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What do you predict?
Comments
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I predict a riot.
I predict a riot.0 -
£175000
so i reckon about 5 times wage and 125% mortgage should cover it still.Debt free. March 2020
Mortgage free-August 2021
Planned retirement date- 19/5/2026
£29500 saved. Target £420000(19/05/2026)0 -
140k (approximately 25-30% down from peak)0
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:laugh::laugh::laugh::laugh::laugh:
Lets meet back here in Oct 2010 (can you remind me nearer the time) to see how things panned out. I can't believe you got two thanks for that post - human nature is amazing.18 May 2007 (start of Mortgage):
Coventry Offset Mortgage £220800
Offset Savings: £0
Mortgage Balance: £220,800
14 Jan 08
Coventry Offest Mortgage: 219002
Offset Savings: 28200
Mortage Balance: £190802
And still chucking every spare penny into it!0 -
140k
need more chars0 -
100 k
..........................0 -
125000.00 £More bearish than bullish at the moment0
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£120k-£130k in a couple of years time.No reliance should be placed on the above! Absolutely none, do you hear?0
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£134,531.87 (give or take 34p either way)0
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Max_Headroom wrote: ȣ100K.
It wasn't that long ago you could by a decent three bedroom terrace for £50-60K.
The problem is our collective mindset has become used to seeing these places at £150K and it's hard to remove that from the thought process.
Which area are you referring to?
According to HBOS, the last time the UK average was below £60k was Q2 1988.
http://www.hbosplc.com/economy/includes/09_10_08historicdata.xls
That's more than 20 years ago!!! or a 68% drop required to return to those figures 60K figures or 73% to return to 50k figures
Granted some areas will be below the UK average.
The North was below £60k in Q3 2001 (7 years ago or a further 57% drop required for 60k or 64% for 50k)
Question: Do people regard a decent 3 bed terraced house as an 'average' property?:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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