Council's way of Selling Houses
 

I recently saw a property up for sale (terrace house), the advertising board was for HBC.

Wondering what the price of the property was or expecting it would be for aucton I rang the number on the board.

It was explained to me (how I took it) that if you where interested, you put your offer in a envelope, dropped it of at the council offices, they them grouped them all together and on the 23rd Feb 2007 they opened the envelopes and the highest price wins.

I am still awaiting some information they promised to send me, but it seems a funny way of selling a property to me.

Re: Council's way of Selling Houses
 

99% of all property in Scotland is sold that way, by sealed bids. It's a bit of a con really, because you are expected to have had a survey done on it before the auction, and if you are successful you are legally bound to buy it.

In this case, rather than going to sealed bids, a public auction would have been much fairer, and might actually have raised the council more money.

Good luck, if you decide to go for it.

Re: Council's way of Selling Houses
 

very strange and to be honest its quite open to fraud , not that i would ever imagine a councilor would ever do any wrong but having access to envelopes or somone who knows teh highest bid could make a few grand after a quick sale on a ex council house

yes iem a cynical sod but if auctioning it shoudl go through a propper auction

ps:

seen as your a bit flush mr d can u lend us a couple of hundred quid i just got a car repair bill to pay and big holes in the road damaging my car arnt covered by my insurance :rolleyes:

Re: Council's way of Selling Houses
 

Thats how I took it sounded a bit of a con.

The property would NEED a survey as its a large house thats been empty for some time.

TBH I will probably give it a miss or just put in a low offer and keep my fingers crossed.

Wonder who has acess to the envelopes before the draw.:confused:

Re: Council's way of Selling Houses
 

My thoughts exactly.

Me flush I wish:( , funny though I also have car damage from big holes in the road, I even once fell down one and badly hurt my ancle.

Re: Council's way of Selling Houses
 

It's like any tender that's submitted to the council, it will all be done legally and above board, and will probably be conducted by an independent soliciter.

Like I said, it's common in Scotland, but it's annoying way to sell a house, especially for the purchaser.

Re: Council's way of Selling Houses
 

hahahahahahaha hahahahahahahaha

hang on heres a more realistic theory

It's like any tender that's submitted to the council, it will all be done with favours or back handers, and will probably be conducted by a solicitor that is a friend of a councilor


they shouldnt be selling council houses anyway , what they get for it will be nothing compared to the rent they willbe paying for a family to live in a privatly rented house that could have lived in it

Re: Council's way of Selling Houses
 

Ok then, the next time you are telling the leader of HBC that you are psychic, and that you are getting a 'P' through from your spirit guide, in the Rose & Crown, ask him how much it is.:D

Re: Council's way of Selling Houses
 

usually the only reason a council would sell a house is due to the work involved to get it up to standard, it must be bad if it didn't get transferred when they did the rest!!!

Re: Council's way of Selling Houses
 

Re: Council's way of Selling Houses
 

Well throwing another bone in completion time is an average of 6 weeks up here.

Re: Council's way of Selling Houses
 

...and your finances must have been sorted prior to that date.

I don't know about this particular property, but mose auctioned houses are quite hard to secure a mortgage on, especially as Harwood Red says, it might be in a state of disrepair, and hence the sealed bid auction.

Re: Council's way of Selling Houses
 

Which is why some interlopers who venture up here end up on their preverbials.

Re: Council's way of Selling Houses
 

Re: Council's way of Selling Houses
 

you get a mortgage guarantee from teh lender

If you win you take it up, if you don't they let it lapse

Re: Council's way of Selling Houses
 

Its not a council house as such ,its a end terrace.

I am not going to bother putting a bid in i recon looking at it again it would require a lot of work.

Probably be snapped up by some southern developer.

Re: Council's way of Selling Houses
 

You could try claiming for the damage from Lancashire County Council. They are responsible for the roads. Several years ago a friend of mine got them to replace a car wheel after it was damaged hitting a big pot hole.

It's worth a phone call.

Re: Council's way of Selling Houses
 

Re: Council's way of Selling Houses
 

You can raise a mortgage on almost anything, though the lender will only loan you as much as they think it is worth in it's present state, in case it's defaulted on, and they need to get their money back by reselling it.

In this case it would be difficult to raise a mortgage on a property that is in a bad state of disrepair. They would almost certainly demand that a full structural survey is carried out, paid for by the person seeking the loan. Making it an extremely unattractive prospective purchase for most people, other than was said earlier by a property developer, who would probably pay cash, as do most of the buyers of properties at auctions.

It's a risk, but someone could strike lucky by putting in a cheeky bid, you never know.

Re: Council's way of Selling Houses
 

Hyndburn Borough Council can't even work out how to lie straight in bed, why p**s about like this, and as chav 1 rightly says leave themselves open to accusations of corruption, surely the easyest way would have been to shove it on 'Homes Under The Hammer' P.B. mighn't have got his mug on morning television, instead of his own personal news- sheet 'The Thobserver'. (No it's not a spelling mishtake).

Re: Council's way of Selling Houses
 

Without knowing the details of HBC's sale of this house, in Scotland the sealed bids are given on an offers over price.

It would be nice to think the council has had at least a couple of valuations on this property, and that only bids over a certain price are accepted.

Or as I said earlier a cheeky bid of £5.50p might just clinch it.:D

Re: Council's way of Selling Houses
 

its a con , somebodys on a nice little earner with this, is my opinion, any councillors dont like it = SUE ME.;)

Re: Council's way of Selling Houses
 

I disagree. Things like this are now very tightly scrutinised, for obvious reasons.

Re: Council's way of Selling Houses
 

...even things like gerrymandering for prospective voters, like Dame Shirley Porter did in Westminster, are nigh on impossible now. There is so much more public accountability now in government than ever before. Besides the opposition would love to uncover a scandal if it did happened.

Re: Council's way of Selling Houses
 

By Who HBC?:rofl38: :rofl38: :rofl38: so are elections an they have been fiddled.

Re: Council's way of Selling Houses
 

Where there is muck there is brass, where there is brass there is muck, 'cashy' bob on as usual, garinda stop being so mischievous, you are certainly not naive, cynical a little bit, geremandering by gum your begining to sound like Ian Paisley, does thet mean messing about with borders to try to grab 'your sort' of voters. Tell you what garinda that avitar has style, is your mugshot from Styal.:D £5.50 Tha can have mine for that.:D

Re: Council's way of Selling Houses
 

jsut to be clear i am not saying a councilor would buy this property and make a proffit

that would be to obviuos

probably make sure a friend got it and split the proffits ;)

unless HBC have a councilor called A.Councilor i shoud be safe from being sued :Banane45:

Re: Council's way of Selling Houses
 

Do we know where this particu;ar property is?

There's an eyesore at the bottom of our row that could do with going on 'Homes Under The Hammer'. :rolleyes:

Re: Council's way of Selling Houses
 

Someone said to me the other day that they should start bull dozing at the bottom of Willows lane and not stop until they reach Green Haworth golf course. I thought that was a bit extreme personally.

Re: Council's way of Selling Houses
 

They demolish/sell the old solid if somewhat "broken" houses and then throw up lightwieght plasterboard palaces that cost a little to build and a lot to sell.

Re: Council's way of Selling Houses
 

Its near Plantation Street.

Re: Council's way of Selling Houses
 

Re: Council's way of Selling Houses
 

Re: Council's way of Selling Houses
 

Re: Council's way of Selling Houses
 

Be careful you could end up spending money on surveys for nothing, large houses can just eat up money, but on the up side once its yours you can do the work as you can afford it