Halifax Hpi September 2010 -3.6%

misskool

I've merged all the threads regarding the release of Halifax's report today

RenovationMan

mbga9pgf wrote: »

They wont, because it was a repo, and its not listed on the land registry smart @rse! I am not planning on moving for the next 40 years so its immaterial too! But you asked...

Repos are not included in the published Land Registry house price index but purchase prices are held against the individual properties (and land sales) and so they can be queried if anyone is particularly interested.

bendix

RenovationMan wrote: »

Nope, sometimes I remember to tick the "Show your signature" box and most times I dont. I find that when I make a smaller post my signature is larger than the post and clogs the thread. I often forget to hide it though.

The house valuation on the signature is based on my purchase price and wont change until I get the house re-valuated with my next mortgage, regardless of whether the indexes say that my house is worth more or less in a particular month.

Ahh, well in that case might I suggest you amend the current value from £450,000 to £433,800 accordingly.

Nahhhh . .seriously, I'm pulling your chain. I'm neither a bear nor a bull and know you're one of the sensible ones on here - it's watching Hamish squirm and turn this into a positive that is so entertaining at the moment.

doire_2

Bangkok-Dave wrote: »

Fair play to the bears. That's a big drop.

I don't think you will see every house for sale now remarketed for 3.6% lower. Same as before. People will either take their house off the market or sit it out for the price they want.

We had all this in 2008. People don't need to sell their house cheap. They can sit it out. Whatever happens give it a year or so and prices will be over 3.6% higher than now. If like me you have a tenant or you are not selling what is the problem?

You don't get any money in your bank when data rises 1% so you don't lose when they go down. It's only important when you have a for sale sign outside.

I gave u being interested in house price arguements about 2 weeks ago in case you didn't notice. Even changed my signiture.:)

Sibley...too much lady boy juice again?

Generali

neverdespairgirl wrote: »

I agree. This is a very loud noise, though. The brass band catagory of housing market noise.

Maybe. A big number isn't necessarily an accurate number. In fact an outlier like this is less likely to be accurate than a smaller one, almost by definition.

Time, as ever, will tell.

Heyman_2

misskool wrote: »

I've merged all the threads regarding the release of Halifax's report today

Thank goodness. It's all the same people talking about the same thing!

FATBALLZ

Next month should be interesting, if it is negative again some people might really start to panic.

chucky

neverdespairgirl wrote: »

Without looking at the supply levels, number of sales tells you absolutely nothing about relative increase in demand.

ahh right and that the fact that I've pointed out that there is a blatant geographic difference in volume of sales in the Halifax report has obviously nothing to do with it.

try again please

Batchy

ILW wrote: »

It's not great but there are a lot of savings accounts paying around 3%.

Yes there some ISA accounts which I had, and close recently to fund house purchase, but nothing offering base rates for longer than one year without locking you in for a good period. When you take off the tax, and the fact you can't touch it for 12 months without sacrificing £££'s

Graham_Devon

FATBALLZ wrote: »

Next month should be interesting, if it is negative again some people might really start to panic.

In fairness, Halifax will probably record +3.9% next month the way things seem to be going at the moment!!