Any Renters Feeling the Pinch following Tax Change?

Crashy_Time

noddynoo wrote: »

Our landlord sent a surveyor round Monday to do a valuation for a remortgage and the surveyor said the market is falling everywhere and he advises people to make offers so think prices are bout to head south finally

Great news for money savers then?

martindow

Crashy - maybe your dream is about to become true (after all those years of predicting it!)

Cakeguts

Rents are still rising in the North West where we let because they are only just starting to catch up with the rest of the UK. The managing agents just put the rents up by a small amount because they had fallen behind the market rent. They will still be lower now but nearer. House prices have risen a lot but they are still lower than many places.

Crashy_Time

martindow wrote: »

Crashy - maybe your dream is about to become true (after all those years of predicting it!)

Not really a dream, more just an inevitable re-balancing, the property mania of the 2000 - 2007 period, and the Double Bubble that was created (mainly in London) to avoid taking the losses will be laughed at by future generations, but will also be the ruin of many if they are heavily indebted to take part.