Please tell me more houses will come onto the market in the next few weeks!

[Lolly567]

Just been obsessively checking Rightmove every hour for pretty much the past six weeks and getting a bit frustrated! I really hope it’s true people wait till September to list their houses!

Closest new build to us have all gone apart from 3 houses that are in an awful position.

They were priced between £800 and £1.8 million and were sold prior to a brick being laid.
Out of the other that came on since April all have gone apart from one which again has serious issues that no amount of white walls and oak floors will make a difference.

But we are in a tiny hamlet very very close to London and because things rarely come up for sale they get snapped up.

In the past 20 years apart from the new builds only 6 houses have ever been sold.

I do think people need to sell and buy in order to relocate. Very few people would have the money to rent as well as paying a mortgage

This is a small Taylor wimpy site just outside of south east London. The original site was built 10 years ago and the 4 bed houses on there are priced the same as the new builds now

The end is in sight for HTB. I feel sorry for all the buyers who are going to be trapped in those properties in negative equity, possibly forever.

HTB was a stupid idea from the start - just inflated prices for builders. I'll not be sad to see it go nor feel sorry for those who didn't look at what they were buying into

I just don't understand how people are expecting to find up to 240k to pay the government back in 5 years

The problem is that estate agents are all competing against each other for instructions, so will value high to get the business. Sellers then sign up for 12-14 weeks. The sellers then feel that they are losing money when a realistic offer comes in. They are not. A house in only worth what someone will pay and that is often affected by the mortgage valuation.

I’m listing mine next week because I was too busy in the holidays so that’s one more in the mix

Well I hope it's my area cause so far for a hopeful September it is not looking good..

I have friends looking too who have now decided to stop looking until the new year. I can't give up but I kinda wish I could cause I'm finding it so disheartening

Lovely house came on this week but with rent a roof solar panels another one with fields behind it and husband has decided that he doesn't like that - I'm loosing the will to live!!!

Hi
Just a suggestion but you best bet is to go and see agents, some in north east don't even use rightmove due to the costs involved, also try zoopla and onthemarket
Hope this helps

I have been looking all year and because of a specific criteria that is a non negotiable we have only come across 2 potentials that were sold within an hour.

I hear of all these houses that are hanging around on the market for weeks but the ones I want are gone before I can get there

I think good quality houses on at reasonable prices will always sell quickly.
Round here it's just overpriced rubbish that's been on for coming up to a year now left.
Very frustrating

@Oliversmumsarmy that is so frustrating. We've been the same looking for 9/11 months now two that we would have wanted to buy and that's it.

One didn't get the chance for a second viewing the second sold for more than we wanted to pay first time around, cane back in the market offered what the vendors wanted first time around ended up in and loosing a bidding war... I was a tiny bit relieved in the end as it ended up a bit like eBay where you've offered more Then you want and feel it's worth !

Since then nothing just rubbish houses that are selling cause you wouldn't want to live there... and hanging about as so expensive

I keep hearing how prices are falling and houses are hanging around for months.

In my experience anything I want to look at gets sold straightaway. If I am not on Rightmove by 9am then it is gone or in the case of one house I rang at 9am, was in my car for the 50 minute journey and was rung at 9.27 that someone local had viewed it and made an acceptable offer

I am looking at a huge area so not restricting my search to a few towns.

Even in my own area nothing is hanging around unless there is a damn good reason and no amount of Porcelanosa bathrooms and kitchens can make up for the position they have been built in.

My friend is the same. She lives 50 miles away and she can’t find anything.

It isn’t even lack of funds. There just isn’t anything else suitable out there..

Friend was looking but although asking prices aren’t rising there, nothing is hanging around because there is nothing else available

Going to view a house this afternoon that's not been on the market long and had a price drop. Wish me luck.

All week I have been looking at apartments in the area.

We’ve decided to sell my current one and buy one after Christmas. So far I’ve seen some advertised in my local paper and online too. Prices for many houses are expensive. I can’t afford any in the area.

I’m a university student. I’ve got a viewing next Tuesday for a possible apartment near here. Hopefully I’ll decide whether I want to take it or not when I see it this week.

What questions should I ask?

I think I belong on this thread now! Accepted an offer on our house, the house we want won't budge on price and what they want is out of our budget. Hoping something comes up but if it comes to it I'd rather stay put than overstretch ourselves or make massive compromises and regret it? Aaagh this is supposed to be the fun part!

I think less and less is coming on... and it's been that way all year

@Alexalee I honestly believe you are right

What's making me laugh in my area is buyers having a house on at a set price eg today it was at 150k now it's been 'reduced' to offers in excess of 145k - that's the same thing in my book.

I'm getting pretty depressed at the lack of quality houses for sale. This weekend we viewed two that didn't even have gas plumbed in the houses! They all seem to be pretty run down at the moment here

What has October brought for you?
On Monday and Tuesday this week a lot that haven't sold have been reduced, the market is definitely falling.

Still nothing moving or coming on in my part of south east london

I'm in London too but the other side and there have been more reduced today. I'm pleased, I feel like we may be able to get something better than we imagined!

The market around here is dead. We're viewing everything that comes up and it's not quite right, but 'everything' is still only three or four houses in a 1 mile radius of where we want to be (deepest South London). Ours has been on the market and there's not much happening but luckily we're not reliant on that selling to buy somewhere else. We're considering just sitting for a while and seeing what happens post-Brexit.

I'm feeling the opposite frustration. We're first time sellers looking to relocate. There's not much coming up where we're moving to, but there's a great house on the market and ours just won't sell! It's only been on the market a month but the whole market just seems really quiet.

Eggofman we are first time sellers too and it took months for ours to sell, eventually had to reduce it too. Hang in there. Are you getting viewings?

I just don't understand how people are expecting to find up to 240k to pay the government back in 5 years

I know. I looked into HTB and just couldn't see how the sums worked unless the property market was hugely rising.