OZZIE

http://www.bbc.co.uk/news/uk-england-derbyshire-35604776

cahoot is down now as well

Im no bull. I ocnsider myself a realist. This all happened back in 2004. HPI plummeted and almost hit 0% and what did the BoE do!!!! cut the rates. I still firmly believe the same will occur this time. Gordon and his pals will do all they can to prevent this mother of a bubble exploding! Period.

Thanks for the post King, I think there is one important factor being over looked regarding this HPC. We have been here before in 2004 and it looked like the s*** was going to hit the fan. I believe it is a possibility the same will happen again. Mortgage approvals will drop, EA's will cack themselves, the spin and builders rediculus incentives will increase and just before HPI reaches zero the BOE will cut rates regardless (the BOE and Brown will do all they can to prevent reaching that psychologocal point).

This morning I checked rightmove new instructions for my area. Over the last 24 hours 80 new properties were posted. With 19 No Chains. That is nearly 24%.

Have you seen Sky news this morning. There coverage of the interest rate hike and the CPI/RPI increase has been fantastic for triggering panic mode/sentiment change in the sheeple. Then, to put the final nail in the coffin, in comes the you 'won't get a fixed rate deal now there pulling them'. 1,2, 3. Excellent.

Good post. I qualified as a mental health nurse 4 years ago. I work long shifts, bank holidays weekends nights and deal with difficuilt situations everyday. On top of this the management is terrible. It is also quite clear now that jobs are being lost in our trust. Morale is low, there are ever decreasing numbers of staff with many undertaking several roles a day - patient care is suffering. I have been on several courses and completed a BAhons since being qualified. However, I have received no extra pay. 'The attitude that we are on par for an easy life as nurses is unbelievable.' Open your eyes sheeple and see the real truth.......

Well said!!!!!!!!!!!

HPC Forum, they are always trolls eh!

At last someone polite and appropriate with their manner. Yes, this site has helped me to make an informed choice. I am more the wiser and better off. Thank you again to all the posters who contributed their own personal opinions. The circumstance and conditions meant it was the right time for me to buy. Lets hope I have no regrets in a years time!

I get your point Sam and agree with you 100%. There are some very nasty posters on this forum, who don't want to here anything agaisnt the HPC way. Likewise things have picked up in my area, shouldhave known better that to post it on here though

It depends if your investing to make money or wanting a home to be secure in with your family. I am after the latter. I still think prices will go down but they ain't cruising at the rate posters expected by now are they? This bubble has caught many out in more ways than one. Many posters on here expected Bubb reductions of 1% by now. What do we get comparison to gold. Yes there going down very slowly. There will always be a spring bounce every year IMO but this one has been strong. Wihtout forced sellers, as in 1989, there will be no short sharp crash. Could be a while yet, I fear.

Yep probably true, matbe EAs talking s*** to my friends. All I know is they aint got the property and were told higher bidder went in after them.

This property had been unsold for a year and was reduced 3 times. Spring came they offered got it and then were gazumped. It is obvious to me the answer, rates have been stable for some time, joe public has not seen a crash and the media is not hyping one. Thus around my local area it appears that buyers are coming back this spring!!

Im not panic buying at all just need a house to live in. I need security for my family. In two years we are now in our third rented property. Got a good deal 20% reduction and 10 year 4.67 loan. I cant see the problem. ive not overstreched on income multiples (2.89% joint). If i wait any longer i will soon be loosing money, spent a fortune in rent. It appears that prices dropped for a time and have now stabilised. They have to crash at some point without a doubt, i just cannot be bothered or seee the beneifts of waiting any longer. Off course if we lose our jobs in the forthcoming depression then there might be trouble!

IMOPO THIS WAS FOR THE BENEFIT FOR POSTERS WHO WERE UNHAPPY THAT MY ANECTODTAL THREAD TITLE WAS TOO VAGUE AND COULD MISLEAD MANY POTENTIAL BUYERS IN TO ACTUALLY THINKING PROPERTY TRANSACTIONS HAD PICKED UP COUNTRY WIDE THIS SPRING. IM NOT EVEN A BULL VERY MUCH A BEAR. POSTERS ON HERE REALLY DONT LIKE IT WHEN THEY HEAR THINGS THAT DONT SUIT THEM.

My freinds have just been Gazumped. The property had been for sale over a year and now they have two buyers after it. I think i was right the spring bounce is happening IMOPO in my local area.

Just heard that our ex nextdoor neighbours have been gazumped on the property they are buying!

This is still not a literature exercise and I apologise for my haste and consequent spelling errors. Furthermore, for any reason should people be ridculed!

I think this thread had developed in a way that was not intended. No I am not panicking, posters on here seem to panick if anyone is bullish. My posts were never intended to be bullish, I am just stating what I see im my area. No your right a few viewing s of course do not suggests things are selling. Original post stated that i am buying now. I have freinds in Cornwall who sold there overpriced council house in two days. As I drove home many of the signs that had been for sale for ages were sstc. Yes it is true these could be estate agents (I very much doubt this thoery suggessted on this forum, too many to all be fake). I have friends in EIRE they recently sold and are moving back to Cornwall. My M-I-L house has sold after being on he market for 2 years, my old next door neigbours have sold their house 20,000 more than what we did (we sold in june 2004, yes identical house ours was better actually). All i have cliamed is that a spring bounce in my areas is underway. This coudl be over already it might not. As I stated many people I know are ready to spend, IO all the way. Its not right, its not fair and I hope they dont get hurt too much. As for me 20% reduction, 4.67% loan, LTV 2.89%, employed at present. My STR days are over. (If it all goes through smoothly) In retropspect what I have learn't from this thread is:- 1. Many of fthe bulls are right on here when they state that 'bull anectodote is mere twiddle whereas bear is fact'. 2. Posters are to quick to argue with and ridcule users with whom views differ from there own.

I am not turning bull. I just got a good reduction and a good loan rate and I don't like the insecurity that I have experienced whilst renting with my family. Again I state that there has been a spring bounce in my local areas of nottinghamshire, parts of Derbyshire and parts of Cornwall. Things have picked up. For how long Who knows? not long IMOPO

I have not said all property was selling. Perhaps when I see property selling I post on this forum. Simple as, did not like what I saw and came to this site to report it and maybe convince myself all would be ok. After all I have been renting and hoping since June 2004 and visiting this site since april (approx) 2004. (I'm sure you will check, although i was god forbid a lurker for quite sometime) In hindsight, I can say that not much did sell over the last 18 months. As i have hear on this site and quite rightly people always need somewehere to live thus property will always sell regardless. I'm not hear for approval and I don't particularly care if you call me a troll. However, why is not concievable that in some areas of the country property might have begun shifting again. Christ, do you think my post is going to cause property mania uk wide? Im sure the spring bounce I am witnessing will be shortlived. PLEASE read original post. I got 20% off 10 year loan at 4.67 and the time is right for me to buy. What the hell is wrong with that?

I HOPE SO !!

READ ORIGINAL POST NUMPTY, BUMPTY NAME CALLER! SO MATURE AND GROWN UP ARE YOU OLD ENOUGH TO GET A MORTGAGE!