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Good P.r. For Hpc!

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http://firstrung.co.uk/articles.asp?pageid...articlekey=1086

"The subscribers of House Price Crash, as the name would suggest, are of the firm opinion that the current price of property in the U.K. is grossly over-valued and set for a major correction. Generally underpinned by informed opinions, twinned with well researched facts, the arguements developed in the various threads therefore often become compelling. Although the HPC site can be off putting for many, due to the content appearing far too radical and in some respects daunting for many viewers, the site has provided a platform for many, including first time buyers, to air their frustrations at the current imbalances in the housing market."

Well it is daunting if the World is running low on resources and we will not be able to heat our homes or run our cars (unless filthy rich) within 20yrs or so - facts of life folks! :o

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.....due to the content appearing far too radical and in some respects daunting for many viewers

Too radical as too many sheeple have taken the plunge at the wrong time based upon spin and general fabrication of the truth. I'm just thankful that I stumbled upon this site when I did and have been able to read and review the opinion on here.

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Guest The_Oldie
I'm just thankful that I stumbled upon this site when I did and have been able to read and review the opinion on here.

Me too. I sold my house to move area, but became a bit nervous of prices when it came to buying again, so I looked around on the web and found this site. I now help out with the day to day running of the site as I believe it to be worthwhile.

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Me too. I sold my house to move area, but became a bit nervous of prices when it came to buying again, so I looked around on the web and found this site. I now help out with the day to day running of the site as I believe it to be worthwhile.

Sounds like a similar situation to mine. I moved a few years back for a job, spent a few years there and didn't really feel settled enough to want to buy there. I found a job closer to where I had grown up and immediately thought about buying back there when I moved as I still had roots and a number of friends in the area. They had all taken the step recently and have kept on telling me about the need to get on the ladder etc.

While I feel uncomfortable about renting for the long term, as long as there is uncertainty in the housing market, I will continue to read this site and other press to research what is undoubtedly the biggest purchase of my life.

This site is worthwhile without question as it offers an alternative vehicle to the national press and other sites that have a vested interest in a healthy property market (and more importantly the public opinion that the market remains healthy).

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Me too. I sold my house to move area, but became a bit nervous of prices when it came to buying again, so I looked around on the web and found this site. I now help out with the day to day running of the site as I believe it to be worthwhile.

This site is worthwhile, and if you have any personal contribution to it's continued existence then I thank you.

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i have a similar view to soem earlier posts on this thread

this site has provided me with peer support in not re-entering the housing market. i am pretty idependent minded, so would probably have taken the same path, but it does help when you start doubting your judgement to have other people espousing similar vews.

in addition the many excellent contributors( mainly bears but also some of the bulls) have opened my eyes to thinking more clearly about what is going on in the economy and politics.( here and the usa)

also helped me to realsie what is really important in life.( definitely not money or possessions)

the don

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Sounds like a similar situation to mine. I moved a few years back for a job, spent a few years there and didn't really feel settled enough to want to buy there. I found a job closer to where I had grown up and immediately thought about buying back there when I moved as I still had roots and a number of friends in the area. They had all taken the step recently and have kept on telling me about the need to get on the ladder etc.

While I feel uncomfortable about renting for the long term, as long as there is uncertainty in the housing market, I will continue to read this site and other press to research what is undoubtedly the biggest purchase of my life.

This site is worthwhile without question as it offers an alternative vehicle to the national press and other sites that have a vested interest in a healthy property market (and more importantly the public opinion that the market remains healthy).

Love the name Shooter :D

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http://firstrung.co.uk/articles.asp?pageid...articlekey=1086

"The subscribers of House Price Crash, as the name would suggest, are of the firm opinion that the current price of property in the U.K. is grossly over-valued and set for a major correction. Generally underpinned by informed opinions, twinned with well researched facts, the arguements developed in the various threads therefore often become compelling. Although the HPC site can be off putting for many, due to the content appearing far too radical and in some respects daunting for many viewers, the site has provided a platform for many, including first time buyers, to air their frustrations at the current imbalances in the housing market."

Well it is daunting if the World is running low on resources and we will not be able to heat our homes or run our cars (unless filthy rich) within 20yrs or so - facts of life folks! :o

Where was this then, The Times? BBC news? Oh, firstrung.co.uk.... let's not get too carried away here.

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Who is this Firstrung.co.uk???

It appears to be a mortgage advisor/provider speciallising in 1st time buyer mortgages but it seems to have a very bearish view on housing market. :blink:

It is off course in the interest of first-time buyers to be bearish as a group. Their not buying will help make the correction.

All credit to Fristrung for airing the issue.

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When I first saw this site I though "what a load of nonsense, houses always go up in value"..after about 10 minutes of reading very informed opinions and facts I was converted..

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FirstRung doesnt get it.

THEY are part of the problem.

The whole notion that you MUST own property, that you MUST get your foot "on the ladder",

even when it is far cheaper to rent is a big part of the problem.

Maybe we should start: SmartRenters.com

...which would reveal all the many flaws in the sheeplike mentality that FirstRungNow represents.

In 10 years, even the notion of such a website will be ridiculed IMHO.

Bit harsh Bubb, however, if I could kindly direct you to these links

http://firstrung.co.uk/page.asp?pagekey=10&questionkey=34

Firstrung is a challenger brand, we challenge some of the perceived notions and practices that have caused a bubble in the property market, driving property values to inflated heights, in turn causing negative effects on potential first time buyers and causing ripples of unrest and disappointment.

This has lead to first time buyers being excluded from a process that should be available to the majority.

Firstrung unashamedly champions the cause of the first time buyer, the company would not offer short term products, or advice, aimed towards the first time buyer, that we had not thoroughly examined as being ethical and fit for supply.

For example, Firstrung will not promote Buy To Let as in the Firstrung opinion this has directly impacted on first time buyers. Less housing stock available = inflated prices.

Our understanding is that first rung now commenced trading encouraging first time buyers to group together to buy property, a practice which Firstrung dismisses as unworkable.

http://firstrung.co.uk/page.asp?pagekey=10&questionkey=36

Firstrung is not about to compromise its ethical stance by encouraging first time buyers to buy their first property if the conditions are not right. Not just the economic conditions, but also the personal circumstances of the first time buyer must be taken into consideration.

We do not want an FTB to over-stretch themselves to then think badly of our proposition. Short-term mentality is not a byword or substitute for success. Firstrung takes a long term view of the housing market, sustainability is a critical factor to the success of our business model.

Whilst we accept that once one of our customers has bought from us the likelihood that they will buy again is slim. However, if they have enjoyed the service perhaps they will share their experiences with others.

Sorry Bubb, meant to add..you`re a bright guy, you know in order for the plight of the ftb to be more widely recognised a march on Downing st `aint gonna work. A start could be to become accepted and recognised as a credible proposition.

Edited by Converted Lurker

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The facts are the regulars on here are much more imformed than perhaps anyone else in the uk, we have no vested intrest policies to promote and we also are much more informed than the journalists we tend to look at for reassurances or information.These journalists are off doing something else while we are on here in the evening reading and reading and analysing.

A journalist couldnt go far wrong reading this site for his research, where else could they find all the articles/stats/figures about housing in the uk all in one place, and also all of it being debated.

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firstrung and firstrungnow and 2 different sites operated by 2 different people.

Probably the single biggest difference is that Firstrungnow promotes nonsense such as this:

That's what gave us the idea for FirstRungNow. You don't have to buy your first place on your own. Why not buy with someone else in a similar position? Or even get together with two or three people to share the financial strains? We know many people who long to own a home but are struggling to get the money together - so the logical thing is to stop attempting to do it on your own and share. After all, many of us are already used to the idea of sharing rented accommodation. The more we thought about it the more it made sense. You could own 'part' of somewhere, and then in a few years, if you want to go it alone, you should be able to sell your share and invest the proceeds in your next place.

http://www.joint-ownership.co.uk/index.html

More nonsense: A one-stop shop for parents with grown-up children still living at home or worse paying someone else’s mortgage in rent - all because they have been priced out of the property market.

The site offers information on the methods and implications of helping your child up onto that first rung of the property ladder. But this doesn’t mean breaking the bank.

As well as the traditional methods of assistance, such as providing your child with a deposit or paying for their home-buying fees, there is now a wealth of innovative schemes and mortgages that write parents into the home-buying process without requiring a penny from them.

http://www.parentaidnow.com/index.php

Even more nonsense:

There's a programme on at the weekend about people keen to get onto the property ladder.

They meet with complete strangers who want the same and see if they want to buy a place together.

Sometimes buying with someone you don't have a past with can have it's advantages - no emotional baggage, perhaps less likely to end in tears than boyfriend/girlfriend and less vulnerable to brotherly and sisterly tiffs! It would be more like a business arrangement and you would be sort of 'business partners' and you would manage the relationship accordingly.

Anybody buyikng with another party - stranger or not hsould read the FirstRungNow Joint Ownership Guide to find out all the advantages and pitfalls of buying with somebody else.

For those of you looking to boost group numbers or find someone with whom to buy, there's the FirstRungNow Joint Ownership Introduction Service. Helen Adams FirstRungNow

BTW Greg (webmaster) Firstrungnow is run by only by one unqualified and inexperienced person the other proposition is very different <_<

Edited by Converted Lurker

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BTW Greg (webmaster) Firstrungnow is run by only by one unqualified and inexperienced person the other proposition is very different <_<

Don't I know it. Nice looking website but encouraging shared ownership mortgages should be a criminal offence in my opinion.

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Don't I know it. Nice looking website but encouraging shared ownership mortgages should be a criminal offence in my opinion.

Nice looking website :o firstrungnow looks like front page 7 years ago :lol: My 12 year olds personal blog space is more professional ;)

As for: shared ownership/joint ownership/gifted deposits/parent aid...well, we`re on the same page there..reckless products peddled by wanabee snake oil saleswomen

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FirstRung doesnt get it.

THEY are part of the problem.

The whole notion that you MUST own property, that you MUST get your foot "on the ladder",

even when it is far cheaper to rent is a big part of the problem.

Maybe we should start: SmartRenters.com

...which would reveal all the many flaws in the sheeplike mentality that FirstRungNow represents.

In 10 years, even the notion of such a website will be ridiculed IMHO.

Well yes I could have been a smart renter, but that would not have given me my 300 grand home. I cannot afford a 300 grand mortgage, get real! I started with a modest home and climbed that ladder. I know where I'd rather be, BUT, that having been said, I know what I'd do now if I were a first time buyer - rent, prioritise my spending to help me to SAVE, and above all wait, in the knowledge that I'm very unlikely to be priced out the the market in the next 3-5 years.

:rolleyes:

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Well yes I could have been a smart renter, but that would not have given me my 300 grand home. I cannot afford a 300 grand mortgage, get real! I started with a modest home and climbed that ladder. I know where I'd rather be, BUT, that having been said, I know what I'd do now if I were a first time buyer - rent, prioritise my spending to help me to SAVE, and above all wait, in the knowledge that I'm very unlikely to be priced out the the market in the next 3-5 years.

:rolleyes:

Bubb is correct that for some renting is a better alternative. However, it is the minority that are renting the perfect space at a fraction of what it would take to buy, having sold to rent and pocketed the proceeds, or invest the gains in mining and gold stock. Most pay a fair and equitable market rent. Now that the market has turned (and that is past the point of debating now surely) it is and will remain a buyers` market for some time. First time buyers can and will hopefully feel the benefit. However, one of the main difficulties ftbs face is this myth/notion of saving up the deposit. Most ftbs, in my experience, have no pension and very little saving arrangements in place, even puting away £200 per month would be out of the reach for the majority, unless they stopped socialising, threw the mobile away and lived in bedsit land eating toast smeared with lard three times a day. All these sacrifices in the safe knowledge that in 5 years time a one bed flat would be in reach, even though the mortgage was down from 8 times income to six times their income :o

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we need to take a leaf out of the VI book and start getting some regular press.

Bubble pricker has done a fantastic job so far,and to be frank it doesn't matter if we come across as controverial....sometimes the more outrageous the better,as long as it grabs the spotlight.

I would suggest refraining from anything illegal........I might be up for a naked sandwich-board walk around london!!!!...at least it will gain attention and the sandwich board covers my modesty...so no indecent exposure charge!!!.....I'd rather wait until it's warmer though!

I still think the " for sale" board blitz would be funny!!!!....not sure on the legalities but the EA's have already been done for false advertising,so who cares?

maybe a sopt of......everyone else has decided to sell,NOW!...will do the trick.

or how about,the bogus property seminar!!!....the how to make a million(by going short) approach.....but dont tell them to go short until they arive and pay a subscription!

Edited by oracle

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http://firstrung.co.uk/articles.asp?pageid...articlekey=1086

"The subscribers of House Price Crash, as the name would suggest, are of the firm opinion that the current price of property in the U.K. is grossly over-valued and set for a major correction. Generally underpinned by informed opinions, twinned with well researched facts, the arguements developed in the various threads therefore often become compelling. Although the HPC site can be off putting for many, due to the content appearing far too radical and in some respects daunting for many viewers, the site has provided a platform for many, including first time buyers, to air their frustrations at the current imbalances in the housing market."

Well it is daunting if the World is running low on resources and we will not be able to heat our homes or run our cars (unless filthy rich) within 20yrs or so - facts of life folks! :o

Firstrung has a forum http://forum.firstrung.co.uk/, of which I have been putting my bearish views!!!

Edited by Jason

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please make sure you distinguish properly between

(1) firstrung.co.uk, a sponsor of this website and an organisation with a bearish view of the UK property market

and

(2) firstrungnow.com and its various offspring, a pathetic outfit run by Helen Adams helen_adams.jpg whose sole purpose it is to sucker more lifeblood into the failing FTB market.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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