We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Mortgage Rate increase forcing people to sell (London)
Comments
-
Graham_Devon wrote: »11% couldn't pay if their mortgage went up by £100 a month?
Even I can't believe that.
And good god, look at the excitement over the London error, even though the reporter on the video sates London!
I know look at that fuss made. Wow Brit was wrong he should have said York, that must mean the bears are wrong about property now in a bear market as well.
Or it could mean the property bulls are desperate and its now clear they are wrong all along.Big deflation your debts are going up against everything else. I would not like to be a property owner with a big mortgage right now, pay off your debts ASAP!0 -
I think you could be right, it is desperate. The video and news story that the Brit posted was about people having to sell their house in London despite the house being for sale was in York. An extremely desperate but predictable attempt to not tell the truth.Bigdeflationfirst wrote: »Or it could mean the property bulls are desperate and its now clear they are wrong all along.0 -
-
The mortgage costs hike has begun. It is a slippy slope for an already weak market. If things get any worse for the economy then the AAA rating (already under threat) will go and everyone will be paying more for debt.0
-
The mortgage costs hike has begun. It is a slippy slope for an already weak market. If things get any worse for the economy then the AAA rating (already under threat) will go and everyone will be paying more for debt.
Not a question of if any more, just a question of when.Big deflation your debts are going up against everything else. I would not like to be a property owner with a big mortgage right now, pay off your debts ASAP!0 -
I really want to thank brit for the video because of the attractive brunette at 1.08.
I really want to thank you for recognising the strengths of this woman. It is very important to classify women by the colour of their hair and whether or not you fancy them. How would you describe yourself? Ditzy blonde? Attractive brunette? Fiery redhead? Greasy comb-over bloke?1. The house price crash will begin.
2. There will be a dead cat bounce.
3. The second leg down will commence.
4. I will buy your house for a song.0 -
Don`t care if Brit got it right or wrong. We have bail outs . BOE base rate at a totally unsustainable level. Frankly I feel that something has to give .0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards