Debate House Prices


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Anothers Days Ramping From The Express

doire_2
doire_2 Posts: 2,275 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
edited 9 September 2011 at 10:03AM in Debate House Prices & the Economy
http://www.express.co.uk/posts/view/270069/Triple-shot-in-the-arm-for-UK-s-home-buyers

Mrs. O'Grady must be on drugs :rotfl:

Nothing on the big fall reported by Nationwide. What a joke of a paper
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Comments

  • Rinoa
    Rinoa Posts: 2,701 Forumite
    doire wrote: »
    http://www.express.co.uk/posts/view/270069/Triple-shot-in-the-arm-for-UK-s-home-buyers

    Mrs. O'Grady must be on drugs :rotfl:

    Nothing on the big fall reported by Nationwide. What a joke of a paper


    Mortgage approvals up again.

    Usually an indicator of higher prices shortly.
    If I don't reply to your post,
    you're probably on my ignore list.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Rinoa wrote: »
    Mortgage approvals up again.

    Usually an indicator of higher prices shortly.

    Approvals includes people remortgaging not necessarily moving house.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Thrugelmir wrote: »
    Approvals includes people remortgaging not necessarily moving house.

    BoE house purchase approvals out today are at a 15 months high. They don't include re-mortgages. ;)
    If I don't reply to your post,
    you're probably on my ignore list.
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    edited 9 September 2011 at 11:45AM
    Rinoa wrote: »
    Mortgage approvals [...are...] Usually an indicator of higher prices shortly.

    That's not even verging on being true, is it?
    FACT.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Figures showed mortgage approvals at their highest for 15 months thanks to loosening lending criteria and a rise in high loan-to-value lending. Approvals rose from 49,239 in July to a seasonally adjusted 49,566 in August.

    An addition 237 people potentially buying is bound to put upward pressure on house prices.
  • de1amo
    de1amo Posts: 3,401 Forumite
    1,000 Posts Combo Breaker
    i am no good at mathes--is 237- 0,48 of 49239 --spectacularly low number given that the population is increasing faster than that in the uk
    mfw'11 No68- 55k mortgage İO--little to nothing saved! i must do better.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Rinoa wrote: »
    BoE house purchase approvals out today are at a 15 months high. They don't include re-mortgages. ;)

    Oh good lord.

    Have a look at the figures.
  • angrypirate
    angrypirate Posts: 1,151 Forumite
    A 4 % increase on !!!!!! all is still !!!!!! all.
  • Out,_Vile_Jelly
    Out,_Vile_Jelly Posts: 4,842 Forumite
    Part of the Furniture 1,000 Posts
    House prices can't be soaring as Maddie was on the front cover of today's Express. They might be up again tomorrow though.
    They are an EYESORES!!!!
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Graham_Devon wrote: »
    Oh good lord.

    Have a look at the figures.

    I thought you would welcome more people being able to buy. ;)
    If I don't reply to your post,
    you're probably on my ignore list.
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