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Wednesday, 31 July 2013

Quick sale is a good sale for home sellers

THE longer a home stays on the market, the more heavily it is likely to be discounted, meaning a quick sale is a good sale for the vendor's wallet, research shows.    A Real estate analysis firm said vendors holding out for a better price on their properties tended to end up giving greater discounts when compared with those who accepted early offers. "One ...

Wednesday, 24 July 2013

Brothers buy £450,000 house to find it filled with rubbish

A landlord who paid £450,000 for a town house found it was piled with rubbish after 40 years of hoarding. The 10 rooms in the four-storey house were buried with books, children’s toys, clothes, old newspapers and discarded furniture Photo: Red Williams/Archant Mehmet Koch, 33, bought the north London town house at an auction without viewing it. He...

Wednesday, 17 July 2013

Consumers being misled over quick house sales, OFT warns

Consumers who want to sell their houses via so-called "quick sale" companies are in danger of being misled, according to the Office of Fair Trading (OFT). Quick house sale providers offer to buy houses in as little as seven days, but at a discount to the full market value. The OFT is warning that homeowners may receive much less for their property than it is worth. "Any...

Wednesday, 10 July 2013

UK’s cheapest homes to sell for just £1

THESE are Britain’s cheapest homes – set to go on sale for just a POUND.   The Victorian terraced houses were originally bought for as much as £70,000 EACH – but are now being offered at the rock-bottom price to DIY enthusiasts. Each buyer will have to prove they can bring the house up to scratch using “construction skills” before they can own the property. Homes...

Wednesday, 3 July 2013

Family devastated after house sale falls through at last minute and £20,000 is wiped off value... because Japanese knotweed is growing on council land behind their garden

A homeowner has had £20,000 wiped off the value of his family home - after a surveyor said it was under threat by Triffid-like weeds growing behind his back garden. Father-of-one Ben Metcalfe, 35, had put his two-bedroom mid-terrace property on the market at £100,000 and after two years thought he had got a buyer. But the sale fell through at the last minute after a...