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enewton
Gold Member
England
549 Posts |
Posted - 28 Oct 2008 : 10:46:30 PM
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Could anyone suggest which sites are good to look for land forsale?
Were looking around the Edenbridge, Kent area.
While the credit crunch is on, it maybe a good time for us to buy. I can't believe how much prices have dropped, we would of bought a house for 750K earlier this year, I can now see the same type for sale at 500K in the same area with stables and 6 acres!!!
if one of our houses had of sold, we were lucky selling one house and making a profit just as the market was about to crash, but not so lucky with selling two others, which we ended up renting while were traveling.
Although we would be working our butts off and not traveling if we had sold them and bought that bigger home.
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Emma Newton
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CINDERS
Gold Member
England
750 Posts |
Posted - 29 Oct 2008 : 09:54:43 AM
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Would suggest you may get a bit of a shock. Despite the credit crunch land values are still rising in rural areas or at least they are where we are - Essex.
Yvonne |
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baxter
Gold Member
England
1123 Posts |
Posted - 29 Oct 2008 : 10:20:12 AM
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Yvonne - Agree entirely with your statement, and at present in the area i'm in even house prices remain ludicrously high! |
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precious
Platinum Member
England
2253 Posts |
Posted - 29 Oct 2008 : 10:43:59 AM
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I generally look at Bagshaws dont know what areas they cover |
Gemma Thompson Birmingham West Midlands
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Roseanne
Moderator
United Kingdom
6708 Posts |
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MinHe
Platinum Member
England
2927 Posts |
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jillandlomond
Platinum Member
Scotland
3586 Posts |
Posted - 29 Oct 2008 : 12:57:05 PM
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Agree with Cinders! Land prices are still strong and on the up! God ain't making any more land so it will always be valuable and expensive!! |
Borders, Scotland |
Edited by - jillandlomond on 29 Oct 2008 12:58:28 PM |
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angel2002
Platinum Member
United Kingdom
2502 Posts |
Posted - 29 Oct 2008 : 2:17:39 PM
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Also have to agree with Yvonne, land prices are still rising despite the credit crunch, as an example.....I live Cambs/Suffolk/Norfolk area, and this is what I was asked for 1.5 acres, no grass just ploughed, no fencing and no water/electric......£15,000, and it isn't even attached to my property!!
As Jill says, there isn't any more being made now :))
Good luck in your search. |
Angel Passion Arabians |
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Kazzy
Platinum Member
England
3335 Posts |
Posted - 29 Oct 2008 : 3:02:56 PM
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Land prices well never ever fall, however bad a reccesion we are in.
More and more people go for buying land as an investment, because house prices fluctuate, land will never lose its value.
Janet |
Sunny Cheshire |
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NUTTER
Platinum Member
England
2452 Posts |
Posted - 29 Oct 2008 : 3:33:52 PM
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As already said depends where you are.. ive been keeping a eye on prices as we have got my grandparents home still.. At the moment Devon and Cornwall prices are def dropping dramaticley.. I am thinking of buying in Devon few acres as when anything should happen to the people i have my yard of i cant see that the family will sell bits and the properties of seperatly but sell as a whole.. So a million and a half plus is well out of our price range!! At the mo we are going to hold on to the property in Cornwall for a couple more years as holiday home until prices return.. Then i shall buy small acerage for mine.. Goodluck with what you decide.. |
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enewton
Gold Member
England
549 Posts |
Posted - 29 Oct 2008 : 3:59:03 PM
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Umm Thanks, I thought that land prices may of gone down...
Still it's probably better to buy some now, as the interest I was getting in the banks has dropped so much. It's hardly worth keeping it in one pot now. This is why I'm thinking land is the way to go. The housing estate agents I look at often don't have land only and I want to look at both land with property and land without. |
Emma Newton
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ashabarab
Gold Member
England
1378 Posts |
Posted - 29 Oct 2008 : 4:48:28 PM
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one of the latest expressions is 'land banking'
never mind house prices are droping land prices keep going up and up, its the one area that you can safely put any spare cash with out risk of loosing it!
ash |
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basbob
Gold Member
France
1356 Posts |
Posted - 29 Oct 2008 : 7:48:14 PM
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I've always been of the belief that land is sustainable. We bought 7 acres outside Battle in East Sussex about 4 years ago and although we now live in France we shall hang onto the land. We gave up on estate agents, and asked around. Sure enough people cam out of the woodwork with plots, or farmland that they wanted to sell. So, my advice would be spend a few nights in the pub and ask around. |
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enewton
Gold Member
England
549 Posts |
Posted - 29 Oct 2008 : 9:39:47 PM
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Thanks, for all your help. I'm going to look very seriously now. We were just told today that we missed out on 30 acres in our home town, right next to where I keep my horse. Gutted coz we could afford it too.
Obviously we need to be much quicker in finding and making and making offers.
Got some friends back home on the case, helping us hunt...... |
Emma Newton
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