london

http://www.london24.com/polopoly_fs/herne_hill_flood4_1_2322155!image/3709062561.jpg_gen/derivatives/landscape_490/3709062561.jpg

http://www.huffingtonpost.co.uk/2014/01/12/london-room-rent-gumtree_n_4584275.html

bargain.

having gotten notice to quit on my staggeringly cheap flat earlier today i look forward to living somewhere similar soon.

chriiiiist

we're clinging on to our staggeringly cheap flat by our fingertips - landlady wants to sell up and it will happen this time, she just hasn't got round to formally telling us aagh - once she actually does we're all fucked

*house, even

yeah, there's close to zero chance of me not paying at least an extra £200 a month for anywhere similar to what i have now, and since i'm already quite good at spending all of my income that's gonna make things tough. still, i survived through the rise and rise of lower clapton for a surprisingly long time.

the minute i moved into lower clapton 2 years ago i knew it was on the verge of this. at some point it really feels like gentrification wankery is chasing you and it keeps on catching up...

cosine here, same sitch, crazy cheap flat and landlord is going to sell but hasn't formally told us yet

everything in hackney is insane right now, it seems inevitable that the only people who will be able to live there in a year or so will be either rich or poor, nothing inbetween. there's a 1-bedroom basement flat literally next door to me on the market for £400K. it's to the point that west london i.e. shepherd's bush or fulham might even be cheaper??

Gah, that's terrible, but unfortunately I'm not so sure it is a pisstake.

Hope both all of you find somewhere decent, though I'm aware of how difficult that is right now.

every time i go on moveflat, just to scope out where the fuck i could possibly move to when the inevitable happens, it's absolutely terrifying

Was keeping a eye on Waltham Forest for a while but one bed flats that looked overpriced to me at £150,000 a few years ago are going for £220,000 now.

I could be asked to move out any time and genuinely don't know if there is anywhere left in London proper to move to. Where do people go?

one way i like to depress myself is by checking out the rents on comparable flats in other perfectly nice cities (glasgow, manchester, brighton). tbh if i wasn't academically tied to london i'd probably take this opportunity to move elsewhere.

Tell me about these rents because I am p much feeling v v done with London and if I could rent out this flat and move somewhere cheaper, it might well spur me to leave this shithole. But it would also mean I'd have to fix the damp.

the minute i moved into lower clapton 2 years ago i knew it was on the verge of this. at some point it really feels like gentrification wankery is chasing you and it keeps on catching up...

― lex pretend, Sunday, 12 January 2014 19:35 (33 minutes ago) Bookmark Flag Post Permalink

this has been sort of simmering away during the half decade of no growth, a sort of surface level entrenchment of the sort of things that cause estate agents to append 'village' to place names, now with a debt fuelled pseudo-revival it has gone into overdrive

25% of help to buy approved mortgages are in london and environs, so long as you can find a nice 2 bed garden flat for under the 600k threshold

xp well, for example, i'm looking forward to paying as much to live in a cupboard in london as i would to live in this glasgow city centre flat - http://www.rightmove.co.uk/property-to-rent/property-39261505.html

yeah sure i'll just buy a £575K flat no sweat. WHO ARE THESE PEOPLE

high salaries but no savings, just the sort of people in need of public subsidies

maybe this shit will cause some people to remember there is a part of london south of the thames

Has it not gone the same way? I know loads of people being priced out of Brockley, Brixton, Tooting, etc.

HEY.

(Sorry, but Sarf London has seen some fairly ludicrous price rises, too. Several of my friends have ended up priced out of Streatham, believe it or not.)

yeah i've looked at various south locales and it's honestly not much better. brixton is as insane as hackney

:(

"priced out of brockley" - a memoir

yeah i was hearing the orher day about an ad exec who just spent low seven figures on a house in a bit of south london that north londoners would probably associate (assuming they had heard of it) with crime and deprivation

Was keeping a eye on Waltham Forest for a while

Prices have gone absolutely mental in Walthamstow over the last 18 months or so. Don't know if it's happened in Leyton/Leytonstone as well.

Edmonton still a cheaper option, and with good reason.

Waiting for Guardian Weekend to do a glowing "Let's Move To... Mitcham Junction" or something.

A friend is looking to be near the new Saint Martin's (ex-council N1, N7) and reports 'open days' of 30 couples viewing a flat at once, then flat inevitably sells to cash buyer for 10 per cent over the asking price, after sealed bids. Another friend bought a house in Walthamstow, the multiple-viewers at open day happened there, too.

Lots of people buying in the Bushwood section of Leytonstone right now, but also Harringey between Manor House and Turnpike Lane.

lol @ the trendy faux-S London locations listed above. charlton/woolwich border clearly where it's at. 15 months & no trouble (but then I am a man)

Is "but then I am a man" the new "I'm white, BTW"?

I live in South London (but then I am a man!)

I was not a man until South London. But then I was a man!

I like this catchphrase. But then I'm drunk.

If we must, my ex was flashed once while dog-walking round these parts - I was acknowledging that there are harassments men just don't cop

this has been sort of simmering away during the half decade of no growth, a sort of surface level entrenchment of the sort of things that cause estate agents to append 'village' to place names, now with a debt fuelled pseudo-revival it has gone into overdrive

The funniest example of this is surely Brixton 'village'.

The challenge is finding somewhere in zone 2/3 that isn't a 'village' just yet.

ok we're pretty fucken guilty as charged on that count

Oh yes Charlton Village, yes.

My street got declared a villaaaaaarge after a movie star moved in & wrote a column for the Guardian saying how nice it is. How much will this add to my house value?

I look forward to Thamesmead village.

I'm not even going to google that.

Another friend bought a house in Walthamstow, the multiple-viewers at open day happened there, too

When we were looking a year ago (in Walthamstow) this was the case *all* the time. Any property worth having was sold instantly before it even officially came onto the market. The estate agents had backlogs of clients on their books who had sales lined up but couldn't find anywhere to buy, so they would tip them off whenever they went to do a valuation and would then get them an early viewing (on the same day as all the others on their books). Basically no chance for a second viewing, no possibility for negotiation of price. Several times we called back the next morning to find places had already been sold.

but also Harringey between Manor House and Turnpike Lane

Harringay (in Haringey).

Someone told me recently that if a property has been on the market for more than three days then it's either severely overpriced or there's something wrong with it, although that may have been an exaggeration.

Think that depends v much on the neighbourhood. The people upstairs have just sold/bought and though I wasn't on good enough terms with the old neighbours for them to even tell me they were selling, they were having an unusual amount of visitors for several weeks. But although I'm on better terms with the new neighbours, I'm not on good enough terms to ask them how much they paid and how quickly they sold.

Owning a house right now feels like both a blessing when reading the horrendous issues my renting friends are facing, and also a millstone, like I'm attached to this hugely valuable thing I got entirely by accident and sheer luck, and yet if I get rid of it, I will never ever get another one.

This place is a total fucking shithole isn't it
― dave q, Saturday, May 11, 2002 12:00 AM (11 years ago) Bookmark Flag Post Permalink

... and that was 11 years ago, can you imagine what it's like now?

Brockely's still on offer for about £400pcm. I lived their for two years and the rent didn't change, my ex hosuemates stayed in the property and still pay the same...

It depends entirely on your landlord - those who have owned their place for ages will typically be renting at a lower rate at £400pcm-ish is fairly achieveable. If they bought more recently then they're likely to be renting it at a stupidly insane rate - I saw £600pcm plus quoted for a shared house in Herne Hill recently.

Brixton and Hackney are basically the same thing - the most fashionable parts of their respective areas, for that alone they're going to be overpriced even by London standards.

Throw Peckham in there as well.

Herne Hill is pretty damn posh these days and has been for some time! It was out of my price range when I was last looking 10 years ago!

Can attest to insanity in Walthamstow, in our street flats that were going for low £200k are now going for £350k. We are basically stuck where we are as we're paying probably £300 a month below market rent, luckily our landlord likes us and has paid his mortgage off.

Kinda thinking London is not for the likes of me any more, if it ever was. The only people I knew who owned their place even last decade were people who had help from their parents. I was looking at SE London now even NE London is out of the question but tbh it's not really any cheaper.

£600 a month would have been expensive for a room in a shared house even for a gentrified bit of South London not that long ago, especially one that isn't on the Tube.

It's partly the Overground that's sent everything mental but not everywhere even has that excuse.

xp The cost of commuting in is crazy as well. It's fairly typical for my colleagues to be paying £5000 - £9000 a year in train fares, which isn't any more supportable in the long run.

There definitely needs to be more work done to encourage companies / jobs to relocate to other cities.

Friend who had v. small (350 sf) ex-council one-bed in Bloomsbury sold it for £360K last year, thinking he would relocate and wind up either mortgage-free or on a very low one, but seems to have just missed out on getting similar-but-larger flats near Caledonian Road. Judging by his experiences over the last year, once prices go past £250K and pass the stamp duty threshold, there's not much barrier to them going straight to £300K. His offers have been trumped by cash buyers on many, many occasions.

I can confirm rents in Herne Hill rents are as bonkers as ever. We moved out of our tiny one bed roomed garden flat near brockwell park (which the landlord is now advertising for £1100 a month) up the the road to West Norwood to a 2 bedroomed house for only slightly more. I think Tulse/West Norwood is on the turn too. There were more baby buggies than people in the railway at Tulse Hill station last sunday afternoon.

I was recently told by a resident that the Hither Green / Lee area hasn't been subject to the kind of madness which other bits of not-too-distant South East London have. I understand it's unremarkably alright around there but it's not an area I know well (or one I care to know well, particularly).