what will the interest rate cut do to house prices?

ad9898_3

!!!!!!? wrote: »

Such a pity as NR were making good progress in repaying the UK taxpayer until Brown threw down the clunking fist.

I still can't believe people think he's handling this crisis well, he's absolutely useless.

Its like he paid for a free bar at your local on a Friday night, told everyone to get totally hammered, he then robbed everyones wallet, the next day everyone got up with the mother of all headaches, he then used the money he stole from the wallets and said 'come on guys, the best way to feel better is hit the pub and do it all again, and look at all this money I have, so don't worry I will pay':rolleyes:

And everyone has swallowed it, like he is some guru !!, unbelievable.

WTF?_2

ad9898 wrote: »

I still can't believe people think he's handling this crisis well, he's absolutely useless.

Its like he paid for a free bar at your local on a Friday night, told everyone to get totally hammered, he then robbed everyones wallet, the next day everyone got up with the mother of all headaches, he then used the money he stole from the wallets and said 'come on guys, the best way to feel better is hit the pub and do it all again, and look at all this money I have, so don't worry I will pay':rolleyes:

And everyone has swallowed it, like he is some guru !!, unbelievable.

I detect the sticky fingers of spin-meister Mandelson.

Kenny4315

Gordon Brown is a Clown

IveSeenTheLight

Generali wrote: »

FWIW, every analysis of LR and Haliwide I have seen has shown that the three sets of figures are consistant as long as you factor in a lag of about 3-4 months for the LR figures.

I fully accpet that there is a lag between sata, however the figures are not exactly consistant between HBOS and Nationwide.

HBOS in July had: -
Aberdeen at £195,868
Aberdeenshire at £214,394

Nationwide in July had: -
Aberdeen City at £225,124
Aberdeenshire & Moray at £165,600

Registers of Scotland Executive had July at: -
Aberdeen City at £184,687
Aberdeenshire at £211,463

So you can see that all three are different with RoSE and HBOS very close to each other and Nationwide obviously reporting different stats.

Like I said, I agree that Nationwide and HBOs can be used as guidelines, with the fastest access to the data, however best actual results is gathered from RoSe or LR after the lag period.

drbeat

mr.broderick wrote: »

Interesting put offers in on 2 properties the other day, cheely offers.
Phone calls today from ea's saying vendors had accepted near asking offers from ftb'ers. I tried to call their bluff and visited one of the properties and spoke to the vendor who confirmed offer had been given.

Yeah I bet you did! Mondeo sales slowing then?

Really2

Really2 wrote: »

Nothing,

You may see less reposessions because of the rate cut but that will be it. (due to lower mortgage costs and cheaper business costs, less job cuts)

Expect to see mortgages overpaid to claw back some of the equity lost over the last year.

Not a bad prediction, nice to look over some of these old threads but were we wrong on house prices?
I don't think we were as mortgage rates never really fell that much TBH.

Pobby

Also folk talking about low IR`s. Long before the days when Gordon saved the world.