Interesting that you said the residential propert market is seeming to spark back into life my dad is in commercial property and says he's busier than he has been in 3/4 years!
You playing UKPC this week? Good luck if so!
Hey Callum
TBH our market hasnt been bad even since the drop in 2008 as we are in a bouyant area so have never really dropped more than 2.5-5% below 2007 peak prices.
Here are exerts from the local daily newspaper today
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3.3% rise in 1 month incred!
This house is a typical example where
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It came on the market 5 weeks ago at £177500 and we had a vendor of ours looking for a rental investment so we let them see it first and they offered the full asking price but we had 20 people looking to view it as well, 5 weeks on and one of the parties really wants it so despite having never vieewed the home today rings me and offers £195'000 and under the estate agency act I have to submit the offer to the vendor.
Needless to say the vendor has now dropped the other party and the new buyer has put down a £20'000 non refundable deposit that they lose if they pull out of the transaction for any other reason than the property is falling down.
In terms of UKPC I am up tomorrow having binked 2.5 seats
and then back to work Thurs before coming back up Fri for day 2 hopefully or the 6max.
See you up there.
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