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Written by rosalind renshaw

Asking prices for homes on the market in England and Wales have moved up 0.5% over the last month, as the shortage of property for sale becomes more marked.

The overall supply of homes is 19% lower than a year ago, while in Wales it is 25% lower.

In Greater London, the supply of homes for sale has fallen by 58% since April 2008.

Asking prices are now 1.5% higher than a year ago.

According to the property search engine Home, house prices are up in all regions apart from the North-East, where there has been no change.


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    'Lets post twadle' Look, pal - I'm sorry that some random Estate Agent somewhere was a better bunk-up for your missus than you were/are - but put that in the past and don't take it out on all of them, okay!

    Oh - by the way, it is 'twaddle'.

    Looks like Estate Agents (even EX-Estate Agents...) are apparently also better spellers... ;o)

    • 17 May 2012 17:44 PM
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    realising wardy: TYPICAL! There you go again, chucking a lit firework into a room (quote from a wise man...) then bu99ering off in a sulk. Suppose you'll claim that you were too busy to respond AGAIN!

    I'm fairly sure you'll be back in a day or nine when no-one else wants to play with your toys, and start me off again, won't you?

    Typical tosspottery (quoting another wise man...) from your camp, Sir. Bad show, and all that!

    I'll just go check Tw@tter and see what drivel you're spouting on there these days...

    • 17 May 2012 17:38 PM
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    What a bunch of loooooooonies, get a life, get some friends, get a job.


    • 17 May 2012 17:30 PM
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    My website www.note-match.co.uk, has noting to do with it and what ever fee that www.note-match.co.uk would charge would be between www.note-match.co.uk and the landlord....opps sorry I mean seller....er...erm...buyer?

    Anyway, I am moving this discusion to my blog www.note-match.co.uk where I can delete the comments I dont like.

    • 17 May 2012 17:12 PM
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    realising wardy: First of all - I got caught up in your last post and realise (it must be catching...) that rant is in fact only selling a £10 note, not a twenty. He has, however, expressed a wish to sell it for a figure in excess of the £20 - and has in fact had a firm offer as can be seen below - so I can understand the confusion.

    A thought has just crossed my mind.

    You COULD of course agree to BUY rantnrave's £10 note at a predetermined and mutually agreed figure if it were still available for sale in, say, three months.

    How about, say, seventeen pounds fifty. Win:win, I reckon, considering that he has an offer of more than that on the table... and you can click a few quid into the bargain.

    How much is your normal 'marketing' fee, by the way? Of course, you appreciate that rant will be instructing Happy Chappy to act on his behalf to secure a more 'value-based' fee structure than whatever you have to offer?

    • 17 May 2012 16:52 PM
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    Listen PeeBee,

    I don't intend to get in an argument with you about stuff I'm not sure about. If I can google it easily I will come back you and If I cant I will simply ignore you.

    In the mean time I have written to George Osbourne to see if he will listen to me.

    • 17 May 2012 16:52 PM
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    realising wardy: Your generous offer of assistance to mon ami rantnrave to assist him to dispose of his £20 note is heartwarming. That someone can take time out of their busy schedule for the good of others and no-one else is something that is never seen these days. You are without a doubt a Saint amongst mortals.

    I just wonder whether my pal rant's note will actually sell on your site - especially having read your most recent blogpost which states "Buying a note should essentially become as scientific a process as choosing what food to buy from a supermarket." IF buyers take your advice here, then their scientific processes will alert them to the fact that the note is, in fact, only worth £20 and no more. If they were to buy it with foreign currency, it may well be worth it to them to watch the currency markets and offer to buy with, say, Turkish Lire or Thai Baht instead of Sterling for Sterling. rant would then of course have the age-old problem of ridding himself of said currency - which unless he was already planning a jaunt to these regions could cost him dearly, could it not?

    What about BoGoF? Would a prospective buyer not expect TWO £20s for the price of a single, crisp note?

    Say his buyer demands a pricematch - what then? They will pocket the difference plus 10% - not a good result either for the seller.

    Reading what I see, I really wonder if you CAN help him to sell this note. If he is paying you "a small upfront payment" to allow him to market this note, surely you should be actually working to produce the best result for the SELLER of the note - not for the buyer?

    Your website is EXTREMELY pro note-buyer, in my opinion.

    Can I hear an orchestra...?

    • 17 May 2012 16:35 PM
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    I can help you Rant.
    I own a private note sellers website and can market your note for a small one off, upfront payment.
    These note agents haven’t got a clue what £20 is actually worth and will probably over value it to win the instruction. The £20 note you have is worth less than the last persons £20 note that sold, something to do with income multiples and various other stuff I don’t understand. That said, I would be happy for you to add your £20 to the site for whatever price you like.

    p.s, If any leaders in the note industry would like to open discussion on this issue, so I can tell them how wrong they are, please see my blog www.note-match.co.uk.
    (seriously, please click on my blog :-(

    • 17 May 2012 15:27 PM
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    Obviously I've not been attracting the right kind of buyer, so I'm re-offering the £10 note for £22.50 now.

    • 17 May 2012 14:06 PM
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    Ive had think about it and there are loads of tenners around for £10.00 in fact ive found that by just turning up at work every day and doing my job I can earn thousands of them myself at almost no cost, just my time, based on this I wont make an offer on it.

    If you have a note that’s really unique and not just like every other one and you find someone that’s been looking for one just like it then you might get a good price for it..................they might even sell anote they own to help buy it


    • 17 May 2012 12:49 PM
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    It scored very well.
    There is absolutly no heat loss in any of Rants pockets and his wallet is insulated with thousands of financial times tear outs.

    • 17 May 2012 10:53 AM
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    Did the £20 note have an EPC?

    • 17 May 2012 10:23 AM
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    I didnt get that far FBA,
    If the truth be known, the bank wanted £2 deposit, a £1 arangement fee and because I was 2 days late paying Tmobile 4 1/2 years ago, its gone to the underwriters for approval.

    • 17 May 2012 10:14 AM
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    No contract was signed Wardy, you can pull out at any time. Did you book survey?

    • 17 May 2012 09:57 AM
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    I'm pulling out rant. Zoopla reckons its only worth £9.50 and ive seen a better one anyway.

    • 17 May 2012 09:29 AM
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    "Would you take £8?"

    The cheek! I'm not giving it away you know!

    • 17 May 2012 07:13 AM
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    I have the feeling that there will be many disappointed sellers this year.

    They can ask what ever they want but lending is going to get far tougher.

    • 16 May 2012 23:01 PM
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    Supply and demand of credit fuels the boom. Lack of it seals it's fate.

    • 16 May 2012 20:30 PM
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    Would you take £8?

    "I have a £10 note I'm selling for 20 Quid if anyone's interested... "

    • 16 May 2012 17:19 PM
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    Ask what you like and then get a dose of reality check.

    • 16 May 2012 12:13 PM
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    He as demand from Wardy and I suggest he sells! :0)

    • 16 May 2012 12:12 PM
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    I've only mentioned it on one website though. I'm going to mention it on another one as well. That's bound to generate some extra demand.

    • 16 May 2012 12:02 PM
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    Silly. You have supply but no demand.

    • 16 May 2012 11:56 AM
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    'Asking prices....'

    Yes, good luck with that one.

    • 16 May 2012 10:30 AM
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    deflation looms

    I predict houseprices will fall as will wages

    average houseprice will reach £100,000 by 2020

    prices will not recover as wages also fall slightly

    btl will be the next financial disaster and our banking system will need to be nationalised

    • 16 May 2012 10:21 AM
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    I hate that simple term supply and demand......please can we have some interpretations from you intelligent folk.

    My definition for home ownership is :
    supply = no. of houses available to purchase (easier to measure) and demand= no. of people able and willing to proceed with a purchase? (not so easy to measure)

    So would it be safe to assume an increasing population does not always equate to increase in demand for home ownership.

    I would guess supply is down (from this article) and demand is down (article re mortgages)

    Net effect on prices err none :0)

    • 16 May 2012 10:20 AM
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    i'll take it rant. It will be worth £40 in ten years time.

    • 16 May 2012 09:59 AM
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    I have a £10 note I'm selling for 20 Quid if anyone's interested...

    • 16 May 2012 09:17 AM
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    Well! Well! Supply & Demand kicks in?
    Remember all of you that only think of volume and turnover, estate agents are not owed a living.

    • 16 May 2012 09:16 AM
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