I agree.
I have just sold my place with the intention of downsizing. I had a buyer for mine quickly and a new high price for my house design of which there are 7-8 others of the same design on the road.
My buyers lost their buyer due to a concern over interest rates and risk of the employment market becoming tight in the next few years. They have done a great job in getting it back moving again. It would appear the established and larger end of the market is moving but the chains have weak roots speaking to my solicitor. Properties which are more marginal (flood risk or other fears) are taking a bashing on price. Also the difference between asking price and what they are changing hands for is becoming daft. A quite decent house near me was put up for £800k and exchanged hands for £720k and this seems to be becoming common.
Ahh days of old, oh god, take me out and shoot me now....
Last edited by Alistair; 16/05/25 12:45 PM. Reason: Muppet cannntt spill like always.
