@Mary Hinge wrote:
There’s practically no buyers in market
This I perfectly agree with you.
Of course you do.
That said, with the ER being low (in terms of buyers with pounds), some sellers with no mortage will let go ‘cheaper’, hence leverage in to the max, and that £100,000 property, might cost £80,000 in the not too distant future, just got to cover the mortage interest etc, and thats feat in itself. Cost is a concept and cost can vary in line with a number of factors especially in a foreign market, in terms of value, well there’s no such thing.