lord_seagrave Posted January 22, 2016 Report Share Posted January 22, 2016 For the second time this week, our viewing has been cancelled within 24 hours of my booking it because a sale has been agreed on a property within a couple of days of coming to market. Good times if you are selling in Stony, but not so much fun if you're trying to buy. If any of you chaps want a quarter of a million quid for a modest 2-bed cottage, please drop me a line. Cash, and a whinging 18-month-old, waiting! LS Quote Link to comment Share on other sites More sharing options...
Vince Green Posted January 22, 2016 Report Share Posted January 22, 2016 Thats normal with the housing market at the moment. And people offering OVER the asking price too! How bizzare is that? Quote Link to comment Share on other sites More sharing options...
AVB Posted January 22, 2016 Report Share Posted January 22, 2016 I share your pain. It's lack of supply that's the problem. We have been looking to buy in or around Norwich for the last 9 months. Have given up now. Houses in the right locations were going for more money than i was prepared to pay and lots of bidding wars that I wasn't prepared to get involved in. Yet there are many houses that have been on for in excess of a year and the prices have steadily fallen. As they say location, location, location. We're moving back to the Herts/Essex border. The price differential between there and Norwich wasn't significant. And my commute will be easier! Good luck Quote Link to comment Share on other sites More sharing options...
islandgun Posted January 22, 2016 Report Share Posted January 22, 2016 there plenty of 2 bed cottages here but the commute might be a bit wearing Quote Link to comment Share on other sites More sharing options...
Zetter Posted January 22, 2016 Report Share Posted January 22, 2016 (edited) Unfortunately round here Stony Stratford is the hip place to be at the moment a lot of people like it as it still has that old town charm while being slap bang next to Central Milton Keynes with all the commuter routes. My daughter attends the dancing school down there and when I drop her off I am amazed at how busy it is night life wise in the evenings. To be honest all round Milton Keynes things seem to be going mad house sales wise, when I walk the dog you see houses put a sale board up one day and wham its sold the next, also these arnt two and three bed houses they are big double garage 5 bed places......... Edited January 22, 2016 by Zetter Quote Link to comment Share on other sites More sharing options...
FalconFN Posted January 22, 2016 Report Share Posted January 22, 2016 It's always been that way here. Buying our first flat in the late 90's we were gazumped twice, I've never paid under the full asking price and we only got our current house as the nice lady who sold it turned down a 30k higher bid because she wanted a family to move in. It's a cutthroat business even without lying estate agents in the mix. Good luck though, something will turn up in the end. Quote Link to comment Share on other sites More sharing options...
PhilR Posted January 22, 2016 Report Share Posted January 22, 2016 We lived in MK for twenty years. We put our house on the market last January and had four offers at asking price before details were published in the local paper or on the internet. So that's purely the agent's clients on the books. It was a 4 bed house, double garage and large garden in the catchment area of a good school, so I understand. We had one self employed buyer fail as couldn't get the mortgage required, the next buyer stepped in still at asking price and we moved out to a village in Northants in June. Houses here certainly sell at a slower pace than MK. Quote Link to comment Share on other sites More sharing options...
bruno22rf Posted January 22, 2016 Report Share Posted January 22, 2016 Have you thought about Winslow? - only 10 minutes away and a new Railway line is on the cards. Quote Link to comment Share on other sites More sharing options...
cocker boy Posted January 22, 2016 Report Share Posted January 22, 2016 Unfortunately quarter of a million quid is not what it used to be !. Quote Link to comment Share on other sites More sharing options...
oowee Posted January 22, 2016 Report Share Posted January 22, 2016 Bletchley is the way to go more potential for uplift. Quote Link to comment Share on other sites More sharing options...
lord_seagrave Posted January 23, 2016 Author Report Share Posted January 23, 2016 Looking at Whitchurch and Winslow too, as well as Harrold and Odell on the other side of Olney. We looked at a house in Lavendon which Lady Seagrave loves, but the sound of the A509 and A428 combined is too loud for me. Basically, what we want is a period property less than 90 minutes drive from W2, and within 20 minutes of Stony. At least 2 bedrooms and a good garden. Quiet location and backing onto fields ideally. To be honest, we are part of this very First-World problem. We're remortgaging one of our London lets (which is now "worth" nearly three times what I "paid" in 2007) to finance our second home in the "country". None of the money is really ours - it would take us decades to even earn (let alone save) the money to buy a house outright. As Mungler and others have said, borrowing is so cheap at the moment that it seems ludicrous to let any of the equity in property just sit there. But it's that cheap borrowing which is driving demand, which is pushing up prices, which is increasing equity... When it all comes metaphorically tumbling down it won't be pretty. Mr Carney, if you are reading this, perhaps it's time to raise interest rates! LS Quote Link to comment Share on other sites More sharing options...
dead eye alan Posted January 23, 2016 Report Share Posted January 23, 2016 Good luck with yore search its a hard area to get into with only 250k have u thought of flats? or mobile homes or lodges at billing aquadrome. Quote Link to comment Share on other sites More sharing options...
Diceman Posted January 25, 2016 Report Share Posted January 25, 2016 Stony is a lovely little town but 250k won't buy much there these days unfortunately. I've just bought a 3 bed cottage in a village about 3 miles away, I had to make an asking price offer straight after the viewing on the first day it was on the market and even then it was touch & go. I was the 8th viewing and there were another 15 viewings booked for the following day. For my own reasons I wanted to buy in this village only and it took me 3 years for the right one to turn up, so I was very keen to get it! 2 bed with no parking and tiny garden went for about 190k here last year so you might be lucky but you have to be quick and if you love it, make an offer on the spot! Good luck with your search, assume you have set up alerts on all the right move / zoopla etc sites? Quote Link to comment Share on other sites More sharing options...
Diceman Posted January 25, 2016 Report Share Posted January 25, 2016 Forgot to say...Beachampton, Calverton (upper, lower and middle wealds!), Nash, Whaddon, Horwood (great and little) Thorrnton, Thornborough, all round the corner from Stony and you can't go wrong with any of these. And Winslow of course, similar to Stony as a large village/small town and very nice. Buckingham is worth a look too, a little bit cheaper I would say but nothing wrong with it. Quote Link to comment Share on other sites More sharing options...
lord_seagrave Posted January 26, 2016 Author Report Share Posted January 26, 2016 Thanks Diceman, yes all the alerts and whatnot are set up. I recall your good advice when we were looking in Whaddon a few years ago. We're looking at a couple of places in Whitchurch next week, but we may have to be quicker off the mark if we're to have any chance. LS Quote Link to comment Share on other sites More sharing options...
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