Or it could be owners looking to upsize and the price difference between this and a larger property should be less in a depressed market than they might have otherwise had to finance.
Assumes all...
Type: Posts; User: Halitosis
Or it could be owners looking to upsize and the price difference between this and a larger property should be less in a depressed market than they might have otherwise had to finance.
Assumes all...
What is that chart plotting Montello - average house price in UK?
Out of interest, and based on your contributions to this thread, why are you keen for the market to drop?
Don’t get me wrong, I’m not hoping for growth and am personally ambivalent to how the...
Many a night spent in The Studio back in the 80s (and the ice rink in the 70s)
Fully accepted - hence my mention "unless downsizing". Indeed such is part of our own retirement/old age planning. We hope that should we end up in a care home, and any proceeds from our home are...
Although I've always taken pleasure in watching our house value rising, I realise that it matters not a jot to most of us if the market collapses unless we were planning to downsize - indeed it would...
As I posted yesterday, 3 houses in our street have gone on the market in September and all have sold. Same story across our town, so it appears any slowdown hasn't yet reached detached family homes...
Three houses in our street have gone on the market in the last month at what we thought were ambitious prices, yet all have sold within a week. Must be stressful getting the mortgage in place...
With the financial markets in a similarly wobbly place, where best to store wealth? When in doubt the historic consensus for individuals has been bricks and mortar, so I predict house prices won't...
Not if saving it in an ISA wrapper. I think returns on a stocks and shares ISA would greatly exceed 1.19%, so when he comes to remortgage he can offset the savings amount and take a lower mortgage...
I'm not a gambler on that scale but I think you'd lose those bets Ryan
Edit - as its for charity I'll take half the bet - so £25
I moved from London to Scotland 23 years ago and am always gobsmacked to see the gulf in prices. This comparison in a red-top is quite amusing showing what £1m will buy:
...
I grew up in London but settled in Scotland. Couldn’t afford to move back if I wanted to as prices are insane. Luckily I prefer everything about life up here (except the weather and the football)
How do you know?
A hotel won’t be cheaper if property prices continue to rise. Bit of real estate investment could appeal to many
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Does it have a toilet? If not then maybe that’s the reason
Edit: I see it does have one - en suite!
I wonder if the stamp duty holiday has impacted bottom-end of the market (below the previous threshold)? Our son is looking for a studio flat but we can't tell if these prices have been dragged up...