London Has Peaked

wotsthat

chucknorris wrote: »

Exactly my point. So in fact rates have only gone up 1.5%?

If so, then I am in fact saying that it is a small deal

It's the equivalent of thinking you've found £10 in the street but bending over and finding it's only £7.50. Crashy would be saying 'haha you've lost £2.50'.

chucknorris

wotsthat wrote: »

It's the equivalent of thinking you've found £10 in the street but bending over and finding it's only £7.50. Crashy would be saying 'haha you've lost £2.50'.

and also heading for bankruptcy :rotfl:

Crashy_Time

wotsthat wrote: »

It's the equivalent of thinking you've found £10 in the street but bending over and finding it's only £7.50. Crashy would be saying 'haha you've lost £2.50'.

When was the last time you found £10, or even £7.50 in the street Wotsit? That is what free money from houses was, an unlikely one off event for most people.

danothy

Crashy_Time wrote: »

When was the last time you found £10, or even £7.50 in the street Wotsit? That is what free money from houses was, an unlikely one off event for most people.

I find money much more frequently than one off events. You want to pay more attention to your surrounding, Crassy.

danothy

Joeskeppi wrote: »

I was hoping to upsize in 10 years or so, better start looking now!

The best time to plant a tree is at some point after you're already hungry for the low hanging fruit.

wotsthat

Crashy_Time wrote: »

When was the last time you found £10, or even £7.50 in the street Wotsit? That is what free money from houses was, an unlikely one off event for most people.

You're so shortsighted - owning your own home is the gift that keeps on giving for life. It's like finding free money every day.

I bought around the same time you STR 'ed in the '90's. My house has increased in value by around 3x and my mortgage rate is about a quarter. You've been lucky too - your HMO costs no more than it did 15 years ago.

Forget Larry - they're now saying as happy as wotsit and crashy.

Jonbvn

Generali wrote: »

I was wondering the same thing. Up the wooden hill .....

Come on Gen. You know it should be "apple & pears".:D

Wi88le

Daily mail, rics say London prices dropping and set to continue to do so
http://www.dailymail.co.uk/money/mortgageshome/article-2949373/Housing-market-robust-despite-mixed-picture-prices-signs-cooling-parts-UK.html

chucknorris

Wi88le wrote: »

Daily mail, rics say London prices dropping and set to continue to do so
http://www.dailymail.co.uk/money/mortgageshome/article-2949373/Housing-market-robust-despite-mixed-picture-prices-signs-cooling-parts-UK.html

Still well up year on year, but the thing is that it only really matters when you sell, interim valuations mean next to nothing for existing owners (unless the LTV ratio comes into play if remortgaging.

Bubble_and_Squeak

wotsthat wrote: »

How come you were viewing houses in October 2013 then?

Must be part of your correctionist theory aka fantasy.

alas, dear wotsit
i had almost forgotten the full extent of your madness