Thursday, September 9, 2010

Buying a second home makes no sense

Why this is definitely not the time to buy a second home

The allure of owning a holiday or second home is pretty irresistible for some expatriates, and the lower mortgage rates on offer can make this option seem pretty tempting right now. But this is a terrible time to think of buying a second property as interest rates will soon have to go up and house prices still have a way to fall.

Posted by peter cooper @ 09:21 AM (844 views)
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 HousePriceCrash.co.uk.
  • 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Your email address will not be published.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>