House prices rising in uk

SteveV2

Thermidor wrote: »

First time buyers have struck gold!

http://www.dailymail.co.uk/news/article-2064111/Taxpayer-help-time-buyers-Cameron-plan-underwrite-new-mortgages.html

That's really quite bad.




There's at least 4 category As in some of those photos :eek: :rotfl:

geoffky

And the 2012 predictions from the professionals

http://www.channel4.com/4homes/buy-sell/house-prices-finance/uk-house-price-predictions-2012

Aberdeenangarse

MrRee wrote: »

In the South they are rising fast ............

Sibley read my signature

MrRee_2

brit1234 wrote: »

I have answered you the same question about 10 times now but you keep repeating it. Infact that is all you say, no debate but childish posts.

However you refuse to state by how much house prices will rise or fall by mid 2012. Why do you avoid the question? Is the answer you know prices are falling?

So, brit1234 - in Q1 2009 YOU said prices will fall 50% ...... and you are STILL spouting that crap TODAY!?

We are in Q4 2011 - maybe that passed you by?

That's 30 months of you paying rent - about £30,000 down the toilet .............

PRICELESS ....... :rotfl:

What does it feel like to be on the losing side?

£30,000 ...... see my beautiful Classic Sports Car? Yes, that's what you could have bought instead .................... :T

breadlinebetty

CharlesPhillips wrote: »

Ten years from now properties in England; London and the south east especially, the prices will make the prices now seem very cheap indeed.

True. Very true. But the bitter brigade will screach till they're blue in the face that in 10 years from now properties will all be worth about ten bob!:rotfl:

breadlinebetty

NEO72 wrote: »

Hey you're right! Its only for newbuilds so should encourage lots more building and all these new owners will no longer be renting, so rents will drop too! It also means that demand by FTBs for pre-owned homes will go through the floor, collapsing a lot of chains and putting more downward pressure on prices - so all FTBs should benefit. Struck gold indeed!!

Prices could go through the floor? Oh don't make me laugh you silly donut!:rotfl: We're not talking about millions of houses you silly dope!:money:

What you're forgetting 'wise boy' is that not everyone will be be able to afford the deposit on new builds either - and most people DON'T WANT new builds (they're pokey little rabbit hutches) only used as a means to get your foot on the property ladder.

ONCE someone does buy one of those - they then move UP the ladder a few years later - and so the movement continues!! Property starts going through the roof again!!

You really haven't got a clue have you?

breadlinebetty

NEO72 wrote: »

Ooooookay....



http://moneyfacts.co.uk/news/mortgages/sellers-making-record-reductions-to-asking-prices221111/

And you STILL can't afford one!:p

Even if just a third of properties have reduced their asking prices, when you're talking London prices it's a drop in the ocean!:D £5k off a half million pound property is peanuts darlink.

Here's a very average terraced house in south west London - nothing very special at all. Look how much they've just got for it!:money:

http://www.rightmove.co.uk/property-for-sale/property-33582209.html

brit1234

mrandmrswilliams wrote: »

That's very true.

Properties always rise in the UK every decade, it may have dipd here and there but it always always rises.

It's interesting looking back at property prices for 2001 - you don't realise how much they rise by every decade!

Because we have had the biggest housing bubble in our history and one of the biggest in the world 2011-2020 might actually see a fall.

Prices usually go up in the long term in line by inflation, however they went up far ,ore than that unsustainable during the bubble. So have a long way down to correct yet.

I strongly recommend that you don't use these bubble years as a prediction which will happen next decade or you will be burnt.

rumbaba

brit1234 wrote: »

Because we have had the biggest housing bubble in our history and one of the biggest in the world 2011-2020 might actually see a fall.

Prices usually go up in the long term in line by inflation, however they went up far ,ore than that unsustainable during the bubble. So have a long way down to correct yet.

I strongly recommend that you don't use these bubble years as a prediction which will happen next decade or you will be burnt.

But there's a pattern to it. Every 10 years they go up regardless of dips/slumps etc.

And interest rates (if they do rise - which they will do one day) will only go up by half or one per cent. Which is peanuts in comparison to the huge 17% rate back in the late 80s.

rumbaba

breadlinebetty wrote: »

And you STILL can't afford one!:p

Even if just a third of properties have reduced their asking prices, when you're talking London prices it's a drop in the ocean!:D £5k off a half million pound property is peanuts darlink.

Here's a very average terraced house in south west London - nothing very special at all. Look how much they've just got for it!:money:

http://www.rightmove.co.uk/property-for-sale/property-33582209.html

Take a look at this one in Purley then (London/Surrey borders)

http://www.rightmove.co.uk/property-for-sale/property-30656740.html?premiumA=true

It needs modernising too!