WikiWirral Wirral's Biggest Online Forum
Forum Stats
12225 Members
65 Forums
72749 Topics
980529 Posts
89 posts in the last 24hrs
Max Online: 7831 @ 8th Apr 2013 4:18pm
Who's Online - Click Me
101 registered (11kendo, 15 invisible), 1889 Guests and 204 Spiders online.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


(Views 7days)This Weeks Most Read
Doris is on her way 904
TS Indefatigable 510
Patio work 411
vet fees 334
Internet Explorer Not Working 331
Hezballah 283
Is This ART ? 240
Chef's knife. 226
Dangerous Tumble Dryers 218
Seeking old pictures of Egerton Street area, Birkenhead 172
New General Forums
Is This ART ?
by granny
Yesterday at 09:56 AM
Wirral track renewal
by snowhite
22nd Feb 2017 2:42pm
Ice in the 1800's
by granny
21st Feb 2017 9:47pm
Am I missing something ?
by dizdazdoz
16th Feb 2017 12:46pm
New Wirral History
Seeking old pictures of Egerton Street area, Birkenhead
by yoller
19th Feb 2017 7:53pm
TS Indefatigable
by granny
18th Feb 2017 3:32pm
RIP : Chris Kay
by granny
31st Aug 2016 9:25am
Children's home on the Overchurch
by xleahx
26th Apr 2011 7:01pm
423 Archers, Wirral Mark Rake, Wirral, Merseyside
by derekdwc
13th Sep 2009 10:50pm
Forum Tips
Photo Gallery Forums
fireworks on the Mersey last night
Hadlow train station
Topic Replies
2 x Sum 41 tickets Manchester 25/02
by turnip
25 minutes 16 seconds ago
Dangerous Tumble Dryers
by diggingdeeper
Today at 12:23 AM
Doris is on her way
by diggingdeeper
Today at 12:09 AM
Patio work
by rossie
Yesterday at 09:34 PM
Sony Smartwatch 2
by Mike_Hoylake
Yesterday at 09:25 PM
Chef's knife.
by lincle
Yesterday at 08:51 PM
Aerial engineer
by Dilly
Yesterday at 08:15 PM
roofers
by thisledous
Yesterday at 06:33 PM
Is This ART ?
by starakita
Yesterday at 03:33 PM
February
M Tu W Th F Sa Su
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28
Recent Posts : What's On ?
Lion Salt Works/Weaver Hall Museum
by venice
19th Feb 2017 12:19pm
Wirral TUC Meeting re Update on Wallasey CLP Suspe
by RUDEBOX
13th Feb 2017 8:50pm
Topic Options
Rate This Topic
#730366 - 4th Oct 2012 2:51am How do people afford it?
Elizabeth Offline
Veteran

Registered: 28th Jul 2011
Posts: 718
Loc: Prenton, Wirral
I love looking online at homes for Sale on Wirral, and I often wonder how on earth do people afford some of the properties around? If you look at parts of Prenton, Noctorum and West Kirby for example, some of the homes are very highly priced yet they sell for mega bucks. If the area is so depressed and everyone is struggling to make ends meet, then who on earth is buying these houses when there's so much financial doom and gloom around?

Top
Ask Wiki : Advertising
Click me for more Information......

* * * Superior Heating by Stephen Foster (Dodie) * * *
Now Advertise with WikiWirral.
WikiWirral stats 35,000 Page Views a Day +500 Search Engines.. Click Me
#730367 - 4th Oct 2012 6:26am Re: How do people afford it? [Re: Elizabeth]
tankrat22 Offline
Addict

Registered: 19th Mar 2011
Posts: 212
Loc: bromborough wirral
Well Elizabeth,it certainly isn't us Plebs!.

Top
#730370 - 4th Oct 2012 7:22am Re: How do people afford it? [Re: Elizabeth]
rossie Online   not happy
Addict

Registered: 7th Oct 2011
Posts: 270
Loc: moreton
Legacies

Top
#730372 - 4th Oct 2012 7:42am Re: How do people afford it? [Re: Elizabeth]
stu6278 Offline
Member

Registered: 20th Sep 2010
Posts: 73
Loc: New Brighton
I find some of these larger, more expensive properties have been on the market for ages.

The owners seem happy to wait until things get better and aren't prepared to make any loss or drop the price to a realistic level.

As for affordability, if you've managed to sell a house for 500k then I suppose you can 'afford' to buy another one for 500k. This isn't first-time buyer territory unless Mummy and Daddy are supporting you or as rossie said there's a legacy involved. smile

Top
#730410 - 4th Oct 2012 11:13am Re: How do people afford it? [Re: Elizabeth]
granny Offline

Wiki Master

Registered: 29th Jun 2011
Posts: 13867
Loc: Wirral
The general population of Wirral can't afford those properties and they are probably over priced anyway. Compared to other parts of the counrty, Wirral is expensive, thanks to the Estate Agents. More to worry about is the high rents,also thanks to the Esate Agents. Not possible to rent if you are on your own now, which has a negative impact all around. So I would like to ask the Estate Agents, how are they going to fix it?
_________________________
...and those who were seen dancing were thought to be insane by those who could not hear the music.FN

Top
#730443 - 4th Oct 2012 12:53pm Re: How do people afford it? [Re: granny]
stu6278 Offline
Member

Registered: 20th Sep 2010
Posts: 73
Loc: New Brighton
I'm sure Estate Agents would say they're only getting as much money for their customers i.e. sellers and landlords as possible. Which is understandable.

There are two bigger winners of sky-high house prices. The Banks who earn interest by lending the bigger sums of money now required to buy a house, and the Government who rake in the increased stamp duty and inheritance taxes.

Top
#730457 - 4th Oct 2012 1:39pm Re: How do people afford it? [Re: Elizabeth]
BandyCoot Offline

Forum Veteran

Registered: 7th Dec 2008
Posts: 5349
Loc: Birkenhead
In my case the estate agents overpriced my property and I couldn't shift it. In the end I got desperate and ended up as a victim of high pressure sales people from another firm and sold at a huge mark down, my own fault for being so eager to move. In the end we reconciled ourselves that we got a house for a house and we are happy to be back home. Estate Agents, I wouldn't trust them as far as I could thrown them, a necessary evil.
_________________________
Birkenhead........ God's own Room 101.

Top
#730989 - 6th Oct 2012 11:47am Re: How do people afford it? [Re: Elizabeth]
sunnyside Offline


Wiki Master

Registered: 4th Apr 2010
Posts: 40475
Loc: wirral
house prices are high in the south, i think people sell there which gives them a large wedge to spend on a better property up north, always been high prices in hoylake caldy etc but many bought by footballers, actors, etc for themselves or family, it then becomes desirable and keeps prices high, i have noticed some million plus properties in these areas been on the market a long time, but how much stamp duty is payable on them ? some also need up-dating etc, guess even the rich have certain budgets.

Top
#731027 - 6th Oct 2012 3:13pm Re: How do people afford it? [Re: Elizabeth]
venice Offline

Forum Master

Registered: 21st Jul 2011
Posts: 2564
Loc: Wirral
Drug dealers, vets, medical specialists,conmen and rogues -- theres plenty of money round in some quarters.

Top
#731985 - 10th Oct 2012 3:09am Re: How do people afford it? [Re: venice]
Elizabeth Offline
Veteran

Registered: 28th Jul 2011
Posts: 718
Loc: Prenton, Wirral
Originally Posted By: venice
Drug dealers


Oh dear god, surely not !

Top

Moderator:  Mod 
Random Wirral Images

Click to View Topic.
Newest Topics
Aerial engineer
by ponytail
Yesterday at 06:01 PM
roofers
by thisledous
Yesterday at 04:44 PM
Chef's knife.
by Beethoven
Yesterday at 12:39 PM
Is This ART ?
by granny
Yesterday at 09:56 AM
Doris is on her way
by granny
22nd Feb 2017 8:43pm
For Sale & Free
2 x Sum 41 tickets Manchester 25/02
by turnip
25 minutes 16 seconds ago
Sony Smartwatch 2
by Mike_Hoylake
Yesterday at 09:25 PM
Brother printer
by saltytom
Yesterday at 11:02 AM
Mk6 Golf TDI 1.6
by Cjoshea
22nd Feb 2017 11:05pm
TV wall mount wanted.
by j_demo
21st Feb 2017 7:53pm
Featured Member
Registered: 3rd Jun 2012
Posts: 6498
Newest Members
Bradshawbatho, raybb, CliveK, vonny, Vkj530
12225 Registered Users
Today's Birthdays
No Birthdays
New Wirral Info
Aerial engineer
by ponytail
Yesterday at 06:01 PM
roofers
by thisledous
Yesterday at 04:44 PM
Lion Salt Works/Weaver Hall Museum
by paxvobiscum
18th Feb 2017 9:19pm
Patio work
by steamfan
18th Feb 2017 3:45pm
Ceiling needs smoothing
by yr20405
15th Feb 2017 1:52am
News : New Topics
Dangerous Tumble Dryers
by diggingdeeper
Yesterday at 02:03 PM
Doris is on her way
by granny
22nd Feb 2017 8:43pm
Hezballah
by venice
17th Feb 2017 11:15am
On-street parking charges dropped
by oldpm01
15th Feb 2017 9:10am
Thousands raised for children of cancer couple.
by fish5133
13th Feb 2017 3:01pm
New Enthusiast Forums
Chef's knife.
by Beethoven
Yesterday at 12:39 PM
irish music entertainer for St Patrick's night
by kazaroo
22nd Feb 2017 3:07pm
Internet Explorer Not Working
by fish5133
22nd Feb 2017 12:25am
vet fees
by eggandchips
20th Feb 2017 12:01am
Sea Shepherd
by venice
16th Feb 2017 1:06pm
(Views 24hrs)Trending Newest Topics
Is This ART ? 240
Chef's knife. 226
Dangerous Tumble Dryers 218
roofers 145
Aerial engineer 134
Wirral Sunrise Sunset
Sunrise Fri 7:09am
Sunset Fri 5:41pm
Local Time Fri 8:12am
WikiWirral Can . . . .