Young Professionals Seek a London Home - Location Location Location - Real Estate TV
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- čas přidán 11. 11. 2023
- Location Location Location - S18 E11
In this episode of Location Location Location, watch as young professionals embark on their property journeys in the competitive London real estate market. Nish, a yoga instructor, faces the challenge of balancing location and space. Junior Dr. Michael and journalist Sam explore the options of buying a property together. With insightful commentary and property viewings, see the dilemmas and decisions unfold.
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Location, Location, Location takes you on a thrilling journey of house hunting and real estate adventures.
Join Phil Spencer & Kirstie Allsopp as they guide you through the world of interior design, home restoration, and house transformations. Discover inspiring locations, gain expert advice, and explore creative DIY projects for your dream home. Get ready for an exciting blend of house hunting, interior design inspiration, and valuable real estate insights.
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Banijay Home & Garden features the best shows on home renovation, gardening tips, and stunning landscaping projects. Explore our collection of full episodes from popular series like Location, Location, Location, Extreme Makeover Home Edition, and Portrait Artist of the Year. Join us on this exciting journey of transforming houses into dream homes and creating beautiful outdoor spaces.
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It's time to change house buying laws in England. Accepted offers should be signed by both parties as a binding contract. This present system just encourages this vertiginous rise in prices
I kept thinking, "wait? They accepted the offer"
Kirstles and Phil are the only ones who can do this programme. They are the programme 😊
Always Location, Location, Location with Kirstie and Phil. Doesn't matter how old - it's Kirstie and Phil that make the show. Other country's versions... meh. It's Kirstie and Phil we love!
Yep, 💯❕
I couldn't agree more 👍👍👍
I couldn't agree more! I'm watching from Argentina ❤
I am watching from South Africa 🇿🇦
Watching from the Caribbean!! These two 💯!! Loving Kirstie's bright outfits! 🌺💯😊
I live outside the UK now, but I still enjoy this show so much. Phil and Kirstie are great.
Really? He gratuitously slaughters animals and takes bragging pictures of himself with the poor creatures’ corpses. She puts the demands of nasty fetishistic autogynephilic men in front of the needs of women - even seriously ill women in hospital.
I haven’t seen this episode in ages! It was during London’s crazy “property bubble”. I was gutted for both buyers, but I did some research with the flat Nishita wanted to buy, the vendor actually accepted an offer way below what she offered with Phil. And I saw the flat on the market a long while ago selling for less than her 455k budget which is good in a way that she didn’t get it as it wouldn’t be a very good investment in the long run.
Even though I left England some 8 yrs ago I still love to see Kirstie and Phil, so thanks for sharing..
Thank you for posting Kirstie and Phil.
Great programme felt sorry for them both. As I always say it is always great to see young people working hard and trying to succeed against all odds nice people and I hope they find the homes they so deserve.
Also very sad news about Phills parents in August I hope he is coming to terms with such a tragic event in his life.
I wish him the very best of luck I succeeding in doing that.
They really are both brilliant presenters who make the show so entertaining to watch.
I feel so bad for Niche. Hopefully she found something just as elegant as that 7 sisters flat.
Phil completely charmed by Nish!!! So sweet and wholesome!
Blinded by her white teeth 😬✨
I lived in those E. and N. London locations as did my ancestors before leaving the UK for Canada. The transformations are unbelievable. No wonder there’s a huge price hike, unlike in the old working class days.
That’s the same all over the world of course
This episode was produced in 2015 and watching it in 2023, I find the clothing pretty up to date. I have been watching many old episodes and try to guess what year they were produced based on the fashion.
Accepting an offer should not be reneged on unless you are in a chain and something goes wrong with a purchase of a new property. This should be illegal. Follow through or don't accept.
I agree! It blows my mind that the UK real estate market allows such underhanded actions to happen. Here in Canada, if you make an offer, and it's accepted, that's it. If the deal does get cancelled, for whatever reason, the buyer loses their deposit. The vendor cannot legally change their minds without some financial penalty.
I agree. Here in Canada, as well as many other countries I presume, binding contracts are signed within hours of an offer accepted. There are financial penalties if the contract is breached and that’s the way it should be.
@@lindap8101that's the situation here when contracts are exchange. Frequently exchange and completion happen at the same time but that's optional
@@nancyn347 It's just England and Wales that can happen - it doesn't happen in Scotland.
😂 you can’t do that. What if someone dies or you lose your job. Also you always have the right with any purchase.
Thanks for posting! It's always nice to follow Phil & Kirsty's adventures with their clients. Sorry for these young people after seeing their offers accepted in the first place. I also like to discover different areas in London; and to know that today prices have skyrocketed!!
Would love to know exactly when a property goes unconditional? I find it an unacceptable practise for a vendor to agree a price with a purchaser and than back out and accepts another offer.
At point of exchange.
@@natashadavies9569useless reply - advises nothing at all
I believe a sale becomes unconditional when all conditions have been met (survey the property for building faults; finalise mortgage with the bank etc). Then the paperwork (contract of sale) is signed and nobody can back out. It seems to take forever in England - a truly dreadful system
So pretty. Finally nishika really gets a beautiful lawn
I got into a bidding war, and found out that the person who won, bid $5000 over me. I then heard that the seller reneged on his acceptance of their offer because he felt he could get more money, in re-listing. This can really hurt the reputation of a real estate agent, and I felt badly for the people who thought the loft was theirs. (Toronto, Canada). Meanwhile, people's lives hang in the balance.
Thirty one years ago I bought the 'dead cat' house. Still here and glad I found it!
That attic - with a view from the bath (ha) - was crazy expensive for it's size.
If you purchase with another person, do you have to have a contract together?
The property market is so difficult for young buyers. Even with a healthy budget, a good down payment and lots of good advice, things still don't always work out. I hope they found something in the end.
She was just lovely. So sad that she didn’t get that place. It really was perfect for her. Cheers!😊
Cómo siempre Phil muy dulce, enseñando casas bonitas y acogedoras 😉
I love watching this amazing couple. I hope their show will continue for quite some time.Mary. Auckland New Zealand
Not to be mean but I like when it sometimes doesn't work out as it shows the negatives and pluses of house hunting. I think it is important people who may interested in purchasing a home see both sides.
I agree. It also shows the viewers that this is not a scripted show. With the U.S. house shows, the buyers have already bought one of the 3 or 4 properties, and they pretend otherwise to make good viewing.
Mi opinión es diferente, se me hace muy cruel que te digan que si y luego acepten otra oferta.
It broke my heart that Nish lost the apartment. I loved it so much, it was absolutely perfect for her. Stupid system if, once sold and "taken off the market", it can be sold again if another party offers more money.
When was this aired? All these prices seem pretty cheap for todays london and the locations! Edit: Google tells me 2013, no wonder! You’re talking £600k+ for the same in Stoke Newington now
I m loving Kirstie and Phil they work so well together it’s a shame not of the buyers bought no houses
535k US dollars for that 1 bedroom flat. I knew London was expensive but wow….
I loved the properties both buyers chose.
Thank you very much!
If Niche's offer was accepted and the property was taken off of the market, why was someone else putting in an offer a week later?
Scummy vendors :)
If Sam was wise, he would drop airy Michael and wait until he can buy alone, buying with a ‘friend’ is risky! Phil’s client was delightful!
I think Sam is making a mistake by buying with Michael. It's just a feeling.
Train right behind the second apt? Nah
Phil fancies his pretty client....!
Phil's a red blooded heterosexual male. Of course he fancies her!
I think its only because she is alone..... He always remains very distant and respectful to the married ones@@nancyn347
No his fault she was flirting with him, some girls like older gents lol
@@crazywomanpressshe wasn’t, just giggly.
The buyers all made offers below asking price so I don't think its surprising the offended sellers chose not to go ahead with the property sales
But they accepted the offers….
Ahh such a shame. before I got to the end of the video I was worried their offer won't get accepted as lower than asking price but then was overjoyed when it got accepted. Got disappointed at the end of the video but not surprised having gone through this myself. IMO it's best to offer asking price or slightly over to better guarantee you get to completion without the vennor pulling out. Ngl the whole process is daunting especially for FTB.
They didn't show the bedrooms. So they are leasing not buying?
Once deal is accepted in Canada house is off the market unless mortgage approval fails
That's outrageous that an offer can be accepted and then someone else can come in and offer more. I've never heard of such a thing. Maybe those two didn't actually sign the contract or the seller didn't?
So many back and forth jokes btw Phil & Christy😊
Kirstie’s face at 13:19. 😂
Good catch! 😂
I don't understand how you can have an accepted offer and then another offer comes in that is better and the vendor accepts that one!!! In Canada that is not possible. If you accept an offer then you are committed legally to honouring that offer.
Like a handshake a persons word should have the same meaning. 👍💯
I find it interesting that "friends" are buying homes together. Dave Ramsey the financial expert says NEVER buy this way....TROUBLE ahead!! I wonder how the UK structures the contract.....
I agree; it would be actually interesting to see follow ups on what happened later on, when they decided to sell. Once (I don't remember what season it was), Phil and Kirstie had 3 friends who were buying an apartment together (the apartment was awesome, with humangous potential). Again, I would like to know what happened when they decided to sell (or let's say one decided the move, the other two decided to stay, how they settled financially.
I find it so strange that Kirstie was pushy about children with someone who’s single. She’s never said anything to any other single person who have appeared on the show. I think it’s uncalled for. It’s one thing to plan for the future when you have a partner. How the heck can you plan for the future when you don’t even have a boyfriend!?
Changing times. No daddy necessary, just sperm bank. Didn't you hear her talk about moving while pregnant? Not fun.
@@serenakoleno9338 I know, but it just seems so strange to suddenly bring it up.
I think it's cause the buyer was of a certain age. And it being more common that more single people have children now.
This buyer was specifically looking to buy while in a high earning job and then planning on downgrading into a job with greater satisfaction and a better work life balance. If children are part of the plan then she needs to future proof
It would be even better if you made it clear what is happening elsewhere in each property...not perfectly clear if the unit is second or third floor...
The UK is quite odd. Here in the USA, once a seller accepts an offer and both parties sign, it's a done deal unless inspection or financing falls through. It's not fair business practice to agree to something and then turn around behind someones back, and basically lie to them, saying they accept an agreed purchase, and then not fulfill a cotract. In the USA you could be sued doing that here.I don't get it ,and glad I don't live in the UK!
This happens before any contract is signed, it's called Gazumping, once a contract is signed though then it is binding. it takes time for contracts to be written so between the time of acceptance and contract, the house is still basically open to higher offers.
Thanks for the info. Interesting! Also do not get that "stamp" tax or "leasehold". We also don't have this is the USA. If you buy it you own it, no time strings attached!@@suzannebrookes5950
We also have 15 or 30 year mortgages here, those are the most common. It is my understanding that in the UK they do not have that either. Only shorter loans like a couple of years. Then you have to get a new loan
25 years is the cap for a mortgage, or atleast it used to be, there is now what's called an extended mortgage which can take you up to 40 years. @@michellewinkler3985
@@suzannebrookes5950Love that term! 😂
I saw sparks fly between Nish and Phil.....
man I really hope he asked her out after the show hahaha
2015?
Who'd buy in London! It's a shark pool.
A lot of people, lol
I hope sam got wiser and did got buy with friend😢
In the U.S. this would never happen. With an offer made and an offer accepted one goes to contract, which is legally binding. One cannot then say - "Oh, sorry - I've accepted a higher offer!
Phil and Nish up a 🌲... 😂
I don't think it's a good idea for these 2 guys to buy together ,,,,,,,,as for the girl her flat is beautiful I hope she's happy in it
My garage is bigger than that 425,000 flat, shocking price!
Location Location Location
This was also filmed years ago, so these flats are probably £100k more expensive.
И тут радужные. Да что ж такое-то!
Hbyabha ha ha she wants to do yoga out on her balcony in the fresh air..... in London a city of 13 million. Where every livable box is fought over tooth and nail! Yup the beautiful parks aren't good enough for Nish. Anyway all of those properties we saw have seen an increase in price to well over a million pounds yup..
Strange. At 455 you said Nishita cant afford anything. But at 330 you are searching for the guys
Different areas.
Completely different areas. North London is more expensive than East London
Most of you clearly did not read Milads open letter on CZcams. Then person that interfered for money and fame was his father in law and a person called Soraya. He never said any bad about his ex wife or badmouthed anybody like they do. So he broke his silence and wrote the letter.
It’s none of your business if she wants kids or not
Exactly and there was no evidence that she was even in a relationship!
A yoga teacher with 450 grand lol
It’s her side gig. She has a full time job on top of teaching yoga.
Her full-time job is in $ finance $
Are Kirstie and Phil a couple or just colleagues?
Colleagues. Phil has a wife, Kirstie has a long-term partner.
They are both a bit flirty (as salespeople often are!) and I think they play up the flirtiness together on the shoe because it works. As real estate shows go I think the people dynamic on this one is the best. I wish there were new (more recent) episodes!
@@mommat1306There are more recent episodes. They’re on another channel.
Who is Niche she's Gorgeous I have to meet her ❤
Show was filmed 7 years ago. She now has 8 kids, no teeth and her boobs are at her ankles.. at least that's what I keep telling myself.
I don’t understand how a seller can accept an offer on a house and then sell it to someone else. That is illegal in the USA.
No, it is not-----if your agreement is oral, only. In every US state of which I'm aware (I've bought real estate in three), the seller can back out until a written agreement is place, with no consequences, as can the buyer. After a written agreement has been signed, the seller cannot back out, and can be sued for specific performance, should he try. If the buyer backs out after a written agreement is in place, he simply loses his earnest money deposit that accompanied his written Offer to Purchase agreement, to the seller.
Sometimes she needs to shut up and listen. The person who hates everything didn't even open his mouth.
Was anyone else creeped out that Phil was flirting while clearly wearing a wedding ring?
It's part of the script, just like the flirting with Kirstie when they have different spouses.
Have you ever met an estate agent???
No, he was just being nice
I don’t think he was flirting, he seemed very nice and cautious!
Pretend flirting. It's all part of the programme's charm. Brits like banter and innuendo. And as a by the bye, I would be very happy in my next life to look like Nish! I think she is stunning.
To save money, Sam and Mike decided to share a one bedroom flat,... and one Queen size bed. However, that is when Dr. Michael's expectations, and criticisms, really hit high gear. Ever eager to keep the peace, Sam literally bent over backwards to calm the increasingly picky Doctor. This was not the Uni experience that Sam remembered. To ease household tensions they decided to adopt a cat. Haunted by Kristie's clever imagery of a cat in the apartment, they got a bird instead.
It's very sad
A lot of sexual tension.
Why does Kirstie think it's appropriate to ask a single woman with a successful career and side business about children in the future? I was gob smacked, she would never ask a single business man that.
Be yea she’s judgmental and arrogantly knows better than anyone what they need!
Because life comes at you fast !
@@fayesouthall6604 you are totally missing the point 🤦♀️
"Old friends?" Aren't those guys a couple?
They repeatedly said that they’re friends throughout the episode so I’m guessing no, lol.
Someone needs to go shopping for pretty dresses …
Pervz
Who?
Phil