Core inflation is still the issue. Yes, headline inflation is coming down which may even allow Sunak to say it has halved by the end of the year, but mainly as a result of falling goods prices...
Type: Posts; User: thegreatdogwood
Core inflation is still the issue. Yes, headline inflation is coming down which may even allow Sunak to say it has halved by the end of the year, but mainly as a result of falling goods prices...
I prefer this one:
“There are three kinds of lies: Lies, Damned Lies, and Statistics”
I interjected as you and others were using HPI to say the market was going up again when it isn't, hence pointing out why there is a leap of faith from taking the average price from a small sample of...
Any "index" is as useful as the voracity of data that it uses, in terms of accuracy of data and most importantly sample representation. LR can take details of transactions that have concluded but...
Just take a moment to pause and think about that method. So most properties are unique and most are sold infrequently, even then there is no control over whether a property has been improved,...
Ask yourself an average of what?
We are not talking about say the FTSE where every component has a transparent daily price at which point it is simple maths. It is a market where few transactions...
The average house price index is a very blunt instrument. You'd struggle to find many places at the moment where prices are going up, most are still coming down.
I would have thought fixed rate savings bonds would make a pleasant change as one option. Circa 5% for virtually as long as you like, absent capital growth you'd want to be generating 7%+ rental...
The market is definitely slowing, I think the message is finally dawning that this isn't an economic situation that is going to correct in a few months, it will take somewhat longer, with pain along...
Anyone in the market to buy using right move should install the property log extension in chrome. It really highlights the games some estate agents play there and why they don't use Zoopla which is...
As a fellow executor who had done this a few times before I hear you!
If any are being a particular pain, threaten to step aside. That normally focuses their mind as it entails delays and...
I'm currently sole executor of a relatives will where 50% goes to a charity. In your case, I'd have thought the whole estate would be exempt from IHT because of the beneficiaries so it's not as...
The 3% average figure masks the detail. Undoubtedly some things are being harder hit, so UK following the US trend of city centre flats having a hard time.
At the other end of the scale could...
Never trust an estate agent!
Generally nothing to do with RPI (unless there is a cap in which case the tenant may well still be getting a good deal) but the actual cost of providing services has notably increased. This is...
“The shortage of houses is what will have been preventing a sharper fall in prices for the last few months,” says Gerrard.
That's the key bit
Correct - never lose sight of the need to live somewhere and property being a long-term investment in a cyclical market. It does get emotional feeling like something has lost value, but it's rare for...
Interesting watch but the comments relayed from Zoopla that property may fall by up to 5% in some markets and increase in others during 2023 rather devalues the podcast!
Nope - the majority of fixed rate bonds have a small deposit window as they offer good rates by having the ability to full hedge their position in the money markets. So for instance if the product...
Just factor in that with most fixed rate bonds, you make an initial deposit, then sometimes a window of a further 30 days to add to it but then can't touch it for the fix period. It's not like a...
You will never get the same rate for instant access or through a High Street bank. But plenty of longstanding, reputable internet only providers offering 4.5% for 1 or nearer to 5% for 2+ with £85k...
Property investment is about total returns over the investment horizon, so triple net rent and capital return. Historically the model has worked because in areas of limited capital growth yields have...
That's an affordability point, the theory being house prices are going up, salaries are going up and so the £160k becomes more affordable and would have been larger the following year as the price...
If you are already "in the game" the wins and losses are heavily diluted though.
So if you currently own a property worth £400k and aspire to own one that's £600k there is a £200k gap. Market...
The best / most desirable assets are normally saleable in all markets, it just comes back to price. Imperfections get overlooked as supply struggles to meet demand.
In a weak market, the pricing...