In one of my rare quieter moments, I often question myself as to why anybody buying or selling a property would use a packaged solicitor recommended by a corporate estate agent. Let me explain. I recently went to a valuation in Cwmbran where the vendor had sensibly asked more than one estate agent to value their property and explain their services with a view to putting it on the market. One of the...
November 2012
.... and the small print taketh away... It is interesting to note that the quality housebuilding company Persimmon released a statement this week confirming something that we blogged about a few weeks ago. Chief executive Mike Farley said that, lending was still, "the number one issue in the industry". The Government New Buy Programme which requires only a 5% deposit, has helped Persimmon attract...
In the modern age that we live in we are just about getting used to LOL, TMI, BRB and NSA but even I am surprised by more jargon on the property market. Everybody know what constitutes a first time buyer but today I have come across a rare species known as a "second stepper"; which after a WTF moment, I realised was the new jargon for someone who is a second time buyer. The actual article where the...
According to the latest research carried out by Ipsos MORI on behalf of Halifax, who are part of the Lloyds TSB group; 35% of home owners asked said that they anticipated an increase in house prices next year. This was markedly higher than the 20% who predicted a decline. My question is: what did the other 45% think or were they simply, 'don't knows'? Although one may be cynical and say that 35% of...
Could you imagine coming out with something such as the statement above to a certain Mr Gordon Ramsay - award-winning chef extraordinaire - when dining at one of his world famous eateries? Somewhat unsurprisingly, it would be met by a mouthful of expletives that would have Mary Whitehouse doing a barrel roll in her grave. And it would be justified - the sentiment expressed - if not the languauge used. ...
