House prices over the next 2 years

andrewmp

peakoil wrote: »

I didn't realise you could fix for 7 years, can I ask who your lender is?

I fixed for 25 years :eek:

The_White_Horse

house prices can go up or down.

i thank you.

Euphoria1z

The_White_Horse wrote: »

house prices can go up or down.

i thank you.

Or stay the same.

Your welcome.

worldtraveller

My gut feeling is that we will eventually see larger falls in the next couple of years (20%+), that where always due, but just got 'delayed'. The major tipping point will, eventually, I believe, be higher interest rates, but also likely higher unemployment levels. As I've posted before, I still believe that in the UK we are in for another recession. More jobs are likely to be lost in the private sector in another run of redundancies & other cost cutting efforts. This, on top of those in the public sector being lost currently, and those planned for the future. Don't forget that we are barely into the start of a five year program of cuts. The very slow recovery in the UK that, hopefully follows, is still likely to be largely 'jobless'.