We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
How do I get my Dad off my back?
Comments
-
So a recovery is after many month on month price increases?
I think we can say that it would be !!!!!! to wait for a "recovery" until you buy then, by that definition at least.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
anniehanlon wrote: »you need to accept your dad is thick as pig shlt!
There was really no need for that. How dare you insult someone you dont know who is really only trying to help his family out. I really think you should edit your post and delete this part of it. Not helpful and not moneysaving which is the point of these boards.
"scouse" in the username, I wouldn't expect anything less.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
I still cannot believe that there are still people naive enough to believe that the market is recovering. There are no concrete signs of any recovery in the market. A blip perhaps, recovery no.
Keep hold of your money, you will be glad to have waited until at least next year. On top of that, interest rates are going back up by the end of the year and that will spell disaster for many home owners - although I am not for profiting on others sufferering etc, but the opportunity for cheaper property will be huge.
wow - what a great generalisation... you don't even know which area the guy lives in and your saying not to buy...
it doesn't matter when you buy as long as you can get a property at a good price and at a good mortgage rate.
if you can't get these you should wait but just don't tell people don't buy :rotfl:0 -
I still cannot believe that there are still people naive enough to believe that the market is recovering. There are no concrete signs of any recovery in the market. A blip perhaps, recovery no.
Keep hold of your money, you will be glad to have waited until at least next year. On top of that, interest rates are going back up by the end of the year and that will spell disaster for many home owners - although I am not for profiting on others sufferering etc, but the opportunity for cheaper property will be huge.
If you think that interest rates are going to go up, then it may be better to buy now on a long-term fixed rate, rather than wait and pay less for the house, but more on the mortgage over the term.0 -
If you think that interest rates are going to go up, then it may be better to buy now on a long-term fixed rate, rather than wait and pay less for the house, but more on the mortgage over the term.
Shh, that won't help talk the market down.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Your contradicting yourself.
If you only vote for the party you think will win, then you aren't thinking about their policies, only their popularity with the rest of the electorate.
Maybe your Dad actually thinks that LibDem policies are worth supporting, and fells the best way of showing his agreement is to vote for them.
He votes for them feeling they have a genuine possibility of gaining power, mainly because He dislikes the other two parties, not for his like of LibDem policies. Yet He genuinely believes the Lib Dems have a chance of leading.0 -
You can't just look at statistics and listen to the doom mongers.
We're about to spend nearly 500k on a house.
In this market, sat on a decent deposit and not having anything to sell, we've got an absolute bargain. It is, conservatively, about 20% below the price of what comparable properties HAVE sold for in the past 3 months.
Oh, and we want a nice house to live in. Absolutely hate renting so for us it is an absolute no-decision decision.0 -
At the 500k price range you stand to save a lot more by getting your mortgage now while rates are low too, good luck with it!This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
-
I think giving you £20K gives your Dad a right to have his say. I also think you are very wise not to be rushing into a house purchase, but I would suggest that you read up on mortgages and the housebuying process and viewed as many as possible so that you got a feel for the market and what was important to you.
You could discuss this information with your Dad,. so that he felt both included and that you were making progress.
What is happening with the housing market is beyond me, some people are not selling because the market is too low and other people are not buying as prices will come down. However if you happened to come across a property where the owners needed to sell, an inheritance, a divorce, a repossession, then you might find that now was a good time to buy, if that property suited your needs.0 -
At the 500k price range you stand to save a lot more by getting your mortgage now while rates are low too, good luck with it!
Thanks. That's my view as well.
We will be making as much in the way of overpayments as we possibly can whilst mortgage rates are so very low. We will probably fix for 3 years so in that time we will hopefully be able to make a dent to make it affordable IF rates go significantly higher than they were.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards