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!

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: 2,280 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 11:50AM
    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

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only 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.