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Original poster

Housing market london nothing for sale

16 replies

sellersmarket · 30/03/2022 08:44

The age old question...When will there be stock coming up for sale?! Specifically in SE London. We've been looking in Hither green, ladywell, etc. We're constantly being outbid by cash buyers - it feels like we don't stand a chance as anything that does come on is snapped up by FTB - even if we're the highest bidder. The other day we got beaten by someone who got given a 70% deposit by mum and dad that day 😅

We're looking for a 3 bed w a garden. Our budget is just over £700.

Does anyone have any experience of when there seems to be an influx of stock in these areas? Sorry - 2nd time buyer and a bit of a rookie.

OP posts:
Bear2014 · 30/03/2022 09:31

I know! We're researching now looking to move this time next year. Not your area but also SE London. In the specific area we want there are 2 things currently for sale in our price range, neither of which I would want to view. I thought people were supposedly leaving London in their droves?! Not around here.

Jackiebrambles · 30/03/2022 10:37

Same, also SE London we haven't put ours on the market yet because there's naff all to buy and we don't want to be stuck! I know we just need to go for it though, I think a lot of stuff could be going off market.

JDuplio · 30/03/2022 12:46

Stock is low but most properties are being sold off-market. We had a lot of viewings on properties before they reached Rightmove or Zoopla. Take a look at an Instagram page called Whereshome. They helped us and are currently discussing this topic in detail.

Bear2014 · 30/03/2022 13:15

Oh really? That's interesting. I can't find the Instagram page, would you be able to link to it please? I definitely get the impression that there's something we're missing as we hear about people moving out of London all the time.

Original poster
sellersmarket · 30/03/2022 19:23

@JDuplio

Stock is low but most properties are being sold off-market. We had a lot of viewings on properties before they reached Rightmove or Zoopla. Take a look at an Instagram page called Whereshome. They helped us and are currently discussing this topic in detail.
Interesting! I know KFH do a lot off market for sure. I can't find the Instagram page would you mind linking?
OP posts:
Doubleraspberry · 30/03/2022 19:29

Our house is currently for sale in SE London. We are the exception to the rule (and may be one of the things a PP doesn’t want to buy!). It’s a lovely house, in a nice place, and the cheapest on the market in the area for its size. Not in the area you’re looking though, OP. Feeling very despondent at the lack of love for it. We are so sad to be selling it but do wish someone would buy it!

CBB2021 · 30/03/2022 19:30

Following as haven’t put ours on the market as there is nothing to move to! Also in SE London! Thought more would come on after Xmas and now waiting for a spring rush!

Original poster
sellersmarket · 30/03/2022 19:49

@Doubleraspberry

Our house is currently for sale in SE London. We are the exception to the rule (and may be one of the things a PP doesn’t want to buy!). It’s a lovely house, in a nice place, and the cheapest on the market in the area for its size. Not in the area you’re looking though, OP. Feeling very despondent at the lack of love for it. We are so sad to be selling it but do wish someone would buy it!
That is so sad, we felt the same when we had ours on the market. Don't lose hope - it only takes one person to love it. Where abouts are you listing? Sending love and luck x
OP posts:
StuckInARug · 30/03/2022 20:00

Have you seen the house just gone up for sale
on Marsala road - a little above your budget but seems to fit what you’re looking for! It’s on on the market

StuckInARug · 30/03/2022 20:02

How do you get to go on off sale viewings!?? We’re on the list of most estate agents. Do you need to keep calling them every week?

We’re also looking in SE London, but want a larger house (4 beds) and nothing coming up that’s not £1.5m or more 😭

movingandgrooving · 30/03/2022 20:10

We're about to go on the market (also SE London) but I'm really nervous as I'm hardly seeing anything come up in our price range to move to.

We have had a few off market viewings on our current place though (currently getting ready to put it on the market) - we got 4 valuations and we've had off market viewings from 3 of them (not that they've come to anything though).

Sleepthief · 30/03/2022 20:13

I'm SE London (Forest Hill/Sydenham) and know of loads of houses currently for sale, with several more about to come onto the market. I don't know how fast they're selling (my nearest neighbours have been on for at least a month), and they might be a bit above your budget - minimum £800k - but there is no shortage round here!

Doubleraspberry · 30/03/2022 20:30

@sellersmarket thanks, we’re listed (just about) in the usual places but made a bit mistake I think with our choice of agents. It’s been a catalogue of disasters.

@StuckInARug ours is a 4 bed but not 4 doubles unfortunately. Far less than that though!

JDuplio · 02/04/2022 13:17

@sellersmarket
www.instagram.com/whereshome.co.uk/

kirinm · 02/04/2022 16:43

Are any of you looking at SE15? Market seems very slow and I don't think I can face price wars.

Doubleraspberry · 02/04/2022 19:23

This reply has been deleted

Message withdrawn at poster's request.

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