Land prices

warksfarmer said:

3.76% last week. Fixed. Variable is slightly less but not enough to not fix at current rates which are only going to rise.

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warksfarmer said:

3.76% last week. Fixed. Variable is slightly less but not enough to not fix at current rates which are only going to rise.

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Zan said:

Who was this with? Tried a couple today and nowhere near that?

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midlandslad said:

I think it was with HSBC and only for 10 years. What were you looking at?

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Zan said:

I tried HSBC and AMC, ten years too. Nowhere near that rate though?

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Tarw Coch said:

How is land being sold elsewhere nowadays?
Years ago most seemed to go up for auction but I can’t think when I last heard of any for sale that way, must be in excess of 5 years.
Most seems to be sold privately which from my limited experience seems to be like a long drawn out auction, make offer to auctioneer, he comes back saying he’s got a better offer , I say I’ll think about it and make a better offer some time later and repeat.

Was told of some land next door for sale February 20 and finally got it bought and payed for following October.

Similar last year, spent most of the summer/autumn slowly increasing my bids before pulling out, looks like he was bouncing bids off the wall on that one but it’s harder to tell when you’re not in the room looking him in the eye.

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