Report Nationwide Hpi Result in House prices and the economy Posted July 30, 2009 You have my sympathy. I am in a similar position - I have a very good deposit but I can't see why I should have saved damn hard for years in order to then effectively zero my savings, live in a rabbit hutch and still have a mountain of mortgage debt! Frankly, my job is not secure enough anyway now so I've told the EAs that rang me recently that I am no longer looking. The amusing thing is that no doubt I am down on some of the EAs bulls**t figures as a 'new enquiry' about 3 or 4 months back! But I wasn't a serious buyer then at the market prices - I just thought I might be able to drive a hard bargain as a FTB who could get finance. This is what distorts the figures so much - the VIs band the 'new enqiries' figures around as if they indicate what's happening but they are infact a very unreliable indicator. Much the same position here. There are things in life that are worth going "all in" for, and the prospect of doing so in order to move from a very pleasent semi in a genuinely very nice area to the absolute **** end of the freehold market in a considerably less pleasent area whilst at the same time increasing monthly costs noticeable really, really isn't one of them.