk/search?location_ids=856&property_id=932114



My retired neighbour is being forced out of her home by her deceased partner's daughter and probably won't be able to get anywhere locally now with this property market madness :(
 
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