Пікірлер

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  @tourrhythmgolf-3to12 күн бұрын

  Might be worth waiting til the budget. There are going to be seismic shocks to the tax eco system for sure so will be adopting wait and see approach til then. If CGT goes up to match income tax rates (as they have moored) there could be a landlord and second homer fire sale.

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  @Ozman6769 күн бұрын

  These guys have no idea what is coming,and when it happens you will be able to smell the shock.

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  @power_bespoke8 күн бұрын

  Only time will tell

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  @RoseDaly111 күн бұрын

  Spot on, prices are much lower. Wait a year or two and you will pay more for a property, makes sense to buy a place at a slightly higher interest rate as in this situation, it will go down. Bought my first place on a higher interest rate and benefited when the interest rate reduced and the equity also increased over time.

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  @power_bespoke9 күн бұрын

  Great move 👌

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  @robertmileyjr44213 күн бұрын

  Nice cleavage! 😎

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  @perspicaciouscritic26 күн бұрын

  But what if no high street estate agent is willing to enter into a rolling contract to sell the flat? Then what? I spoke to four and they all want either a sole agency or sole selling contract.

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  @power_bespoke25 күн бұрын

  Sole agency and sole selling is fine. It's the 12-24 week tie in that isn't fine

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  @perspicaciouscritic25 күн бұрын

  Thank you, @@power_bespoke! I will try and negotiate.

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  @sandcram27 күн бұрын

  She literally just said “it’s your house, but you can’t take that right away from the buyer” Except, he doesn’t want them to view it so…that’s definitely his right

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  @power_bespoke24 күн бұрын

  There's more in the main video. We were speaking about whether buyers who are not in a proceedable position should be allowed to view kzread.info/dash/bejne/oqh-0tOyj7y_YJs.htmlsi=N-4ygTdp1jKD_vue

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  @davegeorge5140Ай бұрын

  If I were to spend £2.2m on my property of a lifetime, I'd most certainly want more distance from any neighbours. Other than that, this is a very nice house.

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  @Aphrodite-sd2mdАй бұрын

  How long do you advise before dropping price and by what %. Been on for 3 months, Priced at 900,000. We have had 14 viewers but no offers, two said they’d offer but not sold. House is disproportionately larger downstairs due to extension. School holidays may mean it’s going to be quiet so considering coming off and going back on in Sep with new agent, new pics. Market quiet in my area. Any advice?

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  @power_bespokeАй бұрын

  It really depends. Rightmove data suggests you'll receive 70% of interest in the first 4 weeks of marketing. This video helps explain that: kzread.info/dash/bejne/ZZp5madsZquxe6g.htmlsi=yKD7tT66tV0d1wb2 It also depends on what the houses you are competing with are doing. Are they selling? Are they reducing to sell? Are things just abit slower. Looking at the backend marketing data, how is your property competing against others on the market? But for sure, a rest off the market is a good idea depending on what your local market is doing. Feel free to book an advice call and a member of our team can give you advice based on your exact situation 😁

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  @mikerodix4800Ай бұрын

  I was searching for some land and found a nice lot but didn't like the price so i made an almost insulting offer of 75% asking price because i honestly didn't think they would accept and hoped it would end the conversation as i was ready to move on. I got it for just a couple grand more

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  @power_bespokeАй бұрын

  Indeed sometimes you've just got to offer what it's worth to you 👌

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  @pppp67567Ай бұрын

  Doesn't sound like a great move. People typically search at the top end of their budget, they are likely therefore offering at the top end of their budget. Also, if someone has offered the asking price why would you not accept?

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  @georginaclark3911Ай бұрын

  Speaking as someone currently looking, we have gone in low knowing we will be negotiated up towards the asking price. We know full well it'll get rejected and we can go upwards if we want to. People generally put their house on for more money than they think they'll get so if you go full asking price when you could have got it for less then you've been a bit hasty.

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  @power_bespokeАй бұрын

  Very few people make their first offer, they're best offer. If the offer is at the asking price but there is a 5 link chain behind them, the seller may not want that and prefer a slightly lower offer with no chain

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  @pppp67567Ай бұрын

  ...unless the market is moving downwards otherwise you might end up in a worse position.

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  @power_bespokeАй бұрын

  Not necessarily. The market is relative. If you're trying to upsized in a downward market, you're better off letting prices fall then buying

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  @picknmix39Ай бұрын

  Dexter's do not mark the properties under offer as under offer at the moment. It's a marketing policy apparently. This makes identifying motivated sellers with them almost impossible as so many old listings are actually under offer.

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  @power_bespokeАй бұрын

  That's a good point. It's quite misleading on their behalf though. Our view is if you have solicitors instructed and people are stating to incur costs, the property should be marked under offer

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  @picknmix39Ай бұрын

  @@power_bespoke totally agree. I'm thinking of referring them to advertising standards authority

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  @picknmix39Ай бұрын

  Nice video, but in the UK the look of the front house is SO important to buyers because the type of house we have is so closely part of our cultural identity and aspirations. We can also tell a lot about the house from the outside - 30s houses are spacious with large gardens. Victorian houses have smaller rooms and often downstairs bathrooms. New houses will be more energy efficient but have little character. The front of the house is vital and if I see an ad with say the kitchen as the cover image, I'm always suspicious!

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  @power_bespokeАй бұрын

  Totally agree, that's why the front of the house should always be picture number 2 or 3 (or number 1 if it is the most appealing part of the house)

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  @just_geoooo2 ай бұрын

  Hi! I am 7 weeks into a 16 week sole selling rights contract and have put in writing to the EA that I would like to take my house off the market as we no longer wish to sell the property. they have basically said we can’t take you off the market due to still being in your 16 week contract. Is this correct? The way I understood the contract, is that I cannot re market the property with someone else in that time? And if I do I will incur a fee which I understand, but I did point out that I do not want to remarket or even sell anymore. Any advice would be appreciated! Thanks

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  @power_bespoke2 ай бұрын

  100% you can take it off the market with them. You are right in your thinking that the 16 weeks just means that if you are wanting to sell it, you can only sell it with them. It's your house so you can do what you want with it, they can't dictate to you. Grrrr estate agents

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  @user-jo6of8bj9d2 ай бұрын

  كويس أول متابع انا

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  @user-py4nq2sv9z2 ай бұрын

  WOW 🤩

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  @cyclist202 ай бұрын

  can you update this for 2024?

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  @power_bespoke2 ай бұрын

  Great idea. Will record soon :)

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  @BartlettEstates3 ай бұрын

  Spot on as usual Perry

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  @power_bespoke2 ай бұрын

  Thanks Phillip 🙏

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  @pamelahall94593 ай бұрын

  A house is only worth what someone is prepared to pay for it.

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  @power_bespoke2 ай бұрын

  Thank is very true 👍

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  @Soulboy633 ай бұрын

  Be even less now Perry

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  @power_bespoke3 ай бұрын

  Totally agree

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  @tourrhythmgolf-3to13 ай бұрын

  irs not an old school crash but a stealth crash. 5% nominal falls inflation adjusted you are looking at 15-20% real falls since peak IMO. Good show bye the way.

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  @picknmix393 ай бұрын

  Hi Perry, appreciate your video. If you agree that prices might go up by 20% in the next 5 years or so, whats your suggestion of where a buyer's 20% extra buying power will come from? Interest rates dropping back to 1-2%? Large wage growth? Government stimulus? I can't see any of these happening myself.

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  @power_bespoke3 ай бұрын

  Out of all those, I think Government stimulus is most likely, they're already talking about stamp duty cuts in the next budget

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  @picknmix393 ай бұрын

  @@power_bespoke Thanks for the reply. I'm one of those praying for no more government subsidy in the form of help to buy, stamp duty cuts etc...for the housing market. As you say it just inflates prices, beyond what a free market can sustain, and therefore makes life more expensive for everyone. I hope those in power realise that the money we all spend on our mortgages is money not going into the economy to generate growth.

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  @power_bespoke3 ай бұрын

  @@picknmix39 Yea I totally agree, it just causes the cycle of boom to bust

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  @g.p6163 ай бұрын

  Your statement that price movement doesn’t have an impact on EA profits is laughable! Do you take your viewers for fools? Everybody knows that a rising market stimulates sales volumes. A rising market: gives buyers the confidence that their asset will appreciate; creates a “buy now” mindset through fear of the market rises outstripping buyers’ financial resources. Apart from that, I heard a lot of good sense.

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  @power_bespoke3 ай бұрын

  The average UK house price is 282k. The average uk estate agency fee is 1.1%. A 10% increase in house price in say 12 months would make the estate agency an extra £310, which would be eaten up by the increased business operating costs in that time too. The point is/was when people say us agents inflate prices for personal gain, they don't do the maths. A good agent should always try and extract the highest price possible from the market for their client as that's their job.

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  @SycAamore3 ай бұрын

  Will be interesting to hear your opinion about Labour coming to power soon. I think investors will dump a huge number of their properties on the market. It will just make zero economic sense to keep these properties with the possible rent controls, new taxation, etc

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  @power_bespoke3 ай бұрын

  Hmmm I try not to predict what could happen with a change of government but what I am seeing is alot of landlords are already selling their properties. Partly due to the strains this government has put on them and partly due to the fact it will likley get alot worst for them with a labour government

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  @g.p6163 ай бұрын

  I don’t get it…. There is no “Withdrawn from market” search option on Rightmove! So your saying these properties can only be found by paying a buying agent, is that correct?

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  @shaggylocs73 ай бұрын

  I would like for you to sell my home in an auction

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  @power_bespoke3 ай бұрын

  We' love to help. Feel free to call us on 01737246777

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  @g.p6164 ай бұрын

  Any Estate Agent’s comments on house prices are completely worthless. All EA have a vested interest in a rising market. Please stop quoting Estate Agent comments.

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  @power_bespoke4 ай бұрын

  Estate agents don't really have a vested interest in prices rising. It doesn't really matter to us whether prices go up or down, as long as people are moving. Any increase in house prices (and so our fee increasing) is generally eaten up by inflation and the cost of doing/running the business

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  @mosam61714 ай бұрын

  Thank you for the advice. However is it a good time to sell a property right now in London?

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  @perry_power4 ай бұрын

  That's a really hard question to answer. It depends on your plans once the property is sold, ie. will you buy on? Bigger or smaller? Will you rent? etc etc My blanket advice is always 'The best time, is when it's the right time for you'

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  @martinjones70974 ай бұрын

  hi do you pay for the reductions to show as i seem to have over used right move now they are asking for 2.99 per month ?

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  @power_bespoke4 ай бұрын

  Yes I pay for the premium subscription 👍

• 
  @PaulRolfe-xt1db4 ай бұрын

  Great hack Perry, this is news to me, a seasoned pro. Thanks

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  @power_bespoke4 ай бұрын

  Every day's a school day for continuous learners like us Paul 👌

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  @smsadirul4 ай бұрын

  Hello Dear Are you looking for a professional KZread thumbnail designer. Let me know please Thanks.

• 
  @sauravshah2164 ай бұрын

  ❤❤❤

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  @GAMING24HOURS6934 ай бұрын

  First

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  @cyclist204 ай бұрын

  Sold mine for asking once dropped to sensible price. I think you are right. Q4 of 2023 was a total bugger though

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  @power_bespoke4 ай бұрын

  Great to hear you sold. Pricing correctly and competively certainly is key

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  @belindapreston97474 ай бұрын

  the fees are very high, he didn't mention that :(

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  @power_bespoke4 ай бұрын

  Hi Belinda, fees are 2%+VAT, you can also opt to charge the buyer but when you do that, they just take the fee off the amount they are prepared to offer on the property

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  @kellywalker44944 ай бұрын

  Lockdowns and all the free cash given out to people that didn’t need it was reckless and unnecessary. Now people are being forced into misery that is more damaging than COVID. The quality of people running the country is very poor, none of them would be able to run a real business.

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  @power_bespoke4 ай бұрын

  It's a challenging situation for sure. We all hope for better days ahead.

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  @angelachanelhuang16514 ай бұрын

  English language

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  @power_bespoke4 ай бұрын

  Sorry what do you mean?

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  @88Myia5 ай бұрын

  You’re amazing. Love all the info in your videos so much. Thank you!

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  @power_bespoke5 ай бұрын

  I'm so glad you find the information helpful! Thank you for your support!

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  @tenniskinsella77685 ай бұрын

  At auction. Does that mean the house needs attention my house does thst mean y dont care a fair price

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  @power_bespoke5 ай бұрын

  Not all houses at auction need attention. Some people place their property in auction just because they need speed and certainly

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  @bogroll18815 ай бұрын

  I'm shocked at how ignorant people are about the most important financial aspect of their lives - their mortgage - 2 years ago when things started going wrong I changed to a fixed rate deal for 5 years - everyone had the same opportunity your stat that 55% are already on these higher rates is hard to understand

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  @power_bespoke5 ай бұрын

  It's surprising how many people overlook the importance of their mortgage rates. Knowledge is power when it comes to finances.

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  @PhantomRaspberryBlower5 ай бұрын

  Sorry i think your wrong on this one. The problem with rates coming down and affordability going up is in reality there's an awful lot of unsold houses in a lot places. Lots of houses have gone on in the last year and a higher price than demand and have not shifted. People have been very very reluctant to reduce the prices. In most places it will take quite a long time for demand to eat up spare capacity and push the prices up. Also lots of reasons to believe that inflation will not actually fall much now and so we are stuck with higher interest rates until at least next year (next government') Without a significant crisis the bank is unlikely to shift to lower interest rates by much at all.

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  @power_bespoke5 ай бұрын

  Thanks for sharing your perspective! It's always interesting to hear different viewpoints on these complex issues. Time will tell for sure and I think it's definitely very localised around the UK and different regions will have differing market activity

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  @tourrhythmgolf-3to15 ай бұрын

  mortgage rates are based on swap rates not the BoE base rate. Swap rates are based on future😢 expectations of future BoE base rates which as can be seen from 10Yr gilt yield curve has been ticking up recently.Just to say that because BoE base rate goes down that mortgages will go down is wrong. No one knows where gilt curve is going, if I did I would be very very rich....

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  @power_bespoke5 ай бұрын

  Thanks for sharing this insightful information about how mortgage rates are determined

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  @tourrhythmgolf-3to15 ай бұрын

  Remember a Labour Government is probably on 8 months away. They will look to socialise wealth distribution by punishing asset holders (home owners). Might be a good idea to wait a year to see what happens at thier first budget IMO. I cant see prices going up in the meantime before the election as there wiĺ be a lot of uncertainty in the run up.

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  @power_bespoke5 ай бұрын

  Very good points

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  @gavinward31765 ай бұрын

  I'm not sure its a binary choice between lower purchase price and higher rate or vice versa. There are many other factors which impact on house prices than interest rates, unemployment, elections, wage growth, economy (currently in recession), inflation and cost of living. It's all a personal choice in each case but if you're feeling financially insecure its not a good time to buy.

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  @power_bespoke5 ай бұрын

  You're absolutely right! There are so many variables to consider when buying a house, and it's important to weigh all the factors before making a decision.

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  @Moonastronaut5 ай бұрын

  i would recommend avoiding leaseholds whenever possible. I'm having a nightmare with service charges and heat network. Run if it's managed by Rendall & Rittner

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  @DowntownR5 ай бұрын

  What if IR and mortgage rates don’t come down ! You have recency bias.

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  @power_bespoke5 ай бұрын

  I guess no-one has a crystal ball but when it comes to property, you need to bet one way or another and it's more likley they will come down, than go up, in my view

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  @christistruth31125 ай бұрын

  its a buyers market with high asking prices

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  @power_bespoke5 ай бұрын

  It certainly can be if the seller has a motivated reason for sale

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  @christistruth31125 ай бұрын

  what if rates go up in 2 years ?

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  @power_bespoke5 ай бұрын

  I guess no-one has a crystal ball but when it comes to property, you need to bet one way or another and it's more likley they will come down, that go up, in my view

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  @christistruth31125 ай бұрын

  im an investor and wondered whether t9 buy now or wait

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  @power_bespoke5 ай бұрын

  I hope the video helped 👍

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  @cyclist205 ай бұрын

  lower price makes way more sense. remortgage later. great advice from you Perry

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  @power_bespoke5 ай бұрын

  Thanks 🙏