locky82

Agreed, it’s not particularly useful. But also using an unspecified random time (as far as I can tell) also has zero value in assessing the health of the market.

I didn’t think that’s very effective research tbh. STC’s seem to linger on RM for months. I can tell you my local area, prices are slowly coming down and it’s all just ground to a halt. It seems to have become much worse since it’s become clear rates aren’t going to move anytime soon. I think it’s gone from a potentially good time to buy, inflation adjusted they started to look cheap with rate cuts in the horizon to oh shit I might be paying the bank 20k a year in interest indefinitely. I had a quick look at Daventry and filtered by 14 days (obvs longest possible) using your criteria. 40 listed, 3 stc.

I check Rightmove daily, I’m in the market for the ‘forever’ family home in a specific area and have been looking since October. Well, over the past few days I think I’m starting to see what I believe is evidence of the rates working through. A number of ‘forever’ homes listed that were bought at summer 2022 peak, all have nursery’s in the pic’s which make it a bit shit, however have all listed 10% over what they paid. I can only theorise that young families listing these 4 bed detached homes after less than two years is down to the increase in rates with remortgage on the horizon, is the most likely cause. Could be a sign of things to come, could be nothing, just thought I’d post as seen a noticeable uptick.

Many of us seem to be in the same boat. 41 with 3 kids currently in a 3 bed, great location and decent garden but I'll have to get the 4 bed at some point. Similar income to the OP. Got a DIP in the new year for £420k which with the equity in our current house gives us 600K (including fees and SDLT) which is tight in my area for the forever home! I will reluctantly jump if the right house comes to market and bury my head in the sand regarding the £20000 year I'll be paying in interest.

Most people see it as a get rich quick scheme, which for some it has been. The greater fool theory has been lost on many of my friends and family. Long term it will be a store of value, once regulated.

You find financial buy/sell signals on Internet forums. You wally

Thanks for the reply. Annoying, as its it seems like a sure thing!

Which platforms offer this?

At the moment I’m thinking accept it and try and limit the damage in consumer staples. My other thought is maybe gold/silver miners - I don’t think the IR raises will limit inflation, so these might not get too hurt and if we see flight into silver it could hit $50+. I’m sceptical that will happen but it could be a safer bet with a small chance of that outcome

I'm interested in your strategies for protecting your wealth over the coming years? Personally I think there will be widespread market crashes but I don't think we have the luxury of sitting in cash. I'm really struggling with this.

I really struggle how it’s not highly overvalued but GL, it’s a sector I can’t stay far enough away from. Not boring enough for me lol

Obviously no, but I would say the anti vax movement is gaining ever more momentum in the UK. Probably because policies like this appear in the internet. Can’t see it happening in England

Noticed quite a few previously sold houses returning to Rightmove!! More than normal 🤔

Where are you getting your data? Did you believe 3m EU nationals? Was you surprised when 6m applied for EUSS? We could never send them back! The Dublin regs are a waste of time. Look at the data for that! We’d make far more applications for removal with EU members than we would receive… but unbelievably we would still take more than we removed!

No, I think desperate people treacherously crossing the English channel on dinghies gets more clicks/sales etc than asylum seeker arrives at stansted on £10 Ryanair flight with forged ID card! If the Gov could cover this up they would… isn’t there possibly an injunction regarding the filming of arriving boats?