Top comedy at the start of the game. (We're ignoring Noel for now.) A classic turn-of-the-decade situation here: reasonably paid professional cut adrift from the property ladder, first by the bubble, then by the lenders' response to their losses from the bubble. Hang on, though - she's a teacher, surely she could get a place via a Keyworker scheme? A quick search of Rightmove for two-bed shared-ownership properties produces about 40 results (excluding retirement properties)...
Anyway, on the evidence of a four blues/Rock opening round, she's going to get her deposit soon enough. Prices of two-bed places in Liverpool vary wildly, presumably because the inner-city areas are actually as bad as the right-wing press say they are - all depends on which area she teaches in, and hence where she would want to live. Opening offer is fairly well in line with long-term expectations for such a start, making it seem almost stingy on recent trends. Second round is in line with expectations - one Power 5, a blue and an orange - and the offers are being kept down today. Ruth saying that offer is brilliant, when it isn't, will ensure that trend lasts for at least one more round if not four.
£15,000 and £35,000... expensive? If this is blue it's no worse than an average round. Blast. Well if there wasn't going to be a useless offer before, there will be now. Onto the ADP... two blues... ten grand's OK. "Could have been a good round", Mr Edmonds? I'm sorry, but that
was a good round!
kestral wrote:
Ruth says the £75,000 on the board would buy her a house outright and leave her mortgage free
Did you hear that? That's the sound of everyone watching this in London roaring with laughter. There really are properties that cheap in Liverpool, like
this,
this and
this. I don't know Liverpool at all though, so I've no idea if any of these areas are remotely habitable.
Oh, she mis-stated the offer and it was revised as a result? Hah! I've lost track of whether that's a good offer for the board... not great but not bad... seems like she's leaning Deal. Oh, she plays on. Hope that came from within and not from without. And that it pays off.
Which it does! Is Ruth deliberately channeling the 'canny Scouser' stereotype here? In my position, with a similar goal but a location in the south, I'd play on, just - but in her neck of the woods £18,500 gets her the all-important 20% deposit that lenders are looking for now, so it's past an inflection point on her utility curve, and she's quite right to Deal for her.
Oh, and quite right she was!! Immense relief and an OPW from sound play. Good to see yesterday's game didn't sway the five-box decision.