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If they were buying in Gillingham, shouldn't that read "lending hundreds upon hundreds of pounds"?

According to the 2001 census (which is of course the most recent census), Barnet - the whole borough, not just Barnet itself - has 131,000 homes. Oh well, only out by about 160%

That's really interesting. That propery that's been on the market for about 18 months and still can't shift after two price reductions suggests that the area it's in is not "ever popular" And I suspect that the studio flat on the market at £13.75m might take some shifting

Yes, if you're looking back to the 80s, then you're right but that's a short point in history. And, prior to that, people still moved as couples or families (because the vast majority of people got married) but in most cases, the mortgage was in the man's name only as women had little in the way...

Not really. It's not that long ago that women couldn't get credit, hell, it's not that long ago since a woman couldn't even get a chequebook without her husband's permission. I don't know how old your lifetime is but certainly before the 1950s, it was the husband who held sway. It was only when...

Well, I don't think that prices will "crash" but I think that sooner or later there will be a sharp increase in interest rates and some buyers will be left over-exposed and, sadly, have houses repossessed. If several thousand houses come on the market at once, that will bring down property...

That's a great site. What on earth possessed those people to think a bungalow in Newark would sell for £700k? There are some real chancers out there. It's also sobering to realise that you can buy a house in some parts of the UK for under £30,000.

Peacehaven or Telscombe? Nothing much wrong with them TBH Perfect retirement places. The real problem is that even one-bed places are dearer than the three-bed place that she has in the north-east, which is why we're looking at Worthing now.

Yes, I think that's a problem for Brighton in particular. And don't forget that graduates have the additional problem of student loans. I saved in London but I had no loan to pay off and lived in a housing co-op for some of the time so I was lucky - and know it. As I said, I do think that the...

I did. I've been looking for a flat for my mother at around that price and RightMove has 51 properties at under £110,000, even filtering out the retirement homes, there are 25 flats for that price - including three 1-bed places for under £100,000. My original point was that you don't need a...

I appreciate that but TBH neither can a broker - as I well know from my dealings with you. I stress that this is no reflection on your ability, your knowledge of the market. nor on your hard work - I can attest to your willingness to work your arse off your clients - but the simple fact that...

:laugh: Well yes, but in that sense every shopkeeper is a middle man. I meant that the Internet could replace brokers and agents in a way that it couldn't with the milkie.

Don't see the parallel here. The mortgage broker is a middleman, the better analogy is a travel agent - how many people use them to book a holiday. One thing that the Internet can't do is deliver milk first thing in the morning though - our milkie seems to be run off his feet.

Exactly. As I pointed out earlier there are plenty of one-bed places for sale in Brighton at £100,00 or lower. This idea that people need a 3-bed semi as a starter home is crazy, start small and work your way up.

They could. That's the point I was making earlier - there are properties available for first-time buyers and not just for ones earning crazy salaries. People will have to get used to saving, just as they used to do. My parents bought their first house 13 years after getting married, it took...

It's not that bad. There are one-bed flats available in Brighton for £100,00 - someone on £30k could get one of those on 100% mortgage. Blimey, I live in a big 4-bed house in a lovely area near an Ofsted-rated outstanding school and that's valued at £215,00 - well within the range of a couple...