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.
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.

Land Reg April +0.8% MoM

http://www.landreg.g...r_11_ta6ld4.pdf

That 16% rise forecast has started already. :j
If I don't reply to your post,
you're probably on my ignore list.
«13

Comments

  • abaxas
    abaxas Posts: 4,141 Forumite
    To sum up.

    London + SE = UP.
    Rest = stagnating

    Apart from the North, which is crashing like Hamish at a speed dating night.
  • doire_2
    doire_2 Posts: 2,275 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    r02s05.jpg
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 31 May 2011 at 10:50AM
    abaxas wrote: »
    Apart from the North, which is crashing like Hamish at a speed dating night.

    This is so true here in sunny Oldham its -1.9% mom and -7.4% yoy.

    Like many others the national situation is of little interest to me, I am keeping a check on local prices as I intend to buy locally.

    I will be buying sooner rather than later at this rate. :beer:

    Edit:

    Thats late 2005 prices for me now.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • Pete111
    Pete111 Posts: 5,333 Forumite
    Mortgage-free Glee!
    abaxas wrote: »
    To sum up.

    London + SE = UP.
    Rest = stagnating

    Apart from the North, which is crashing like Hamish at a speed dating night.

    Yep. That's pretty much it.

    As such, given I own a flat in London, a house in Kent and and am hoping for a low valuation on a property in the North East for CGT purposes - I could not be happier with the LR right now! :D
    Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger
  • Batchy
    Batchy Posts: 1,632 Forumite
    just thought id pop up and post my contribution.

    Stagnation...

    See ya next month for next word! ;-)
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Guess Brit'll have to change his signature.... :)
    “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”
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Pete111 wrote: »
    Yep. That's pretty much it.

    As such, given I own a flat in London, a house in Kent and and am hoping for a low valuation on a property in the North East for CGT purposes - I could not be happier with the LR right now! :D

    Could you explain on that low valuation/CGT thing? Surely if its valued at a lower price and you pay less CGT then that's a bad thing overall. If you own a property in the North East I would imagine you could be happier with the LR if they said that property in the North East was booming.
  • Pete111
    Pete111 Posts: 5,333 Forumite
    Mortgage-free Glee!
    Pimperne1 wrote: »
    Could you explain on that low valuation/CGT thing? Surely if its valued at a lower price and you pay less CGT then that's a bad thing overall. If you own a property in the North East I would imagine you could be happier with the LR if they said that property in the North East was booming.


    It's a bit complex - 4 of us are about to come into ownership of a large property and want to rent it out. CGT will be due (it was in trust since the mid 80's ) so at this point the lower the value the better.

    I appreciate in general terms with assets, the value increasing will be a better thing. But right at this point in time, I would be very happy if the value was deemed 50% less than 2007!
    Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Pete111 wrote: »
    It's a bit complex - 4 of us are about to come into ownership of a large property and want to rent it out. CGT will be due (it was in trust since the mid 80's ) so at this point the lower the value the better.

    I appreciate in general terms with assets, the value increasing will be a better thing. But right at this point in time, I would be very happy if the value was deemed 50% less than 2007!

    Yeah, makes sense if you are keeping it. Tks.
  • pbouk
    pbouk Posts: 251 Forumite
    had a look at the full lists of county areas and cities, there are alot more - than+ which must mean that more areas are falling than rising. SIMPLE.:j:beer::j:beer::j
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.7K Banking & Borrowing
  • 251.9K Reduce Debt & Boost Income
  • 452.1K Spending & Discounts
  • 240.1K Work, Benefits & Business
  • 616.2K Mortgages, Homes & Bills
  • 175.3K Life & Family
  • 253.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.