Was The End of Last Year the bottom of the Market?

Graham_Devon

bluey890 wrote: »

Many houses are now paid for. Plus more and more people living under one roof. House price stabilization perhaps?

That is unless the Tories increase interest rates or reduce help to homeowners unable to pay their mortgages.

Hey, I know you are a labour supporter.

But you cannot say "unless the tories raise interest rates" unless you go against everything Brown says about the BOE being independant.

The BOE will raise rates, and will HAVE to. They can't stay at 0.5%.

bluey890

Graham_Devon wrote: »

Hey, I know you are a labour supporter.

But you cannot say "unless the tories raise interest rates" unless you go against everything Brown says about the BOE being independant.

The BOE will raise rates, and will HAVE to. They can't stay at 0.5%.

You got me. :rolleyes: Given you're powers of intuition. I'll take a wild guess and say that you're of the male sex?

ShelleyC_2

I say no but maybe I'm wrong and be a unhappy non-smug

Graham_Devon

bluey890 wrote: »

You got me. :rolleyes: Given you're powers of intuition. I'll take a wild guess and say that you're of the male sex?

No, I'm a bird. Just like to call myself Graham for fun.

bluey890

Graham_Devon wrote: »

No, I'm a bird. Just like to call myself Graham for fun.

Was Graham your preop name?

Graham_Devon

bluey890 wrote: »

Was Graham your preop name?

No, that was Grahetta, but I didn't think it had much mystery surrounding it.

Treadmill

I bought in September 2008, and am buying again, I've just reserved another new build house, Persimmon have taken my house in Part Ex for 7K more than I paid for it 9 months ago.

Read into that what you will

nearlynew

treadmill wrote: »

i bought in september 2008, and am buying again, i've just reserved another new build house, persimmon have taken my house in part ex for 7k more than i paid for it 9 months ago.

Read into that what you will

.....................wow..............

YOU'RE NOT CALLED TREADMILL FOR NOTHING, ARE YOU?

bo_drinker

Treadmill wrote: »

I bought in September 2008, and am buying again, I've just reserved another new build house, Persimmon have taken my house in Part Ex for 7K more than I paid for it 9 months ago.

Read into that what you will

They need to be seen to be moving stock and will juggle figures to suit, and if they lose on paper then it goes against tax Simple as. They are taking a hit on the profit they would have had back in the day, but that was then, things are different now. Hope you screwed them for carpets, stamp duty and other freebies as they are having a sale now.

Treadmill

I rejected all the offers of carpets, turf etc and concentrated on getting the price down, the 5% cashback is nonsense too, it comes in the form of a cheque after you've exchanged for the agreed price... pointless, you still have to borrow it before you get it back.

The house that I bought in September and just chopped in was a new build from Persimmon so I've put the experience of buying that to use.

The reason I'm moving so quick is that In september I bought the biggest house I could afford comfortably, but I've just been promoted and my pay has increased by £1000 a month take home, I can pay my existing mortgage comfortably so have decided to borrow another 100k and move to a bigger house.