Monday, August 11, 2014

London Crash Coming

London house price growth seen tumbling 80%

London house prices will grow by just 3 percent next year, according to leading U.K. estate agent Hamptons, which has halved its forecasts for house price growth in the capital in 2015. I know this doesn't talk about a crash in prices but more a crash in house price inflation but this is the trend we need to see before prices go south. Besides the newspapers are always too late and the estate agents will always try to portray it better than it actually is

Posted by amazon @ 12:49 PM (2393 views)
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3 thoughts on “London Crash Coming

  • Availability of cash and low IRs will keep prices stable till the election.

    Maybe a .25% rise in IRs about Christmas but no worrying jumps IMHO.

    A stable time for oldies to cash in, but for the rest of us… Carry on buying…… 🙂

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  • It’s all down to supply and demand simple. If this turns then nothing can change the tide either way.

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  • its intriguing lloyds bank are offering £1000 if you switch your mortgage to them , wonder what their plan is when market crashes

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