malumbu Posted March 17, 2016 Share Posted March 17, 2016 Loft extensions on left of mebasements on the rightHere I am, stuck in the middle of it(to the tune of Stuck in the Middle with you, by Stealers Wheel)Understand why owners, particularly with families, need more space.But building has gone mad at the moments which seems to be driven more by investment return than physical need.Just surreal when there is a shortage of housing in London.I am not going to be King Canute and try and stop the tide but interested in others' views including you capitalist barstool sons and daughters of Thatcher who think all this is great. Please take these comments in jest Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/ Share on other sites More sharing options...
Jeremy Posted March 17, 2016 Share Posted March 17, 2016 malumbu Wrote:-------------------------------------------------------> seems to be driven more by investment return than physical need.One hell of an assumption...And I don't understand the implied juxtaposition between a housing shortage and extending your home. Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975071 Share on other sites More sharing options...
TheArtfulDogger Posted March 17, 2016 Share Posted March 17, 2016 Building work and increased numbers of construction sites is always a good indicator of the economic state of the nation, so I always think it's a good thing Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975074 Share on other sites More sharing options...
LondonMix Posted March 17, 2016 Share Posted March 17, 2016 I don't think people extend houses unless they want to utilise the additional space. I agree someone wanting a 4 bed may think its better to buy a 3 bed and extend it themselves (its saves the money upfront and builds equity) but that doesn't mean they don't want 4 bedrooms. In fact for many, doing work might be the only way they can afford to get the space they want.I say want, because no one needs space-- humans used to live in caves and 100 years ago 11 people would easily live in a small Victorian terrace. What we want / feel we need changes over time and there is nothing wrong with that. Less space has been shown to cause people higher levels of stress, particularly families. Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975079 Share on other sites More sharing options...
malumbu Posted March 17, 2016 Author Share Posted March 17, 2016 There is an irony that there is a glut of extensions whilst not enough housing, in particular affordable housing.And people view this area as a place to invest.In my single party state we'd all have a maximum space allocation in our people's utopian palacre Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975102 Share on other sites More sharing options...
miga Posted March 17, 2016 Share Posted March 17, 2016 malumbu Wrote:-------------------------------------------------------> There is an irony that there is a glut of> extensions whilst not enough housing, in> particular affordable housing.Actually - I think the two go hand in hand. The affordability of housing affects even people in housing already. As prices jump, the gap between the steps on the ladder increases. So going from a 200k place to a 400k place, becomes 400k to 800k place or whatever (pedants accept the principle and don't worry about the actual numbers, pls., I get there are holes in the example). This is on top of stamp duties, removal costs, hours and hours of dull admin and general upheaval. On the other hand, remortgaging and using theoretical equity for works gets people the space they want.On top of which, I'm not sure good quality extensions etc. necessarily make a lot of, if any, money - it's a lot of hassle when equity gains in this crazy market are so good. Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975116 Share on other sites More sharing options...
uncleglen Posted March 17, 2016 Share Posted March 17, 2016 most of the extensions I've seen are carbuncles. Also, I dread to think what it's done to the air quality around here, added to the 20mph limit- extensions cut down the garden areas as well Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975126 Share on other sites More sharing options...
Seabag Posted March 17, 2016 Share Posted March 17, 2016 People are extending not movingIt's the way of the world here in LondonBe happy, or move to West Croydon Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975134 Share on other sites More sharing options...
red devil Posted March 17, 2016 Share Posted March 17, 2016 http://cdn.meme.am/instances/63618293.jpg Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975139 Share on other sites More sharing options...
LondonMix Posted March 17, 2016 Share Posted March 17, 2016 I agree with miga. Its more affordable to extend than move for more space, which is one major reason people do it.Malumbu on your dystopian dictatorship how much space would we all get? Would we just get sleeping pods like in Japan? Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975140 Share on other sites More sharing options...
apbremer Posted March 18, 2016 Share Posted March 18, 2016 Thanks to Osborne's daft stamp duty hikes it now makes a lot of sense to extend rather than give the Government yet more money to waste. Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975462 Share on other sites More sharing options...
Jeremy Posted March 18, 2016 Share Posted March 18, 2016 Isn't the stamp duty increase on BTL and second homes? Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975467 Share on other sites More sharing options...
LondonMix Posted March 18, 2016 Share Posted March 18, 2016 The new increase is but the entire system was revamped a year ago. If you house was worth less than 1m, you save stamp duty compared to the old system. If its worth more than that though, you are paying additional stamp duty. So to move up the ladder (at or above 1m) has become relatively more expensive. Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975486 Share on other sites More sharing options...
uncleglen Posted March 18, 2016 Share Posted March 18, 2016 The only time I challenged an planning permission I discovered that it was submitted by a property developer from South West London...admittedly owner/occupiers would extend if they need to , but actually how many of these planning applications for extensions are distant property developers trying to divide the houses up into flats I wonder? Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975516 Share on other sites More sharing options...
miga Posted March 18, 2016 Share Posted March 18, 2016 Now I'm being a pedant, but I remember I ended up drawing out the changes at the time - 2014 - (because I felt burnt for buying a few months previous to the changes), and the stamp duty was equal to the previous regime at the upper bounds of each of the previous ranges (i.e at 249,999, 499,999 etc.). Not that it matters to the general theme of stamp duty being a strong argument against moving house. Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975535 Share on other sites More sharing options...
LondonMix Posted March 18, 2016 Share Posted March 18, 2016 You are right-- near the humps where the bands change that's correct. I wasn't trying to give the minute detail of the changes just the general point that you were likely better off below 1m and worse off above it if you want to move. Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975553 Share on other sites More sharing options...
miga Posted March 18, 2016 Share Posted March 18, 2016 Right on. Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975668 Share on other sites More sharing options...
malumbu Posted March 18, 2016 Author Share Posted March 18, 2016 Why have none of you picked up on the point of my thread. Is East Dulwich unbelievably stupid?So - good place to move to because of improved connectivity and relatively cheaper prices. Yes I get thatOpportunities to make smaller places into family houses, so cheaper to trade up (and avoid estate agent fees, stamp duty, the hassle of moving). Yes I get that.But the size of some of the projects? OK perhaps you are expecting to have a massive family, have your parents move in etc. Some of this must surely be for investment purposes.I'd rather people post and say "yes, I don't care about affordable housing, I want to make a good return, you are just envious Malumbu". I may not like it but at least it is honest.Not some of the piffle above. Not good debate. Come back when you have thought properly about it with an objective view. Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975707 Share on other sites More sharing options...
Jeremy Posted March 18, 2016 Share Posted March 18, 2016 Really don't know what you're talking about... Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975733 Share on other sites More sharing options...
alice Posted March 18, 2016 Share Posted March 18, 2016 https://planningjungle.com/wp-content/uploads/Part-1-of-the-GPDO-The-10-Worst-Permitted-Development-Loopholes.pdf Try this for size Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975734 Share on other sites More sharing options...
miga Posted March 19, 2016 Share Posted March 19, 2016 malumbu Wrote:-------------------------------------------------------> Not some of the piffle above. Not good debate. > Come back when you have thought properly about it> with an objective view. And will you come back when your definition of ironic isn't from an Alanis Morisette song? Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975796 Share on other sites More sharing options...
???? Posted March 19, 2016 Share Posted March 19, 2016 Just bizzarre Malambu....... Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975847 Share on other sites More sharing options...
DulwichFox Posted March 19, 2016 Share Posted March 19, 2016 With all the building work going on.. When the sun shines, it's like being on a permenant Spanish Resort Holiday.. ..For FREE... Foxy Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975900 Share on other sites More sharing options...
miga Posted March 19, 2016 Share Posted March 19, 2016 Albeit with fewer Poms ;-) Link to comment https://www.eastdulwichforum.co.uk/topic/98378-i-feel-like-i-am-stuck-in-the-middle-of-a-building-site/#findComment-975903 Share on other sites More sharing options...
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