market predictions.....

brit1234

Mickygg wrote: »

To OP my view is if you can afford to buy now then do it. We have been through a huge economic shock as brexit and house prices are still currently holding/rising.

No one knows what will happen with prices. You will always have your crashy who is trying to make people think house prices are doomed and everyone in a years time will be in negative equity, but common sense prevails - cheap borrowing available, huge lack of housing, investors from abroad, current prices rising slightly still after such a huge referendum shock points to no house price slump in the near future despite so many wishing and praying it does slump.

I'm glad you are not an intelligence analyst, your reading of the market is shockingly wrong.

Prices in central London have been falling for over a year and rippling out. Stamp duty changes, Russian sanctions Chinese capital controls all having an effect. London estate agents are screaming for the stamp duty changes to be reversed which is a good indicator that something is wrong. People aren't buying and prices are being reduced and these lower prices are rippling out through London and now the South East.

Then look at the buy to let changes, the increased stamp duty, the partial removal of tax relief, end of free wear and tear bonus. Landlords have just lost their high court challenge, many are now selling up, those with high debt portfolios are going to lose money now. Then you have the tighter lending conditions for them from the BOE and even tighter ones with higher mortgage repayments from BASEL III recommendations coming in.

Things are changing, just don;t take estate agent and builder propaganda news paper articles on face value, look at the figures. They are using figures dishonestly, they stopped using monthly figures as they turned negative, they stopped using quarterly figures as they turned negative, yearly figures are starting to look negative now in certain regions.

Just look at the figures.

However we have the Autumn statement coming, there could be some other crazy scheme like Help to buy to reverse the falls.

Mickygg

brit1234 wrote: »

I'm glad you are not an intelligence analyst, your reading of the market is shockingly wrong.

Prices in central London have been falling for over a year and rippling out. Stamp duty changes, Russian sanctions Chinese capital controls all having an effect. London estate agents are screaming for the stamp duty changes to be reversed which is a good indicator that something is wrong. People aren't buying and prices are being reduced and these lower prices are rippling out through London and now the South East.

Then look at the buy to let changes, the increased stamp duty, the partial removal of tax relief, end of free wear and tear bonus. Landlords have just lost their high court challenge, many are now selling up, those with high debt portfolios are going to lose money now. Then you have the tighter lending conditions for them from the BOE and even tighter ones with higher mortgage repayments from BASEL III recommendations coming in.

Things are changing, just don;t take estate agent and builder propaganda news paper articles on face value, look at the figures. They are using figures dishonestly, they stopped using monthly figures as they turned negative, they stopped using quarterly figures as they turned negative, yearly figures are starting to look negative now in certain regions.

Just look at the figures.

However we have the Autumn statement coming, there could be some other crazy scheme like Help to buy to reverse the falls.

Haha a post from Brit, who has been wrong predicting house price falls for years!!

Excuse me while I take any post from you as utter nonsense, just like Crashytime. Anyone who is consistently wrong for years obviously hasn't got a clue!

OP I advise you to do your own research and ignore posts that cry out desperation of house price falls. Yes they could fall but no one knows, my view is they will stay roughly where they are with between the range -2% fall and rise max 3% annually for the next 2 years average UK excluding London. Just IMO though, take with a pinch of salt.

Davesnave

Mickygg wrote: »

OP I advise you to do your own research and ignore posts that cry out desperation of house price falls. Yes they could fall but no one knows, .

D'you really believe there was a naive OP behind that first post?

Anyway, you've summed it up in a nutshell.

ukcarper

brit1234 wrote: »

I'm glad you are not an intelligence analyst, your reading of the market is shockingly wrong.

Prices in central London have been falling for over a year and rippling out. Stamp duty changes, Russian sanctions Chinese capital controls all having an effect. London estate agents are screaming for the stamp duty changes to be reversed which is a good indicator that something is wrong. People aren't buying and prices are being reduced and these lower prices are rippling out through London and now the South East.

Then look at the buy to let changes, the increased stamp duty, the partial removal of tax relief, end of free wear and tear bonus. Landlords have just lost their high court challenge, many are now selling up, those with high debt portfolios are going to lose money now. Then you have the tighter lending conditions for them from the BOE and even tighter ones with higher mortgage repayments from BASEL III recommendations coming in.

Things are changing, just don;t take estate agent and builder propaganda news paper articles on face value, look at the figures. They are using figures dishonestly, they stopped using monthly figures as they turned negative, they stopped using quarterly figures as they turned negative, yearly figures are starting to look negative now in certain regions.

Just look at the figures.

However we have the Autumn statement coming, there could be some other crazy scheme like Help to buy to reverse the falls.

Latest Land Reg figures do not support your claim with only 3 London boroughs falling and rest rest increasing.

Mickygg

Davesnave wrote: »

Already posted, but you have proved the point that few ever read these links anyway and all this guff ought to be on the 'other forum.'

Has it? I don't see it.

Anyway Sherlock it's not about spotting duplicated links, merely pointing out to OP asking such a question you have posters with an agenda to wish for house price falls and not consider anything that may even hint to the contrary.

Jack_Johnson_the_acorn

ukcarper wrote: »

Latest Land Reg figures do not support your claim with only 3 London boroughs falling and rest rest increasing.

As I've previously pointed out, debating with Crashy using facts figures and evidence is pointless. He uses "facts" that only he has the data for. Figures plucked from his dreams..... all whilst living in a grotty HMO whilst bragging about how "good" he's got it.

Crashy_Time

http://www.bbc.co.uk/radio/player/p04b6yj8

Crashy_Time

http://www.housepricecrash.co.uk/forum/index.php?/topic/227406-reduced-rentals-barometer-of-btl-fear/

nubbins

HPC... the majority of posts written by !!!!wits Spyguy,Hiace_Drifter and the Count, which one are you?

Jack_Johnson_the_acorn

nubbins wrote: »

HPC... the majority of posts written by !!!!wits Spyguy,Hiace_Drifter and the Count, which one are you?

The count or dances with sheeple..... can't remember. But he'd sold to rent in 1998...... how do you reckon he's done financially since 1998. I mean prices have probably dropped like a stone since 1998....