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Debate House Prices
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Property: March house prices rise by 1 per cent
Dithering_Dad
Posts: 4,554 Forumite
Interesting article from the Independant:
http://www.independent.co.uk/life-style/house-and-home/property-march-house-prices-rise-by-1-per-cent-1453087.html
"ON CUE with the arrival of spring, and the surge in interest that the season traditionally generates, the Nationwide building society reports a 1 per cent rise in house prices for March. This coincides with reports by estate agents around the country of increased activity and shows that, following a similar rise in January and a 1.4 per cent fall in February, the big slide has practically stopped."
Article continues...
http://www.independent.co.uk/life-style/house-and-home/property-march-house-prices-rise-by-1-per-cent-1453087.html
"ON CUE with the arrival of spring, and the surge in interest that the season traditionally generates, the Nationwide building society reports a 1 per cent rise in house prices for March. This coincides with reports by estate agents around the country of increased activity and shows that, following a similar rise in January and a 1.4 per cent fall in February, the big slide has practically stopped."
Article continues...
Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
0
Comments
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weird! same thing happened in 93;)Prefer girls to money0
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the_ash_and_the_oak wrote: »weird! same thing happened in 93;)
As a student of history, I knew you'd see the parallel, TAATO
"If we ignore our past, then we have no future" - someone.Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Well, I predicted a slow down but not a rise.
Its interesting thats for sure, and indeed reflects anecdotals in the Buying and renting forum, and the mood.0 -
agreed...it would not surpise me to see a monthly rise this year, possibly two. and again next year. i would not expect to see 100% monthly falls each year - though i concede it possiblePrefer girls to money0
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Interesting. Hm... not what I would have predicted, but not entirely surprising given the increase in mortgage approvals and the oil price increases.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
There is a repossessed house just outside the area I'd like to buy in. The mortgagee in possession is selling for £500 more than the advertised asking price....0
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I wonder how the independent got hold of the figures pre release?
Good news though, will give the bears sore heads 0 -
TIMBER
Like A stone,
......Hang on did you say up.:D0 -
It might be worth making an offer, then Pee. I get the feeling lending standards are going to be tightening again soon, because there has been talk of limiting 100% mortgages.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
Prefer girls to money0
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