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!
An estate agent told me the market is falling.
Comments
-
Isnt the average salary something like £25k? Lets say a couple have a joint income below that at £40k. If they do actually want to buy a house, between 25-30 they should really have saved at least £30k. Give them a 3X multiple of their wage and get £120k, so a £150k house, almost yer average house price.
My mortgage costs me nearly 50% less than renting did.
I doubt you will find too many 25-30 years old couples with 30K savings. More like 30K in student debts between them. Also not sure whether the average 25-30 year old is on 25K.
Regardless of the above they are only putting down 20% so will need a near perfect credit history and pretty good back accounts.
As has been previously said getting a mortgage is hard work at the moment especially for those with less than 25% deposit.0 -
Somebody at work told me yesterday that prices are falling. Something is filtering through to public awareness.Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
0 -
ruggedtoast wrote: »An estate agent told me the market is falling.
So there you are, end of speculation.
We are all told estate agents are liars, so does that mean prices are rising?0 -
I'd just put an offer in too. Unfortunately in this case it was to tell me that in this case the vendor was unaware the market was falling so wouldn't take my offer.
Which I suppose in a sense means his bit of the market hasn't fallen.
You are the one who sounds unaware to me. You put a silly offer in and the seller dismissed it.
No need to elaborate more or dissect it. You can't afford this place. Houses obviously are not going down in price are they?
Smell the coffee.We love Sarah O Grady0 -
ruggedtoast wrote: »An estate agent told me the market is falling.
Oh, so now you believe estate agents.:p
Typical.
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »Oh, so now you believe estate agents.:p
Typical.
I am happy to believe anyone but you.
That maybe because you are a piece of fiction.
0 -
You are the one who sounds unaware to me. You put a silly offer in and the seller dismissed it.
No need to elaborate more or dissect it. You can't afford this place. Houses obviously are not going down in price are they?
Smell the coffee.
Oh dear Sibbers. You dont like it.
You dont like it at all do you?
:rotfl:0 -
not that it tells you much but the agent i've always used in the past has started to contact me about buying again.
either there isn't enough buyers out there and they need more viewings or he's just finding out how i'm keeping...0 -
not that it tells you much but the agent i've always used in the past has started to contact me about buying again.
either there isn't enough buyers out there and they need more viewings or he's just finding out how i'm keeping...
My limited experience is that when there are buyers about you can't get an estate agent to talk to you, when there aren't you can't get the beggurs off the phone!0 -
not that it tells you much but the agent i've always used in the past has started to contact me about buying again.
either there isn't enough buyers out there and they need more viewings or he's just finding out how i'm keeping...
I don't think he's interested in the state of your health. Set your goals high, and don't stop till you get there.
Bo Jackson0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards