How Much Did Your House Make In Aug ?

shireknight

Bah my Zoopla only goes as low as telling me what the price was three months ago not one month and the difference from then is only a paltry £2342 -I knew I should have bought a mansion when I won that £10'000'000 on the lottery rather than all those boxes of Tic-Tacs

Generali

This thread gets my vote for Crap Thread of the Year award.

shortchanged_2

Generali wrote: »

This thread gets my vote for Crap Thread of the Year award.

Could be a contender with last months effort form thequant.

SailorSam

I don't know, maybe tuppence ha'penny
But if i'm living in it what difference is it

mayonnaise

Linton wrote: »

Nothing at all - I didnt sell it.

shortchanged wrote: »

ΔΔ same here.

Financial geniuses in action. :rotfl:

Similar to:

My stock and property based pension fund increased in value last month, but as I didn't cash it in, it doesn't matter

That Taylor Wimpey share I had a punt on soared, but it doesn't matter, because I didn't sell.

My Kruger Rands tanked, but it doesn't matter because I didn't sell them

lostinrates

It cost us : the mortgage, the slowest landscaper in the world, the plumber's visit, the roofer's visit ( but thank god a roofer visited at last). And about sixty hours labour from my husband ( bit of a slacking month)

wotsthat

My house currently saves me about £300 every month because I bought it instead of renting it. Recent price increases mean I've been able to pay off the mortgage on my holiday home by transferring the debt to my main mortgage at a favourable LTV banding and rate. Decided to keep the payment the same which knocks 2 years off the term so another saving there and brings the final redemption date to just a few years before state retirement age.

I'll have been mortgaged for about 40 years by the time my mortgages disappear and this slow reduction in capital owed has provided a wonderful opportunity to increase pension payments and take advantage of a 40% tax relief.

Bubble_and_Squeak

how much did the asking price increase in august?

In_For_A_Penny_2

If we’re talking about investments then you can’t not mention "yield", which is almost certainly negative, as others have pointed out. While your capital may have increased you still hold a volatile and relatively illiquid asset.

Whereas if you had bought a home to live in. . . none of these things would really matter.

wotsthat

Bubble_and_Squeak wrote: »

how much did the asking price increase in august?

Asking prices in August are now yesterday's news remember?

Halifax have said today that sold prices increased in August though. Highest since 2008 and about £9k above your April peak.

http://www.lloydsbankinggroup.com/globalassets/documents/media/press-releases/halifax/2014/140908-halifax-august-house-price-index-2014.pdf