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B Lime

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my expertise in the industry

B's Recent Activity

I still fail to see how the SDLT has helped any FTB get on the ladder.... seeing as the threshold is £300k and give the 8.5% increase in prices has eaten any potential savings.... allow the market to decide and keep Governments meddling out of it.

From: B Lime 25 February 2021 08:57 AM

Rishi Rich just loves giving away money, so long as it's not his own!! The SDLT was a dubious 'giveaway' of taxpayers money to start with, but to extend it seems ridiculous in the face of unprecedented house price growth against a gloomy economic backdrop. Further creating the potential for a sharp correction in house prices...

From: B Lime 25 February 2021 08:52 AM

All this and still 4 out of 5 Mortgage Brokers predict prices to remain level or fall in 2021 (According to SMP)....

From: B Lime 02 December 2020 09:23 AM

Wow! DHC, I have rarely read such a well laid out 'denial of reality' as you've offered.... reminds me of the band playing on as the Titanic sunk.....

From: B Lime 02 December 2020 09:13 AM

Defying all logic, UK property develops a bubble on a bubble... Sam Mitchells' assertion that the end of Stamp Duty Holiday won't make things grind to a halt it accurate in only that it's not the STH alone that has created a 2nd bubble. Following a few years of Brexit uncertainty and Covid lockdown, there's been a release of pent up demand of those who actually have to move etc. (Annual Transactions are down) Next spring, when this overflow of demand slows, PLUS the April 21 additional surcharge on foreign ownership PLUS Changes to CGT PLUS COVID (Unknown outcome at this stage) and the end of Furlough and 10s of thousands of redundancies PLUS retail, hospitality, tourism and leisure industries fold under extended periods of trade famine leading to more job losses and will slow recovery PLUS the inevitable increase in taxes to pay for CoExs' £200billion borrowing PLUS and this may be the biggest PLUS.... Brexit (Deal or no Deal)..... For all these reasons and possibly more, the defying gravity cannot last through 2021

From: B Lime 02 December 2020 09:03 AM

Interesting, it seems the surveyors are more interested in the big picture than in immediate gains.... no mention of the impact of Brexit and the impending restrictions on foreign ownership of UK property (How has Government let that slide for so long??)

From: B Lime 11 November 2020 13:46 PM

Sounds like a 'self-promotional advert' to me..... and smells like.......

From: B Lime 04 November 2020 08:42 AM

A 20% correction is about right, although I've been forecasting 27% as usually markets support/resistance to further falls around 72% from peak. If that means an average 2 bed house/cottage in lower average London suburb (Tooting /Balham for example) is £600,000 and drops to around £425,000, it will still represent about 17 times the average salary......

From: B Lime 14 October 2020 10:49 AM

This may sound strange, but what to stop RM launching an alternative/competitor portal (IE Move Right) to the other portals and undercutting them until they wilt and then being 'bought out' by RM and that takes care of their competition...? RM had a huge advantage in their inception, that they were partially owned by 4 of the largest corporations in agency, representing about 30% of the EA market, they were contractually obliged to list on RM and no other portal. Causing the rest to struggle until conglomeration created the likes of Zoopla and OtM ......

From: B Lime 08 October 2020 20:15 PM

Yes Alex, and that is the point when all agents need to act? Before RM had such a stronghold, the buyer still had choice to go directly to the agents/portal/paper. If you allow RM to continue to bully agents, they will eventually decide to cut out the middleman... Like Purple Bricks, by independent RM agents before eventually being Right Move Estate Agents across the country...

From: B Lime 08 October 2020 20:05 PM

Just to be pedantic, if it 3, it isn't a Monopoly....

From: B Lime 08 October 2020 19:58 PM

Does anyone in Leeds have any evidence to back this up? Even anecdotal evidence would help.

From: B Lime 08 October 2020 19:55 PM

absolute madness

From: B Lime 08 October 2020 19:49 PM

And of course there's 5 months worth of business being squashed into a single months numbers.... actually those numbers are not that high after all....

From: B Lime 02 October 2020 10:44 AM

I too worked during those periods (And the mini 'sag' in 2003)and the GFC 2008/09) and history will repeat itself. Economic Cycles may be manipulated, but remain cyclical.

From: B Lime 02 October 2020 10:36 AM

Rebellion/liberation movements take time to effect action. Not sure 6 months under 'lockdown' is sufficient to make any opinion ... Rightmove's aggressive business tactics had to eventually create a backlash...?

From: B Lime 02 October 2020 10:23 AM

It'll be interesting to see how ONE gets along. They are combining aspects of the circle that haven't always been 'on the same side.'..... And will they attract new clients or simply maintain the relationships they already have?

From: B Lime 01 October 2020 10:19 AM

I'm confused. This states that 63% of Sold STC property didn't reduce the price. Meaning 37% had been Reduced in price. Given that 16% of total listed property are reduced, that means a property that has been reduced was sold 230% more times or more than twice as likely to sell..... Yes Property Pundit: Lies, damn lies and statistics

From: B Lime 01 October 2020 10:12 AM

Has Jeremy Leaf ever said a negative word about the UK property market? UK Government is borrowing about £30 billion a month (Likely £300 bil. per annum) to prop up the UK economy and housing market. While we collectively struggle with Covid, lock-down, redundancies, companies closing down, 20% drop in GDP and that's before we even consider Brexit. UK property is not immune and values are already too high... just a matter of time

From: B Lime 01 October 2020 10:03 AM

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