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Debate House Prices


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what will the interest rate cut do to house prices?

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Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    neverdespairgirl wrote: »
    You will, Oscar, you will.

    Changed my pasword last night, forgot it, And the email account I had it on is not active anymore:(.

    I put it all down early that is why I used the same name.:confused:
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    ad9898 wrote: »
    Paper money, that can be turned into real cash the moment I walked through and EA's door, with my offer, of course I'm not as next month my theoretical mortgage will be lower still as another month of falls kick in.

    So All HPI gains are real?

    I hate that argument as you have saved nothing! Savings are money in the bank sames as HPI it aint a profit untill its in the bank!
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    mr.broderick wrote: »
    Good for you I will not get personal as i know your wife left you for another man recently and you had to sell up against your wishes. Good luck for the future.

    Indeed, however alls well that ends well.
  • andys15
    andys15 Posts: 1,102 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    mr.broderick wrote: »
    Good for you I will not get personal as i know your wife left you for another man recently and you had to sell up against your wishes. Good luck for the future.


    ouch. bit below the belt. still he has saved 3500 this month
    Debt free. March 2020
    Mortgage free-August 2021
    Planned retirement date- 19/5/2026
    £29500 saved. Target £420000(19/05/2026)
  • andys15
    andys15 Posts: 1,102 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    ad9898 wrote: »
    Paper money, that can be turned into real cash the moment I walked through and EA's door, with my offer, of course I'm not as next month my theoretical mortgage will be lower still as another month of falls kick in.
    nonsence./////////////
    Debt free. March 2020
    Mortgage free-August 2021
    Planned retirement date- 19/5/2026
    £29500 saved. Target £420000(19/05/2026)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    moneymare wrote: »
    Actually, he said his mortgage was £50k, not the value of the property.....;)

    Actually he said he paid a deposit of 2.5k so I assumed his property was 52.5k is that not logical?
    Or he paid a deposit of 5%, 5% of 50k =2.5k so could have been 50k. What do you suggest the price of the house was?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    ad9898 wrote: »
    Indeed, however alls well that ends well.

    I was serious, didn't mean it as a dig. ad told everyone on the board earlier this year, top man, he deserves to get lucky.
  • geoffky
    geoffky Posts: 6,835 Forumite
    cheap shot......cheap man
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • teabelly
    teabelly Posts: 1,229 Forumite
    Part of the Furniture
    Really2 wrote: »
    So All HPI gains are real?

    I hate that argument as you have saved nothing! Savings are money in the bank sames as HPI it aint a profit untill its in the bank!

    Unless you stuck it an icelandic bank then wowee what a loss. Should have left it safely in the bricks ;)
  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    Really2 - "So All HPI gains are real?"

    (on ignore, but was in Teabelly's reply...couldn't miss it.)


    According to Mitchaa they are...
This discussion has been closed.
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