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Selling House Brexit - Accept a lowball offer or hold-out?

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Comments

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    jimbog wrote: »
    From your link:

    This month, average house prices have been .... 0.4 per cent higher than they were this time a year ago.

    Not sure how that helps people getting "lowball" offers though?
  • PhilE
    PhilE Posts: 566 Forumite
    For the house market to crash in the UK, you'd need a chronic economic crash, and/or a population crash.

    It's looking more likely than not, that we're not going to get the economic crash necessary to badly affect house prices.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    PhilE wrote: »
    For the house market to crash in the UK, you'd need a chronic economic crash, and/or a population crash.

    It's looking more likely than not, that we're not going to get the economic crash necessary to badly affect house prices.

    All it would take is a small uptick in rates and a change in sentiment IMO, if people want to get into big mortgage debt on those odds then that is up to them.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    https://www.bbc.co.uk/news/uk-politics-47614074
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