royalmike
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About royalmike
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I'm calling it... Prices have peaked (again)
royalmike replied to Sausage's topic in House prices and the economy
Looking to buy at the moment due to a change in circumstances, was hoping for some big reductions. Had two viewings in Lambourn Berkshire last week now both STC https://www.rightmove.co.uk/property-for-sale/property-93030857.html https://www.rightmove.co.uk/property-for-sale/property-77763163.html Also two in a completely different area Teignmouth https://www.rightmove.co.uk/property-for-sale/property-73312666.html https://www.rightmove.co.uk/property-for-sale/property-72077065.html Will have to see if they all complete weren't on the market for long and I wanted 100k of all of them any decent property in the areas I have been looking at are all going STC very quickly. Can't believe the prices some are fetching getting fed up now. Any way other than Land Registry to see when sold and completed? -
Yes noticed that seems the normal for prices in this area for nice detached homes most have multiple reductions long before corona virus hit. https://www.rightmove.co.uk/property-for-sale/property-77923474.html this sold for 545,000 2006 now on for 499,950 House price crash started early in South Devon
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royalmike started following Teignmouth, Devon
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Hi Looking at buying probably from Autumn onwards up to 18 months had a look round Teignmouth, Devon Holcombe couple days ago seems have most of what we are after. So any local knowledge on the area /property market, will be cash buyers any ware up to 550000 but hopefully less Seems even before covid there were many properties with multiple price drops This looks nice https://www.rightmove.co.uk/property-for-sale/property-73312666.html?backListLink=%2Fuser%2Fshortlist.html%3Fchannel%3DRES_BUY%26page%3D1%26sortBy%3DDATE_ADDED%26orderBy%3DDESC&onetime_ShowNotes=true
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No traffic put me off renting in Hungerford
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Wouldn't put it past them, but if they do pound is going to come under pressure result interest rates up inflation
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Cant see why the stock market has had such a big rally, mass unemployment recesion / depresion on its way many dividend paying stocks cancelling the dividend makes no sense to me must be government stimulus. Would think once the USA elections are over in November there will be one almighty crash. maybe then a buying opportunity
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Final nail in the coffin
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Coronavirus - potential Black Swan?
royalmike replied to LetsBuild's topic in House prices and the economy
So which currency should we all be in? -
Will Corona virus cause a house price crash?
royalmike replied to reddog's topic in House prices and the economy
Would think it would this virus is going to cause a recession and big stock market crash why would house prices not fall. Survival is going to be much more important than moving house. -
Possibly over 10-20 years you would be fine but for a number of reasons UK and world economy's have changed plus Lots of oil and energy companies in there, will they still be around. Only 28 of the original 100 companies remain listed on the FTSE 100. that were there when it started in 1984
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Yes but will those dividends be maintained if we have a world recession
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Forget Buying Overseas, Rent Your Way Around The World
royalmike replied to soldintime's topic in Living overseas
Good for you sounds great life, do you have a blog or website with your adventures? -
Coronavirus - potential Black Swan?
royalmike replied to LetsBuild's topic in House prices and the economy
British Columbia -
Hi, Any Salisbury residents still about as have a new job was looking for rental properties, wondering if anyone had an insight into demand and pricing at the moment , also any areas to avoid.