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Capitalise on house price falls (Buying tips)

135

Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    nollag2006 wrote: »
    Not round your way they haven't.

    House price inflation has risen from 3% to 11% in Hounslow during Q2 of 2010.

    See page 9:
    http://www.nationwide.co.uk/hpi/historical/Q2_2010.pdf
    I thanked this bit ... and smiled, as I thought it was an amusing post.
    nollag2006 wrote: »
    You are a bitter and nasty individual who comes on here spouting your nonsense philosophies that get ripped apart when you post on the Debate House prices board.
    Then I saw this bit and unthanked it .... thank goodness for the unthank button... now when I thank after the first line or two, then regret it later, at least I can retract.

    First bit: Good, amusing
    Second bit: No need, no need at all.
  • Thermidor
    Thermidor Posts: 269 Forumite
    brit1234 wrote: »
    They have finally started falling here in London as well, the last bastion of higher prices.

    For all those who want to check the asking price falls on Right Move here is the property bee link.

    http://www.property-bee.com/

    Its a more effective tool than the property snake mentioned in the article above. It shows the price and other changes in on the actual Right Move site.

    Also you can search for the daily drops or changes in your postcode by clicking 1-3 days added property.



    Complete and utter tosh!

    Now calm down old boy, you sound like you're about to explode. We all know you're desperate to try and buy a house for yourself, but screeching and wishing for one won't make it happen. Do you hyperventilate when you knock out your posts? You should avoid that, too. Overbreathing can make you pass out, you know.
  • Thermidor wrote: »
    Complete and utter tosh!

    Now calm down old boy, you sound like you're about to explode. We all know you're desperate to try and buy a house for yourself, but screeching and wishing for one won't make it happen. Do you hyperventilate when you knock out your posts? You should avoid that, too. Overbreathing can make you pass out, you know.
    Brilliant. On cue pickledpink=thermidor=breadlinebetty=honeypooper shows up!!
  • brit1234
    brit1234 Posts: 5,385 Forumite
    This is starting to get funny now. A few posters with multiple identities are trading insults because I have posted an article on a money saving website buying forum on how to get a better home price.

    Its a shame that they can't debate the articles points they disagree with rather than be nasty.

    However each snide little comment they make puts the thread back up to the top of this forum allowing more people to read the tips. For which I welcome, I just hope the after original quote posts don't put people off this forum.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Yes it's sad. As soon as house prices start to plummet the trolls start to invent false identities. It's just shows how worried they must be. And they should be worried as most of them are up to their necks in debts with BTL properties.
  • jockosjungle
    jockosjungle Posts: 759 Forumite
    Part of the Furniture 500 Posts Combo Breaker Home Insurance Hacker!
    Nice article, however I wouldn't exactly say house prices are plummeting here, at best we're talking a couple of % downwards and we've probably gone a couple of % upwards. One swallow doesn't make it summer, and all that.

    I'd think very carefully before gazundering someone, if someone did it to me I'd pull out on principle. What are you going to say? According to Nationwide prices have dropped 0.2% this month so I am lowering my offer accordingly.

    R
  • Muhasib
    Muhasib Posts: 236 Forumite
    How do you know that someone has multiple ID's ? is there an electronic trace or is it just intuition?

    I never realised about 'rewired' being the same as 'brit1234' as an observer it does seem slightly odd that you always recommend your own posts with the other id!

    is it always this bizarre on these forums?
  • brit1234
    brit1234 Posts: 5,385 Forumite
    muhasib wrote: »
    How do you know that someone has multiple ID's ? is there an electronic trace or is it just intuition?

    I never realised about 'rewired' being the same as 'brit1234' as an observer it does seem slightly odd that you always recommend your own posts with the other id!

    is it always this bizarre on these forums?

    Rewired is not me, the comment is wrong. Rewired was known as someone else a few years ago on here. He doesn't seem to post anymore just gives thanks. Not sure why but welcome the support

    Certain people on here with a vested interest in keeping property prices high (Bulls). So they insult and slur posters who state differently (Bears).

    By the way Nollag2006 and Chucky (Bulls) are the same person. We call peoples alter accounts Sock puppets. You can usually tell by their phrasing and knowledge they use.
    Originally Posted by jockosjungle Nice article, however I wouldn't exactly say house prices are plummeting here, at best we're talking a couple of % downwards and we've probably gone a couple of % upwards. One swallow doesn't make it summer, and all that.

    I'd think very carefully before gazundering someone, if someone did it to me I'd pull out on principle. What are you going to say? According to Nationwide prices have dropped 0.2% this month so I am lowering my offer accordingly.
    Its early days yet but all the trends show down. Nationwide should go negative this week or next month, all the others are already negative.

    Nationwide
    Mar + 1.0%
    Apr + 1.1%
    May + 0.5%
    Jun + 0.1%
    http://www.nationwide.co.uk/hpi/historical/jun_2010.pdf

    Halifax

    Mar + 1.0%
    Apr - 0.1%
    May - 0.4%
    Jun - 0.6%
    http://www.lloydsbankinggroup.com/me...dexMay2010.pdf

    Land Registry
    Mar - 0.3%
    Apr +0.2%
    May - 0.2%

    Acadametrics
    Mar - 0.5%
    Apr - 0.7%
    May - 0.2%
    Jun - 0.5%
    http://www.acadametrics.co.uk/acadHousePrices.php

    But enough of price falls, that's for another forum.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Thermidor wrote: »
    Complete and utter tosh!

    Why is this complete and utter tosh? You haven't got any evidence or reasoning behind your statement so you resort to personal insults.

    Very childish.
    Debt Is Slavery.
  • Lance
    Lance Posts: 559 Forumite
    I think we are getting close to the time when our economy will be revealed for mess it really is in. Already the Government props to prevent repossession are being removed. Unemployment will rise and the cuts will bite from November. Bank funds are being squeezed. Rightmove reports the number of sellers greatly increasing. http://www.independent.co.uk/money/mortgages/repossessions-likely-to-rise-as-options-run-out-for-struggling-homeowners-2034686.html
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