Thursday, October 8, 2009


London prices on ‘road to recovery’, says Winkworth

I can't find any source Winkworth research. It seems the article refers back to something from August. The commentary from Winkworth employees seems new (well, rephrased versions of short supply etc.). I wonder if Winkworth just lazily issued a press release with some commentary based on nothing new whatsoever?

Posted by ontheotherhand @ 12:56 PM (2243 views)
Please complete the required fields.

3 thoughts on “Ramping

  • So we are back to where we were before the correction began. Usually takes about 15 years from peak to trough and recovery. So what is going on this time? Extremely low interest rates, but it can’t last forever, and whilst they remain at the bottom, the BOE have no bullets left in their gun. No one talks about the sub-prime train crash anymore, but it is clearly in slow motion at the moment. We have growing unemployment but where are all the repossessions? The Lenders are delaying the misery for many but at some point they will offload all the bad baggage. Patience. This was never going to be easy.

    Please complete the required fields.

  • James In London says:

    Winkworth’s drivel of a “news article” is so worthless as to be innocuous to HPC-ers.

    Introducer Today is just an internet-based industry periodical. The “About Us” page states: “Introducer today is part of Angels Media, which is an online interactive company. It was set up to develop websites and offer clients within the Mortgage Intermediary market an on-line solution to Advertising and Marketing through the web.”

    Interestingly, their home page currently leads with a version of the “Fitch warns property values will fall again” article.

    I don’t think they care whatever they publish so long as they direct traffice to their website and generate revenue through their copious adverts!

    Question is… does that make more or less moral than the screaming maniacal tabloids…?

    Please complete the required fields.

  • Agreed, there is far too much emphasis on such short-term views. When you read “London is a sought-after location and so demand will always be high”, I think of how many parts of London have moved in & out of favour. In my life-time it has mainly been up, Icons such as the once unloved Docklands, but obviously I don’t know where any of it is going. It reminds me of an episode of Coast I watched on BBC2 where they showed how in Wales an industrial infrastructure grew & literally disappeared into the landscape once it served its purpose. Of course I would never expect that to happen in London, it’s not as if there is any bias to one big industry there.

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>