Surveyors & Lendors Deliberately Under Valuing Property

pete80 wrote: »

Dan,

Wouldn't that be the TR1 (Transfer of Title ) document? This should have both your name as owner and also details of the mortgage lender.

No, it is the full and original document from H.M.Land Registry

chucky wrote: »

you didn't i did



i'm awake old chap... i'm awake... i'm questioning the fact that you said only fall; they could stay flat or end up flat YOY...



i thought is was when they started to creep over 10% when it would have an impact on house prices



don't forget that these past increases will be pulled back over the next 9 months and we may end up level - just my opinion of course...



i preferred your last post it explained your view better.
the other came across as unemployment exclusively affects home owners and in turn dropping house prices which obviously isn't the case.

copy & paste from the original post in italics below - I did not mention fall at all, so your opinion could be right too chucky, old chap.:rolleyes:

You may be very happy with a few monthly rises, but that does not mean with another million unemployed by end of 2010, that house prices will still be rising.

I should think that 3.5 million or 3.8 million as some report should be OVER 10% as when the statistics were printed in March 2009 there were 29.379 million employed.

With regards to chances of house prices dropping if unemployment goes up so much then IMO it is likely that some people losing their jobs may not be able to keep up repayments. As I said our opinions may differ so no probs they may go up or down or stay the same, my money has been made on the US housing market dropping.

I just couldn't put money into buying a house in the UK while I think the risks of further fall are there, just my opinion not every investment gamble has turned out right for me but I have done quite well out of them over the years.

chucky wrote: »

i agreed with your previous post except for interest rates being at low levgels - once they move up unemployment will be much more of an impact.

apologies you'll have to ignore Mewbie - tries to go round undermining other posters and trying to be popular. after 4,000 odd posts we're still waiting for something interesting or remotely related to the economy...

ps. i've no need for another user name - i can say everything i need to say with this one...

It's good we have partial agreement at least, it's only the low rates now that have stopped/slowed the HP correction/crash.

If other economic factors push the MPC into seriously raising rates then the whole story may unfold. But there are also conflicting estimates from analysts on how long the low rates can be held so I'll hold off a prediction on that one.

Have a good day Chucky and leave Mewbie alone, there's more than one wind-up merchant on these boards;)

SingleSue wrote: »

Aww Chucky, leave our Mewbie alone....he brightens up my day.:D

FungusFighter's is going to be so dissapointed to find his mewbs is 'playing away from home'.
I am pleased to see* you're getting some SS.

edit: not meant literally - i haven't installed secret cctv devices in your home.