to think all this nonsense about house prices being too high is just that - Nonsense!

[RazahFluffy]

DH and I have long been in the property game. We actually met whilst working as Estate Agents back in 1999!

I've seen a lot in my time as an agent - 2008/2009 were a bit of a blip, but overall, there's one thing I've always had faith in, and that's bricks and mortar and that prices always go up. They aren't making more land after all 😁

As well as working in property, we've got a few of our own. We started off as accidental landlords after we got together and kept both our homes to rent out when we decided it was time to move in together and find a place of our own. Over time we've added a few more to the portfolio.

We are lovely landlords. We let our tenants have our houses as their homes, and we like to do little things like send them Christmas hampers, and know their birthdays so we can send a card and usually a Pizza Express voucher.

Anyway, there's a lot of rubbish being written recently about interest rates and the economy affecting the market. Nothing could be further from the truth where we are!

It's still buoyant and the buyers registering at the agency are no different to usual - excited to either 'get on the ladder' or move to their next step towards their eventual forever home😊Vendors are still confident. They agree with us that houses are actually a bit too cheap, all things considered because inflation is quite high.

The one thing I'd have to say is if you can't afford a mortgage at the moment - think about your expectations. You might have thought previously that you could afford a 4 bed, but if you can only get a 3 bed for now is that really so bad? First time buyers especially I feel need to be realistic!

Property always goes up and it's no different now. We're really confident and having seen it all in this game, we really think it's time to believe in the market💪

Haven't rtft but you're a goody fucker op.

@nightbulb no sorry, however you dress it up, you are asking for extensive tax relief on your investment you chose to make in property. Should people who hold large share portfolios be given additional relief on dividend taxes for example?

If your investment is now not making you any profit or doing what you require, then yes you sell at a price that you are willing to accept

You're alright so fuck everyone else yeah?!

Did you mean to come across as such an arsehole?

OP is a few sandwiches short of a picnic isn’t she. Estate agent who thinks she’s an economist… sounds about right. Is there a worse profession out there?

What a dick you are OP.

Having read all your posts, the further I go on, the more I am convinced that you are just trying to stir the pot. No one can be so in their own bubble that they can't see the reality of most people around them.

I'm just here for the deletion message.

OP please go back to the bridge you came out from under!

Some areas may be safe of course because they are in prime location and always have cash buyers. Some areas may be badly affected. It could be that prices stay the same for a while and drop a bit. There is hardly anything to rent and people need somewhere to live. A lot of people still making plans to move here from abroad as well.

Most people would be in a good position of staying put so we just have to wait and see.

What I would not do is to wait if I am in a position to buy and find an ideal home. One thing the OP gets right is that property is safe long term so as frustrating as it is people would still be in a position to buy.

"Also some local landlords have also recently enquired about selling in the market, due to what they feel is a shameful 'envy of success', which is a great shame but we have been demonised over the last few years 😓"

I wouldn't call the hoarding of property "success." There's a reason landlords are the first against the wall during a revolution! It's not a noble game.

This this this

Property has been falling dramatically where I love for the last 7 years!

Good grief what is wrong with you OP?!

clearly a troll thread!!

In 1997 I bought my first flat for £75k. I was a teacher, I put down £7.5k deposit (just under a third of my salary), fees and stamp duty were about £1k.
My daughter is now a teacher at the same stage in her career.
That same flat costs 400k today. She would need 40k deposit - over a years salary, and no way would she get a 360k mortgage.
For her to be on the same position as I was, the value of the flat would need to be £200k.

This is not a genuine poster. Stop engaging with them!!

Or it's a joke/reverse thread. But it's not genuine.

The OP and their partner will not have needed to get parents' help.

They will each have bought their properties at a time when prices were affordable and salary multiples will have enabled them to raise the mortgage funding and pay their monthly repayments. As each year their salary rose, it will have made their monthly payments more affordable.

The OP is looking wide-eyed at people, innocently obtusely claiming they don't know what they're saying that is causing offence, while doing the

"but we've worked so hard for our properties, we're sooo worth it",

"just get a better paid job",

"if you want to get on the property ladder just lower your expectations, you can dooooo this"

"let them eat cake" tropes.

thanks so much for the Public Service Broadcast, OP, such insightful advice. Who knew.

My BIL is very senior in international sales for a high class property development and they are seriously concerned about the market right now. And, no offence, probably know a little more than you

Wind your neck in, OP. You’re an estate agent, not an economist.

@TheCatsPyjamas1 once you've had all your parents investments and their pension you could get them to sell their house and give you all the money from that. Offer them a tent at the end of your new garden. If they query it tell them it's ok @RazahFluffy thinks it's a good idea 👍🏻

I honestly can't quite believe what I've just read. The OP sounds like a cult member trying to draw in recruits. What could possibly go wrong?

Take your pizza express voucher and fuck off OP.

People always say they can't find anything. However, this all depends on expectations. Instead of a nice shiny new build, we bought a doer-upper 40 miles away from my work. Is it our dream home, is it big enough for any family expansion, nope? It will take probably the best part of 3-5 yrs to finish.

There will be price corrections in some areas, however much like life for most at the moment adjustments to expectations and decisions are a given.

My favourite part is the Christmas hampers and birthday presents for the tenants.Can you imagine a LL asking when your birthday is? 😂