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Debate House Prices


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House prices over the next 2 years

I'm now in the position to buy a house but dont want to jump in if we are going to see drastic falls. I also dont want to hang around and miss out on a cheap fix.

I have saved up and inherited some money that will amount to a 20% deposit on the sort of house I am interested in.

What is the view of the people in here on the direction of house prices?
«1345

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Did you think that was a good thread to start?

    Bit poor. I'd rate it 2/10 on effort.
  • peakoil_2
    peakoil_2 Posts: 206 Forumite
    Did you think that was a good thread to start?

    Bit poor. I'd rate it 2/10 on effort.

    sorry I dont understand?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    peakoil wrote: »
    sorry I dont understand?

    Thats 4/10.

    .....
  • peakoil_2
    peakoil_2 Posts: 206 Forumite
    I dont know what you are on about mate. if you are not interested in house prices can you just leave this chat stream?
  • FATBALLZ
    FATBALLZ Posts: 5,146 Forumite
    Probably down a bit but not by loads.
  • Farmerbob
    Farmerbob Posts: 234 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I think he was hinting on searching the forums as this ones popped up before, howeve:

    I doubt there will be another crash anytime soon in my opinion, but house prices may still flutuate up and down over the next year or two but it wont be anything like we have seen over the 4 years. If your able to get on the ladder then get on with it just incase im wrong and the prices only go up!
  • peakoil_2
    peakoil_2 Posts: 206 Forumite
    FATBALLZ wrote: »
    Probably down a bit but not by loads.

    i suppose it hinges on what you mean by loads. I would hang on for a while if prices were lining up for a fall like in 2007 but if they are just dribbling down then I was thinking I would be better off buying now and getting a good mortgage deal.
  • peakoil_2
    peakoil_2 Posts: 206 Forumite
    Farmerbob wrote: »
    I think he was hinting on searching the forums as this ones popped up before, howeve:

    I doubt there will be another crash anytime soon in my opinion, but house prices may still flutuate up and down over the next year or two but it wont be anything like we have seen over the 4 years. If your able to get on the ladder then get on with it just incase im wrong and the prices only go up!

    Oh I just thought he was some weirdo.

    I did look at the sticky at the top of the page but its massive. some of the other threads are all about foreign debt and rent defaults and that.
  • Phils_debt
    Phils_debt Posts: 192 Forumite
    Doesnt matter if you lose money on a house that you intend to be in for a long while anyways .find a house that you will love and be able to settle in
    Halifax loan 12k
    [STRIKE]28 payments left[/STRIKE]Now 26
    [STRIKE]26 payments left[/STRIKE]now 24
    [STRIKE]24 payments left[/STRIKE]now 16
  • Farmerbob
    Farmerbob Posts: 234 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    LOL they can be a bit unforgiving sometimes, dont let is scare you off though! Theres a search bar on the top of the page and use the dropdowns to search the forums.
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