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House Price Crash Forum


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About weaver

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  1. Jesus, their are some bitter and twisted people on this site. Has it ever occured to you that some people who have bought a house in the past couple of years did so (misguided or not) because they wanted a home and not purely as a means to make money! The rental properties in this country are generally crappy and restricted i.e. no pets no children etc. renting is not an ideal situation, until the quality of rental properties improves (which is highly unlikely with so many amateur BTLers) people will always aspire to buy their own property. 'WHAT might happen? They may be able to sell now
  2. Thanks for the reply negativeequity, their situation doesn't sound so bleak.
  3. Have you noticed the sudden trend of stop-spending-beyond-your-means-and-get-yourself-out-of-debt programmes. BBC1 and 2 have had variations on this theme recently
  4. I agree. I spoke to them about what they might do when their fixed rate runs out and they said that they would probably have to sell! I know it's been said many times before on this forum but there will be so many casualties as a result of this ridiculous house price bubble, many will be young families.
  5. http://www.thisislondon.co.uk/news/busines...d399604?source= I Thought this a very interesting article. I have friends (ftb) who bought in 2003 with a 100% graduate mortgage and a huge 2 year fixed rate discount at something like 3%. Now they have a baby on the way and time-up on the fixed rate is July this year. I feel sick just thinking about what might happen to them
  6. I too have sent a complaint and I NEVER complain about anything, however, this programme made me so mad I nearly choked on my dinner!!
  7. I'm looking around a house tomorrow. I think I'll buy a copy of the express and strategically have it poking out my handbag!!!
  8. We've started looking at houses (just being nosey really) but realistically we will probably rent for at least another 6 months maybe a year depending on the situation. We'll have a good £12,000 deposit by then. The only thing about renting is you never really feel relaxed. No pets, no kids and no smokes!
  9. Several houses that I am watching SSTC are back on the market. Usually same price new agent. A lot of these houses have no upward chain. Don't you think that these sales have fallen through due to a dip in confidence in the housing market and not simply 'non-affordability' . If you are reading in the paper every other day that houses are on the decline (even if it is minimal) you would think twice about the 98% offer you just made on a damp ex-council house dump that is twice the price it was 2 years ago. A house is only worth what someone else is willing to pay for it and if you want to
  10. Don't know if anyone has started a thread like this before. This house is in my search area. House for sale... http://www.rightmove.co.uk/viewdetails-354..._t=buy&chnl=buy House to rent... http://www.rightmove.co.uk/viewdetails-429...=rent&chnl=rent erm...........?!?!?
  11. In need of improvement.....no sh*t!!! http://www.rightmove.co.uk/viewdetails-429..._t=buy&chnl=buy
  12. right move Nice if you've always fancied living in a sauna and you relish the prospect of cabin fever!!
  13. I agree, what a refreshing change....... shame it's the last one of the series!
  14. 1) Market view - Bear 2) Market postion - FTB 3) Area of Country - East Midlands 4) Occupation and Employer - Research student and Self employed designer 5) Highest Level of Education - first year PhD 6) Age - 27
  15. I'm renting in the 'fashionable west end' of Leicester. Prices were about £70000 a year and a half ago now I think they have reached there peak at £109950 (thats for a 2 bed terraced on my street) they seem to have been at this level for about 3-4 months now. Still don't understand who is buying at this price - especially as the university has built several new halls so less renting opportunities for landlords.
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