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Debate House Prices
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house prices continue to drop ....
Comments
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MadnessOfHPC wrote: »To be frank this thread should be locked as it's nothing more than blatant scaremongering especially when you consider the last Halifax figures pointed to a clear 0.2% rise in prices.
That's funny. You HPI cheerleaders have always said that when prices start to rise, more credit becomes available so more people buy.
So if prices are rising, how come the opposite is happening?
One of your arguments must be false.... either prices are falling or mortgages are getting easier to obtain.
Which is it?"The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
MadnessOfHPC wrote: »To be frank this thread should be locked as it's nothing more than blatant scaremongering especially when you consider the last Halifax figures pointed to a clear 0.2% rise in prices.
But I thought Nationwide pointed to a clear 0.9% reduction :huh:
Of course it dosen't apply here in Aberdeen. We rely on the Hamish Aberdeen Index Record, or HAIR for short. It only goes down if you're Ginger
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IveSeenTheLight wrote: »No, a 4 bed detached in Kingseat.
P.S. Rab C Nesbitt was a character based in Glasgow, not Aberdeen.
It would be good if these [STRIKE]sockies[/STRIKE] forum characters got their information right
Oi !!!!!!, if you'd done yer homework you'd see I moved to Aberdeen from Glasgow five years ago - check my previous postings
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des_cartes wrote: »If lenders are wanting 20%+ deposits that should be telling you something about what they expect to happen to house prices.
Lenders are not restricting to a minimum 20% deposit.
They did when prices were falling, but not now.
Indeed there are a number of lower deposit products with falling moretgage rates available.des_cartes wrote: »I took my first mortgage out @ 7%. within a year it had doubled.
That was your risk. You could have fixed and not had to double you interest payments.des_cartes wrote: »IMO anyone basing affordability on 5% ir's could be in for a shock. Of course rates may stay low, but as someone who has lived through rapid interest rate rises, I wouldn't want to take that chance.
Certainly there are many market indicators which points to low interest rates for a while to come.
Many don't expect to see rates back to 5% before another 5 years.
That's an oppoertunity to go through 20% of a standard mortgage lifetime, with rates extremely lowdes_cartes wrote: »Even a 5 year fix has and end date (and a hefty fee!!)
5 year fixes are lowering as is their arrangement fees.
When you bought with rates at 7%, wouldn't you have loved there to be a 5 year fix from 3.94% with a £99 booking fee as there is now?
https://mortgages.hsbc.co.uk/product/186-5-year-fixed-special:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Aberdeenangarse wrote: »Oi !!!!!!, if you'd done yer homework you'd see I moved to Aberdeen from Glasgow five years ago - check my previous postings
I have no interest in trolling your previous posts.
Indeed my spider senses are tingling and telling me to take much of what you say with a huge pinch of salt.
Of course, if you do wish to discuss thing of fact, I'm happy to do so.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
MadnessOfHPC wrote: »To be frank this thread should be locked as it's nothing more than blatant scaremongering especially when you consider the last Halifax figures pointed to a clear 0.2% rise in prices.
Either your satire is getting too subtle (for me at least), or you've been serious in your earlier posts...
Additionally the Halifax figures didn't 'point[] to a clear 0.2% rise' they were a 0.2% rise. This increase might point to continued property price rises for example.Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...0 -
Just checked again...
Yep.
Prices are still dropping."The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
Winter 2011? or 2012?MadnessOfHPC wrote: »An ideal opportunity for FTBers to snap up a bargain until the next leg up in Winter.0 -
:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:MadnessOfHPC wrote: »All indicators point to modest single digit price increases this coming Winter before exponential rises next year.0 -
MadnessOfHPC wrote: »All indicators point to modest single digit price increases this coming Winter before exponential rises next year.
I've just had to go and change my underwear :eek: You really make me laugh Madness :j Do you do stand up?0
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