Wednesday, June 27, 2018

Take advantage of the price crash and save money on other areas too (Buzzmove!)

London house prices falling at fastest rate in nine years, says Halifax

With house prices dropping at the fastest rate in nine years (according to a recent Guardian story: https://www.theguardian.com/business/2018/apr/12/london-house-prices- falling-fastest-rate-nine-years-halifax), it seems like the time is ripe for would- be first time buyers to take advantage of this plummet and hop on the property ladder. However, should first time buyers be looking beyond just house pricing drops when searching for money saving opportunities? It seems that the answer to that is yes, given that forward-thinking companies like buzzmove are making waves in the removals comparison market and helping movers save on another essential aspect of relocation. Every little helps, after all!

Posted by isabella hernandez @ 10:03 AM (1167 views)
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3 thoughts on “Take advantage of the price crash and save money on other areas too (Buzzmove!)

  • britishblue says:

    if you check back on my previous posts you will see that i have been saying this six months ago. Every house i see sold now is 15% less than what was expected. I am moving someone shortly who has accepted a 20% reduction. It is a beautiful house, but the market is going down. This is happening 8 months before Brexit, so this time the crash could be for real. I still don’t understand why it is downplayed so much in the press. If prices had gone up 20% they would be shouting from the rooftops.

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  • @1 just maybe there is a constituency of interests around prices going up! It benefits banks (their collateral increasing in value, plus lending out larger sums so more interest accruing), estate agents, developers, politicians? see my post earlier about the Acadata time series. Why did they change the methodology just now? Maybe to avoid reporting YoY falls? The economist who runs it, Stephen Satchell, did not respond to my request for the numbers according to the existing method.

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  • Vested interest everywhere

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