MattN

People are there own worst enemy anyway.

I lived on a new build estate last year, people seem to love the area and the developer has increased it's prices by 7-8% but, people are buying the 'second hand' ones for a 20% premium. People paid 215k new according to the land registry (and that doesn't show and discounts given by the developer) yet <12 months later the same house are selling for 250-260k, but the developer still has some at 230k just not ready for a few months. People will pay a 40k premium to move in a couple of months early. Crazy stuff.

OllyK

Well if you want to get on to the housing ladder, you have to be prepared to find something that matches your means, if that means starting out in a rough area, then so be it, in fact if you're cunning about it, you look for places that are due for some regeneration, buy cheap and watch the prices rise as money gets spent in the area.

The trouble is so many FTB's seem to want a nice 4 bed detached in a leafy suburb with a BMW on the drive and then complain when their £30K pa income won't support that lifestyle. It's a case of being realistic, there are plenty of houses out there.

njkmrs

Jealousy is a very ugly disease !!!