Propertybanker

Although the market is currently benefiting from investors and FTBs looking to grab a bargain the economy is still in trouble. If there is high unemplyment then the ability to afford a mortgage will have an impact on whether house prices will continue to rise from here on or whether there will be another dip. I think the later will be the case.

It is really tough out their for FTBs. It is taking much longer for people to get on the ladder as you have to save for much longer before you can buy. Plus if you have to rent while you save it can be very tough.

Try using Google to look for property auctions in your area. Often repossessed properties go to auction. A lot of property investors pick up bargains at auction.

Wow, I had no idea there were so many auctions!

I think the market hasn't quite bottomed out yet. I think it is going to be a few months before that happens.

What??

Hi All, I am always intrigued to find out whether people think it is better to invest in property or stocks and shares. I think property is a more sound investment just wondering what others think?

I don't think I can get BBC Scotland will someone watch this show and give an overview it sounds interesting and is something that is affecting all Brits and not just the Scotts.