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Knight Frank predict a 3% rise this year - but I'll believe that when I see it.

https://www.theguardian.com/money/2024/jan/15/uk-house-prices-on-track-to-rise-3-in-2024-says-leading-agent

We are looking to buy at the moment. I expect prices may well settle back a little over the next year. But knowing the optimum time from a purely financial perspective (ie the bottom of the market)...

I'm too old for a mortgage...

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Hopefully it will be OK for you - though we recently enquired about selling our house and despite a crazily high suggested value (up more than 35% in two years and local houses selling like hotcakes)...

It was probably something raised by the buyer's survey - either through the general caveat about getting the circuitry checked that the basic surveys contain or because the surveyor thought there...

The advice we acted on when buying a house last year was use the details sent from the solicitor by snail mail.

In late July a house nearby (Suffolk Coast) came on the market at 900K - within a couple of days it disappeared from Rightmove. It's just back on the market at 975K.

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Great stuff!

I hope your offer goes well. But if not, unless you need to move urgently, I wouldn't get too stressed about it. Firstly because I strongly suspect that prices will ease towards the end of the year...

Quite possibly - several had been on the market for over 12 months, so there certainly seems that current interest has outstripped demand (for now, at least)

Where we have just bought (Suffolk coast) there were around 10 properties for sale in the village three months ago. Now they are all sold or STC - most of this happened in the last month.

Thanks very much [emoji106]

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We complete on our purchase on Friday. We got a decent reduction on the asking price (though I am pretty sure it will be worth less at the start of next year). But where we are buying (Suffolk Coast)...

I don't follow this... the new stamp duty on a £535K house is £1750 (though it does jump to £17800 if it's a second home - https://www.stampdutycalculator.org.uk/ )

Thanks for the heads up about their estimates - I'd always assumed that they were just that and couldn't take into account the precise state of the house etc etc

For anyone interested, they...

I have to say, we are very pleased - though we simply couldn't have afforded any more, so it wasn't canny negotiation on our part, just luck that the sellers were prepared to accept what we could...

That's never been my experience - fees have always been based on a percentage of the final selling price. Though accept it may be in what sounds like a local duopoly

I think pricing houses is as much an art as a science - taking in the seller's attitude to negotiation, need to sell or otherwise, own views on what it's worth, market trends etc. The house we now...

I'd say just being a bit optimistic rather than dim ;)

It depends how important it is to you to sell at the moment and how much they were asking you to accept. I went to see a house recently priced at 695 - I felt it was overpriced and offered 640. That...

15k is the most you can save