Housing market (renting and buying) šŸ“ˆ or šŸ“‰?

No clipping intended!

I meant more that actually minor breaches of contract on either side are normal - Iā€™ve always hung up things on my walls despite it being forbidden in most contracts but Iā€™ve done it discreetly and would cover any damages if it happened (which hasnā€™t).

Promise I wasnā€™t trying to imply you were suggesting anything otherwise!

Iā€™ve never changed my locksā€¦ wouldnā€™t even know if it was allowed! I usually assume for emergencies the landlord needs access.

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Itā€™s an interesting point. In (and only in) absolute emergencies such as a broken water main the landlord has the right to enter without the tenants permission including the right to use spare keys if those keys allow access.

But if the keys donā€™t allow access, I.e you changed the locks, thatā€™s actually fine from the tenants perspective. Their right to entry in an emergency doesnā€™t equate to a legal necessity to provide them with the keys to access the property in an emergency (if that distinction makes sense).

In reality I feel like unless your landlord lives next door or something you are likely to become aware of any such emergency long before they do.

Itā€™s pretty generous yes, and yet some people on our WhatsApp group are saying they canā€™t live off that much!

The belly is getting biggerā€¦

We also get a taxi paid for each day from our hotel to the apartment to pick anything up (which we havenā€™t used - seems a bit much to do that!), laundry expensed twice per week plus hotels paid for. On the plus side I am racking up hotel points and just achieved higher status which will be nice for trips through to 2023.

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Wow what! What are they eating!

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Your guess is as good as mine.

They are going to the media about ā€œthe conditions we have to live inā€ because some have been housed in a Hilton hotel that isnā€™t conveniently placed for them.

I had to bite my tongue to point out that a sob story about middle class folk in quite expensive apartments having to suffer at a Hilton hotel on Ā£100 a day for food with taxis and laundry expensed might not quite hit the mark they think it mightā€¦

Honestly, they are saying the words ā€œconditions we have to live inā€.

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I can get itā€™s inconvenient if you have a family and such. But yeahā€¦ Hiltonā€¦ not sure the papers will publish that :joy:

I guess itā€™s all coming from insurance anyway. Hope you enjoy your Hilton and your ludicrous food budget!

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Weā€™re in the Marriott :laughing: We chose to book our own and claim the money back so we could choose the hotel we wanted.

The sweet spot for Marriott is Platinum Elite which I have now.

I mean sure itā€™s inconvenient but in all honesty the landlord only has to technically stop charging rent and say ā€œoff you goā€ and Iā€™ll bet many would do that. Not all landlords/property management companies are evil :smiling_imp:

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Possibly, thereā€™s some complexity to that. But anyway, buildings insurance will be covering costs. Gotta love living off insurance, they treat people well :smile:

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Keep it up for the whole winter (if your mental health will allow it) and you might be the only person in the UK to make a profit on the cost of living crisis, and get some Avios (or whatever) into the deal too!

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We donā€™t personally have insurance but we know that the insurance company arenā€™t covering it all. They donā€™t cover taxis or laundry and have a Ā£180 limit per night for hotels and only Ā£15 a day for food. So our building is paying for more per night (within reason I am sure) and far more food. So they will lose out :grimacing:

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I got blasted for this on a different thread.

Iā€™ve been looking to buy a house in my area for around a year. In the last 3/4 months, nearly all the houses Iā€™ve saved on rightmove have come down in price or are removed and replaced a week later with a lower price.

I also know an owner attempting to sell after probate and sheā€™s had to drop the price by 50k and still isnā€™t able to generate interest from prospective buyers. Even the estate agents are bemused by it.

I think in general, with all the cost of living issues and interest rate rises. Prices will dip or at least stay still for a while.

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I think a bit part of it is greed, people were still buying houses when they were correct price + 10% and now that isnā€™t happening.

I spotted a house for sale yesterday near me that I would say is Ā£30k too much, in a right state and not that big. But then a house recently I thought was probably Ā£50k too much sold quite quickly.

There will always be people with money to move though, regardless of the financial mess weā€™re in.

Small update: Flat rental acquired :white_check_mark:

Two weeks to pack up my life and move it up to a top floor flat :upside_down_face:

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How top is top? Associated question: is there a lift?

(Also: congratulations :tada:)

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So third floor of a Glasgow tenement close so 6 sets of stairs that are pretty steep.

Iā€™m not looking forward to carrying the ridiculous amounts of books/graphic novels :cry:

Now the fun job of switching over utilitiesā€¦

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Saw this today - hope this hasnā€™t impacted anyone currently in the process of selling :pray:

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1.4% seems more realistic than the 20% claimed by some.

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Seems like a massive drop in sales overall, which makes sense. Fewer people buying, but also fewer people looking to sell and move up etc.

9% over two years is their prediction, sounds sensible albeit quite a hit. It could get a lot worse of course, if say the banks stop lending or have to start repossessing, but I think the current government is sensible enough to prevent that.

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The same party which voted for someone to be PM who, when she did exactly what she promised sheā€™d do during her election hustings, f*cked the economy so hard she basically ended her political career in two months.

I donā€™t have faith.

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I think is thereā€™s one thing Sunak can be trusted to do, itā€™s rescue the banks if they need it