mjackson13

3 rate hikes by Christmas? you must know something the financial markets don't. the bank has placed a great emphasis on making monetary policy boring, admittedly they did sex it up slightly catching the market unaware with the latest hike, but raising rates 75bps with markets firmly pricing a single 25bp hike by year end, does not fit with their style or intentions. policy makers do not want the housing market to crash, they do not want the already injured consumer to get crippled and as such i firmly believe they will be happy to ride out higher prices in the shorter term.

does anyone know the area well? i am a first time buyer and can not justify buying in london. in fact i can barely justify buying at all but got to the point when been renting for so long, want my own place, will have decent equity etc.........sevenoaks seems like a decent choice....great commute into the city, good shops, restaurants etc, presumably a likely beneficiary of the city bonus round etc........and whats more a budget of 200-300k actually buys you more than the 1 bed ex-council flats you can get in london for the same!!

is there a thread anywhere on the never-ending mortgage from kent reliance?