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Nationwide March -0.60%
Comments
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Makes me a little happier that my purchase has just fallen through. Hopefully in 10 days time we should have the equity from our sale in our bank and moved into a rented house.
Well done! :beer:
People on here seem to think that people who don't currently own a home, can't afford one. That is not the case. You'll be happy when you see the monthly interest payments on your equity coming in while prices are falling.Keep the right company because life's a limited business.0 -
You do have to feel sorry for the homeowners, I would be upset if The home I had just bought was going down in value.
Lots of hugs are thoughts are with you
Why? It shouldn't bother home owners in the slightest, and for those wanting to upgrade to something bigger, it'll mean a smaller % jump in price!
The only people hurt by houseprice drops are those that have recently bought with only a tiny deposit, and for whatever reason (relationship breakdown, borrowing beyond their means etc...) now need to step off the housing "ladder", but find themselves with negative equity.
And another plus side where I live is that rents have risen, so if I ever wanted to move, then I would now rent my property out instead of selling, and buy another one!Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
And another plus side where I live is that rents have risen, so if I ever wanted to move, then I would now rent my property out instead of selling, and buy another one!
I somehow doubt it. How will you raise a mortgage? Even if you've got 50% equity in your Property, you'll have problems :rolleyes:0 -
And another plus side where I live is that rents have risen, so if I ever wanted to move, then I would now rent my property out instead of selling, and buy another one!
What if house prices start going down. Which doesn't seem unlikely. Why would you want to hold onto a devaluing asset?0 -
mystic_trev wrote: »I somehow doubt it. How will you raise a mortgage? Even if you've got 50% equity in your Property, you'll have problems :rolleyes:
I'll second that.
We have approximately 85% deposit and are struggling to get the 15% we need on a mortgage because I had to take early medical retirement.
Anything out of the ordinary and the lenders aren't interested.0 -
:rolleyes:Guy_Montag wrote: »A damn site more than us; does that make her a fool?;)
In reality, Fiona et al are taking the general populas for fools. Some are more enlightened than others. Who's ever heard of a seller - which is what they are - talking the market down?
So diluted statements of reality from them are pretty significant. I do hope the city's bonus' aren't too badly effected next year. I don't know how the Barclay's ceo will manage.anger, denial, acceptance
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Y on Y negative in April....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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This is great news for the population. Next month and the one after I predict massive falls, far bigger than this month as lending tightening takes hold.CRASH
:rotfl:
:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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Lending tightening is certainly moving quicker and getting more mainstream than I expected. Maybe those 10-20% in a year drop figures around are now looking (to me) more possible.Freedom is not worth having if it does not include the freedom to make mistakes.0
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