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House prices rising in uk
Comments
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breadlinebetty wrote: »London and the surrounding areas always hold their prices really.
YOU and your 12 nutters who thanked you must have a very very short memory....london dropped heavily in the previous 2 crashes.
It is not immune and if you think it is more fool you..It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
how did that happenIt is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
Turnbull2000 wrote: »I think it's fair to say the crashers have lost the argument now :beer:
Yeah right. :rotfl:
House prices are really booming aren't they. :rotfl:
House prices were falling fast in 2008 so the BOE slashed interest rates to 0.5% overnight. This resulted in a temporary dead cat bounce. However then prices started falling again, not as fast as they were but still falling. House prices continue to fall and yet you say the crashers have lost the argument.:wall:
Are you mad?:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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nollag2006 wrote: »Nope
Economic growth supported by amore relaxed lending regime is what Britain needs.
This will inevitably lead to house price inflation, as "forced renters" flood the market.
Good news all round
Nollag you really are a prized muppet.
So you expect economic growth to just appear suddenly? Did you hear what Merv has said today or are you too busy reading the Beano?
As for relaxed lending? How relaxed. When is it going to happen?
If you think the two factors above will happen anytime soon then you are in for a shock. You keep harping on about "when this happens and that happens house prices will rocket" yet you put forward no proof that its going to happen.0 -
I just bought a house but I still believe house prices will fall. They have been falling for a couple years now. Anyone who thinks otherwise must not read the news.
Bank rates are at 0.5%, house prices aren't rising, they are being reduced. I was looking for 2 years to buy a house and all the houses I saw got reduced and sold for a lot less than asking price.
Public sector is getting cut and people losing jobs, europe in a mess, food, petrol, heating all costs are rising will force house prices down further.
I don't see there being a huge crash. I just see house prices declining by small amounts each year while the people living in the houses pay more off their mortgage so they can lower their asking price without being in debt.
My advice to anyone would be, don't expect a big crash, maybe something like Japan.0 -
The lowest interest rates in living memory and yes tens of thousands of households are living on the edge of repossession..what next?It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
It's pointless getting agitated - properties always ALWAYS rise (especially if there's been a blip - then they rise even MORE afterwards) You just need to accept it and get on with your life.
Wishing they would fall in value just so you yourself can buy one is not only selfish - it ain't gonna happen. Insteaas, work on what you have got and what's realistically within your reach.
Ask the poor sods who have lost their houses due to costs whether high house prices are a good thing..they suck money from a family's budget that could go on food or energy.
HIGH house prices are welcomed by the morally corrupt.It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
The lowest interest rates in living memory and yes tens of thousands of households are living on the edge of repossession..what next?
The lowest interest rates in history will remain so for a long, long time. Too many home-owners are now dependent on it.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Turnbull2000 wrote: »The lowest interest rates in history will remain so for a long, long time. Too many home-owners are now dependent on it.
The BOE interest rate is becoming less significant all the time, what now counts is LIBOR and that is likely to go up with the Euro crisis and coming US crisis. So despite BOE rates being 0.5% mortgage rates are likely to rise.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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The BOE interest rate is becoming less significant all the time, what now counts is LIBOR and that is likely to go up with the Euro crisis and coming US crisis. So despite BOE rates being 0.5% mortgage rates are likely to rise.
Barclays / Woolwich have already started increasing some of their Mortgage rates, others likely to follow within the next couple of weeks.0
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