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rantnrave

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About rantnrave

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  1. Is the answer that some are registered to Fergus, some to Judith? Or did he really flog loads to a consortium of Arab and Chinese buyers?
  2. rantnrave

    Countrywide share price

    In case anyone is still following this with all the other news going on - new low of 8.24p earlier this morning...
  3. According to kentonline, the judge said 'Mrs. Wilson is not as rich as people think she is' and she pays herself £23k a year from the lettings business. Have tried to link to the article or just copy & paste, but this site is keeping those posts in hidden mode.
  4. I thought it had already been sold to a consortium of Arab and Chinese investors?
  5. More details https://www.kentonline.co.uk/ashford/news/property-tycoon-fined-thousands-after-boiler-row-195130/
  6. rantnrave

    Countrywide share price

    Trading update gone AWOL... https://www.propertyindustryeye.com/countrywide-shares-up-as-purplebricks-shares-sink-in-possible-emoov-fall-out/ Countrywide’s shares have been bobbing around at under 10p for much of the last month. Notably, it has not yet issued a trading update for the third quarter of this year. Last year, Countrywide issued this on November 9, and in 2016 issued it on November 24. We have approached Countrywide for comment as to whether it will be issuing the usual quarter three trading update, or if this is simply delayed.
  7. Are you sure? Browsing today's headlines: UK November shopper footfall 'worst since recession' https://www.bbc.co.uk/news/business-46502650 UK economy posts slowdown http://www.cityam.com/270389/uk-economy-slows-down-after-strong-summer-showing Is a US recession in the offing? Historically, nine recessions in the US have been precipitated by an inverted yield curve, which is a comparison of the return on different bonds of equal credit quality over time. Most commonly, the yield curve is built by comparing yields on short-term and long-term US Treasury yields, and markets are getting worried by the fact the curve has flattened recently. Laura Foll, fund manager at Janus Henderson Investors, says the bond market thinks a recession is coming. "The cost of borrowing is higher the longer it is. At the moment, the yield curve in the US verging on inverting. If it does invert, it means investors think interest rates need to fall in the next few years. That normally means recession she told BBC Radio 4 Today. However, she cautioned that the yield curve wasn't quite there yet - it is still 0.1% away from inverting.
  8. rantnrave

    Halifax Nov 2018

    Last time YoY went negative, there were articles about the increase over the last five years...
  9. rantnrave

    Halifax Nov 2018

    Followed, of course, by this: 09:03 Brexit blamed for house price slowdown Several property experts are blaming Brexit uncertainty for the slowdown in UK property prices. Here’s Mike Scott, chief property analyst at estate agent Yopa, ‘This suggests that the usual Christmas slowdown in the housing market has started early this year, as people wait for the outcome of the current political turmoil before making long-term commitments, such as buying a new home. ‘However, the economic fundamentals of low unemployment, low interest rates, growing wages and limited supply are all positive for house prices, and we therefore expect the market to pick up again in the new year.’ Jonathan Samuels, CEO of the property lender, Octane Capital,agrees: “The lowest rate of growth for six years is a reflection of how Brexit uncertainty has hit the property market for six. “Without wanting to appear overly pessimistic, there’s every chance 2019 could be 2009 all over again.“People need to be preparing for that eventuality and the low level of transactions suggests they are. “All the ingredients for extreme uncertainty, both political and economic, are in the mix. “Mortgages are still cheap and the employment market strong, but the great unknown of Brexit is causing prospective buyers and sellers alike to err on the side of caution.
  10. rantnrave

    Halifax Nov 2018

    Guardian; UK house price growth hits six-year low OUCH! UK house prices growth has slowed to a six year low. The Halifax has reported that the average house price declined by 1.4% in November, a substantial fall. On a quarterly basis, prices in September-November were 1.1% lower than in June-August. And annually, prices were only 0.3% higher than a year ago - that’s the weakest growth rate in six years.
  11. rantnrave

    Halifax Nov 2018

    NSA figure is already an annual fall of -0.7%
  12. rantnrave

    Halifax Nov 2018

    BBC Business feed coverage (!). Wonder if it will get featured more prominently elsewhere? House price growth at six-year low UK house prices in November fell 1.4% month-on-month, 1.1% quarterly and increased by just 0.3% annually with the rate of price growth at its lowest level since December 2012, according to the latest Halifax House Price index. It says the average house price is now £224,578. "While this is the lowest rate of growth in six years, it remains within our forecast range of 0% to 3% for 2018," said Halifax managing director Russell Galley.
  13. rantnrave

    Halifax Nov 2018

    Annual growth plummets to just 0.3% Read all about it: https://static.halifax.co.uk/assets/pdf/mortgages/pdf/November-2018-House-Price-Index.pdf
  14. rantnrave

    Halifax Nov 2018

    MINUS 1.4%
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