Been looking for a modest house in Honor Oak, Brockley, Sydenham or Forest Hill for 9 weeks and we have got nothing. Why is no one selling?
We have sold our place in East Dulwich but found the other SE London neighbourhoods desolate. It's not the same in Walthamstow, Streatham, Tooting, Brixton: for some reason the area we hope to stay in is playing dead.
I'm also getting fed up with KFH who seem to monopolise what is for sale. Their favourite thing is to blame the sun/ interest rates/ Brexit/ mayoral election/ unicorns for why you can't afford somewhere yet cant back up any economic argument. Jerks. They are trying to over-inflate a sensitive market.
I don't understand how this area of London - expecting an 8% rise this year - have owners expecting to sell for 100k more than a similar place would be less than one year ago. Thats not 8%. Most of the houses we have seen are simply not worth it. In fact, the one place we did 'get' failed its mortgage valuation twice, as two lenders were pretty clear that the house wasn't worth it. Makes me feel a bit better.
Please or to access all these features
Please
or
to access all these features
Join our Property forum for renovation, DIY, and house selling advice.
Property/DIY
SE London: what is going on?!
3 replies
sellotape12 · 22/05/2016 19:33
OP posts:
Please create an account
To comment on this thread you need to create a Mumsnet account.