Mustapha Loan

Looking on Betfair there seems to have been a bit of a shift in prices today for a Rate Rise. Interesting could there be a rate rise this month?

Had a trip down there today (nice weather etc). Couldn't believe the development that has taken place down there shocking. Was there about 5 years ago and it seems to have changed a hell of a lot. How are they going to sell all of those flats? Seen a Penthouse on Rightmove at 700k! Are they mad this is not Cannes! If anyone has (invested) down there they are in for a shocker. London maybe with a strong Job Market but Eastbourne?!

Been browsing this site for ages. Some really good posts and debate on here. Anyway my situation I STR'd in December 2005 wanted to downsize and have less maintenance to worry about. Also thought that the market was very toppy even though interest rates were reasonably low. Thought with energy prices and taxes rising peoples disposable income will gradually start reducing. Always dangerous being out of the market and a bit of a gamble but thought the upside is limited and the downside more so. Currently in rented and like the freedom this gives me. Even through six months rental prices are dropping in the area i'm in (West Sussex) with more supply available. Excellent! Anyway good to see some healthy debate on here from Bulls and us Bears!