Blues Chick

..."benefits scumbags"? You mean those being exploited and paid poverty wages? Yes?

They've changed my tax code to take into account the (measly) interest I receive from my savings

Moody's seem to think an interest rate rise would not hit house prices: https://www.theguardian.com/business/2017/oct/31/uk-interest-rate-rise-house-prices-moodys-property-market-brexit?CMP=share_btn_tw

Bit of bear food this fine afternoon... http://www.independent.co.uk/voices/housing-market-property-london-south-east-burst-bubble-inflation-home-owner-a7918556.html

Strange that this hasn't garnered more interest from the HPC crowd, surely this is good news?

Hi Bunfight, I'm looking at relocating to County Durham (currently in Yorkshire) and wondered if you might know of any areas I should totally avoid and/or areas that are decent? I appreciate the North-East is a big area, but any information you could provide would be appreciated. Cheers, BluesChick

My breaking point has coincidentally just arrived in the shape of yet another two letters, both threatening me with either legal action or breach of tenancy. First letter threatens that they will gain access with an injunction to do a Periodic Electric Test - that I knew nothing about!? Second letter claims that a communal bin store area is a mess and that, even though I've disposed of my rubbish without complaint or incident for almost five years (and even though new tenants moved in several weeks ago) they claim they will take action against me. I know it's nonsense and I'm led to believe courts require evidence...sadly, I can't take any more idiocy. I know only too well that I get absolutely no thanks for paying rent on time, etc....and I've paid over £40K for the pleasure of being spoken to like sh**). I'm sick to death of all the letters, demands and threats from a jobsworth social landlord's agent - I despise the illiterate monster with a passion (you should see the appalling grammar, spelling mistakes and incorrect word usage in said letters; although some of it was amusing at first, the sheer amount of crap they send is shocking). At least I have a way out from the disdainful way social housing tenants are treated...I've finally decided to buy, after more than 10 years of waiting for a crash, I simply can't wait any longer and have even started to eat into the money from the sale of my home in 2003. Where I want to buy is reasonable (oop North) and there have been small price drops lately...but I'll be seriously pi**ed off if immediately after I buy the market crashes...talk about caught between a rock and hard place

Hi and thanks for the welcome...admittedly, I got a little over-excited and read 'prices' instead of 'sales'...after 10 years+ of waiting for affordable house prices, for one glorious moment I thought 'it' was going to happen

Hahaha...I cried and felt like punching someone when I realised it was 'sales'...sorry folks At least I remain optimistic...

"House sales will fall sharply following the UK's shock decision to leave the EU, according to the Royal Institution of Chartered Surveyors. A downward trend in house sales is expected to continue through the summer as buyers put off their plans amid uncertainty. Surveyors said house sales were down in June and are expected to drop another 26 per cent over the next three months in the most negative reading since 1998." Full article: http://www.independent.co.uk/news/business/news/london-house-prices-property-sales-rent-chartered-surveyors-rics-a7137051.html

We need more headlines like this from 28th June 2016 'Property market on the ropes following Brexit vote': http://www.mirror.co.uk/money/property-market-ropes-following-brexit-8302758

Falls in house prices being reported: www.telegraph.co.uk/property/commercial/house-prices-fall-almost-everywhere-as-property-market-takes-on/

Surprised Housepricecrash hasn't shared this one... http://www.telegraph.co.uk/property/commercial/house-prices-fall-almost-everywhere-as-property-market-takes-on/

Absolutely brilliant 'montage'...says it all really...

Hi All I have been a long-time lurker on this site and I'm becoming increasingly worried (yes, worried) with many of the posts here and elsewhere these days. I appreciate the post quoted here is about America, but I am beginning to believe something like this may happen in the UK, eventually. I have an amount of money (not a great deal) that would buy me a home (somewhere I will have to live for many, many years). I fully appreciate the housing bubble and that houses are predominantly overpriced; and that even the MSM are putting out more warnings of a potential crash (finally!). My dilemma is, do I buy now, knowing full well that the housing market is potentially around a third overpriced? Or...do I risk more banks crashing, thereby potentially losing all the money I have (anybody think this is a possibility, or am I being spooked by posters here and elsewhere?), just to wait it out to see if prices drop and be able to buy something better than a small terraced house in a dodgy area that I'll have to live in for the foreseeable future? Best regards BluesChick P.S. I live in the Yorkshire and Humber region where there have been some moderate reductions in the area where I live.