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Debate House Prices
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Telegraph:home loans hit an 11 month high
nollag2006
Posts: 2,638 Forumite
http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/9743793/Home-loans-hit-an-11-month-high.html
Between this, and the good news from the CML reducing their forecast on the number of repossessions next year, there are some really strong signs of 2013 being a big year for rising house prices
:beer:
Between this, and the good news from the CML reducing their forecast on the number of repossessions next year, there are some really strong signs of 2013 being a big year for rising house prices
:beer:
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Comments
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There is rather a smell of desperation in your recent posts.0
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nollag2006 wrote: »Between this, and the good news from the CML reducing their forecast on the number of repossessions next year, there are some really strong signs of 2013 being a big year for rising house prices
:beer:
Nothing in this to suggest prices are going to rise.......0 -
Thrugelmir wrote: »Nothing in this to suggest prices are going to rise.......
Really?
Rising number of homeloans? What impact do you think that is likely to have on house prices?
Think about it ...
:cool:0 -
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Example please.nollag2006 wrote: »It would be impolite of me to point out what your own posts smell of...0 -
nollag2006 wrote: »http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/9743793/Home-loans-hit-an-11-month-high.html
Between this, and the good news from the CML reducing their forecast on the number of repossessions next year, there are some really strong signs of 2013 being a big year for rising house prices
:beer:
Did you even read past the first paragraph?
Hardly any of that is for the benefit of FTB and without any stimulus at the bottom of the market rising prices above it seem distinctly unlikely on a wholesale basis.Thinking critically since 1996....0 -
It's good news if you are selling houses for £500,000++ but will have nil impact on the rest of the market.0
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It's good news if you are selling houses for £500,000++ but will have nil impact on the rest of the market.
Combined with falling repossessions and a rising stockmarket - this will definitely give the market the shot in the arm it needs
2013 is shaping up to be another great year for London property0 -
nollag2006 wrote: »Rising number of homeloans? What impact do you think that is likely to have on house prices?
Think about it ...
Very little. Average lending multiple continues to remain around 3.2x salary for FTB's (with a 20% deposit). So there's no fuel to fire a significant price increase anytime soon.0 -
nollag2006 wrote: »http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/9743793/Home-loans-hit-an-11-month-high.html
Between this, and the good news from the CML reducing their forecast on the number of repossessions next year, there are some really strong signs of 2013 being a big year for rising house prices
:beer:
how you managed to read anything positive in that story is pretty impressive
Even the quote from the specialist says it glosses over the fact FTBs are in their worst position since last year0
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