{"id":116227,"date":"2020-05-11T13:00:47","date_gmt":"2020-05-11T06:00:47","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-we-back-out-of-home-buying-if-theres-risk-the-value-will-fall\/"},"modified":"2020-05-11T13:03:37","modified_gmt":"2020-05-11T06:03:37","slug":"should-we-back-out-of-home-buying-if-theres-risk-the-value-will-fall","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-we-back-out-of-home-buying-if-theres-risk-the-value-will-fall\/","title":{"rendered":"Should we back out of home buying if there's risk the value will fall?"},"content":{"rendered":"


\nWe\u2019ve gone to the top of our budget \u2013 with only 5% deposit, we don\u2019t want to risk negative equityQ My partner and I are first-time buyers. In January we got into a bidding war and had an offer accepted on a house but were then gazumped and had to increase our already very high offer. The vendors asked for offers in excess of \u00a3300,000 and we ended up offering \u00a3317,500.We were due to complete just before the lockdown, and the buyer has been keen to go ahead as soon as possible as the property is vacant. However, we have said we would prefer to wait until restrictions are lifted as it would be logistically difficult to move at the moment. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Should we back out of home buying if there’s risk the value will fall?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019ve gone to the top of our budget \u2013 with only 5% deposit, we don\u2019t...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-116227","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ueD","jetpack-related-posts":[{"id":39927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buying-off-plan-property-in-the-uae-what-you-need-to-know\/","url_meta":{"origin":116227,"position":0},"title":"Buying off plan property in the UAE – what you need to know","date":"January 6, 2017","format":false,"excerpt":"\r Buying off plan has its risks and rewards. The main benefit is typically a lower price. Developers usually offer between 10 and 30 per cent lower prices for off-plan and under-construction properties. The closer to completion, the higher the price (typically) becomes.These days developers are luring buyers with increasingly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39781,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buying-off-plan-in-the-uae-what-you-need-to-know\/","url_meta":{"origin":116227,"position":1},"title":"Buying off plan in the UAE – what you need to know","date":"January 6, 2017","format":false,"excerpt":"\r Buyingoff plan has its risks and rewards. The main benefit is typically a lower price. Developers usually offer between 10 and 30 per cent lower prices for off-plan and under-construction properties. The closer to completion, the higher the price (typically) becomes.These days developers are luring buyers with increasingly attractive\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":165569,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-say-house-buying-at-risk-from-surveyor-down-valuing\/","url_meta":{"origin":116227,"position":2},"title":"Mortgage lenders say house buying at risk from surveyor \u2018down valuing\u2019","date":"November 22, 2025","format":false,"excerpt":"\r London and the south-east said to be worst affected, with valuations often coming in at 10% below the agreed sale priceAn increase in property down valuations, with some homes being marked down by 10% or more by surveyors, is \u201cturning deals and lives upside down,\u201d mortgage experts claim.Some believe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46773,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-rise-apartments-come-with-high-risk\/","url_meta":{"origin":116227,"position":3},"title":"High rise apartments come with high risk","date":"March 6, 2017","format":false,"excerpt":"\r Buying an apartment involves more hurdles to jump than the purchase of a standalone home. Andrew Murray knows first-hand the extra questions apartment buyers need to ask over and above their peers who are buying freehold homes....\r \r Source : nzherald.co.nz\/Property\r Read more...High rise apartments come with high risk","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46775,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-rise-apartments-come-with-high-risk-2\/","url_meta":{"origin":116227,"position":4},"title":"High rise apartments come with high risk","date":"March 6, 2017","format":false,"excerpt":"\r Buying an apartment involves more hurdles to jump than the purchase of a standalone home. Andrew Murray knows first-hand the extra questions apartment buyers need to ask over and above their peers who are buying freehold homes....\r \r Source : nzherald.co.nz\/Property\r Read more...High rise apartments come with high risk","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46777,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-rise-apartments-come-with-high-risk-3\/","url_meta":{"origin":116227,"position":5},"title":"High rise apartments come with high risk","date":"March 6, 2017","format":false,"excerpt":"\r Buying an apartment involves more hurdles to jump than the purchase of a standalone home. Andrew Murray knows first-hand the extra questions apartment buyers need to ask over and above their peers who are buying freehold homes....\r \r Source : nzherald.co.nz\/Property\r Read more...High rise apartments come with high risk","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116227"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=116227"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116227\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}