ronpember Posted November 30, 2009 Share Posted November 30, 2009 Well that's my best guess - anyone know when they are due out? Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted November 30, 2009 Share Posted November 30, 2009 No Houseprices can only go up you fool. Quote Link to comment Share on other sites More sharing options...
Frank Hovis Posted November 30, 2009 Share Posted November 30, 2009 (edited) Given that Dubai has exposed that property bubbles will burst, dropping 60% in one year, I suggest: +0.2% Because there are a lot of stupid people out there. Edited November 30, 2009 by Frank Hovis Quote Link to comment Share on other sites More sharing options...
Captain Cavey Posted November 30, 2009 Share Posted November 30, 2009 (edited) Well that's my best guess - anyone know when they are due out? Tomorrow and +0.4% according to Forex ..and at same link, Halifax +0.8% Edited November 30, 2009 by Captain Cavey Quote Link to comment Share on other sites More sharing options...
Sybil13 Posted November 30, 2009 Share Posted November 30, 2009 Both Nationwide and Halifax however, are about to predict a 10% increase by April 2010 Foundations Laid for Housing Recovery It's time to start practising chatting about house prices again, as figures showing UK property inflation heading quickly towards double digits will be announced this week. The remarkable recovery in property values will see the annual change in prices turn from an 18 per cent fall to a 10 per cent increase in less than a year. Despite Nationwide Giving a Gloomy Forecast For the UK Economy and Housing Market only last week!!! And Mortgage Rates Up Ahead of Double Dip Recession Government-backed banks raised mortgage rates and introduced stricter lending criteria last week amid concerns that this year’s house-price recovery is not sustainable. Northern Rock, which has boosted lending in recent weeks, increased its market-leading five-year fix for remortgages from 4.99% to 5.39%, while the equivalent deal for homebuyers went up from 4.99% to 5.29%. Both require a 30% deposit. It also withdrew best-buy three-and four-year fixed-rate deals at 4.39% and 4.79% that were available exclusively via brokers, in an attempt to slow the flow of business. Quote Link to comment Share on other sites More sharing options...
expatowner Posted November 30, 2009 Share Posted November 30, 2009 its up, up and away from here. clear blue skies ....... Quote Link to comment Share on other sites More sharing options...
neil324 Posted November 30, 2009 Share Posted November 30, 2009 FFS ? Can you have a better title next time you noob! I thought it was the actual Nationwide data at first. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted November 30, 2009 Share Posted November 30, 2009 asking prices...always go up when people are confident. I wonder how another 50bn in assets lost is going to affect bankers confidence. Quote Link to comment Share on other sites More sharing options...
arby1 Posted November 30, 2009 Share Posted November 30, 2009 FFS ? Can you have a better title next time you noob! I thought it was the actual Nationwide data at first. totally agree- just a bit of vain attention seeking on his part. Let this thread die and start a new one tomorrow when we know what the real numbers are. Quote Link to comment Share on other sites More sharing options...
blankster Posted November 30, 2009 Share Posted November 30, 2009 (edited) Up more likely than down. Much lower mortgage payments for lots of people have taken up the slack in house overpricing, so asking prices haven't needed to keep falling. Also, although people need to save for bigger deposits these days and it's not easy, as time goes by more and more people will have saved sufficient funds. Edited November 30, 2009 by blankster Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted November 30, 2009 Share Posted November 30, 2009 Up more likely than down. Much lower mortgage payments for lots of people have taken up the slack in house overpricing, so asking prices haven't needed to keep falling. Also, although people need to save for bigger deposits these days and it's not easy, as time goes by more and more people will have saved sufficient funds. course, this makes the UK competitive in World Markets how exactly? Quote Link to comment Share on other sites More sharing options...
Caveat Mortgagor Posted November 30, 2009 Share Posted November 30, 2009 (edited) These figures really dont count for anything. 1.) The nationwide figure is how much has been approved for a mortgage - this will always be higher than the completed price. Its interesting to note that no attempt is ever made to record the difference between approval and completion price in the same way as completed prices are compared to asking prices. I would be keen to know if the completed prices of houses bought with Nationwide mortgages have gone up in line with the approvals or if the gap has widened. 2.) Even completed prices are subject to skewing. Hometrack report today shows that only 37% of the country is experiencing rises, biut overall prices have risen by 0.2% The only relevance to these figures is the impact they have on the mindset of sellers, by virtue of the way house prices are reported in the media! It was interesting to see the video of the couple in Dubai over the weekend. The womans comments gave the impresion that they have reached the 'Fear' stage already. How long before that happens in the UK?? Edited November 30, 2009 by Nick Dastardly Quote Link to comment Share on other sites More sharing options...
Goat Posted November 30, 2009 Share Posted November 30, 2009 totally agree- just a bit of vain attention seeking on his part. Let this thread die and start a new one tomorrow when we know what the real numbers are. We call them bulls. Quote Link to comment Share on other sites More sharing options...
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