House Prices Now At 2004 Levels
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From: Old Codgers Home
Vested Interests are putting that story about.
But, it is better than it was just 4 years ago.
More sellers are placing their properties on the market, confidence has returned a little.
But, it is better than it was just 4 years ago.
More sellers are placing their properties on the market, confidence has returned a little.
Wow....
Thread still going!!...
We recently thought of moving as our "dream home" came up for sale...
We had our house valued and its risen 10% since we bought in the height of 2006...
Dont really know what that means..??
Anyway,the barn conversion sold quickly so that was that
Thread still going!!...
We recently thought of moving as our "dream home" came up for sale...
We had our house valued and its risen 10% since we bought in the height of 2006...
Dont really know what that means..??
Anyway,the barn conversion sold quickly so that was that
Scooby Regular
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From: K
not bad - even if I say so myself
http://news.sky.com/story/1690165/ba...cent-mortgages
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Lets not get carried away about a little bit of a dip on House Prices happening now .So what if they drop 10% or 15% for a year ,maybe two .
We have had years of them rising 10% or more per year ,year on year .!!!
It will recover ,albeit probably more slowly than we have become used to previously ,but as sure as eggs are eggs ,they will be going back up .!!!!!!!!
We have had years of them rising 10% or more per year ,year on year .!!!
It will recover ,albeit probably more slowly than we have become used to previously ,but as sure as eggs are eggs ,they will be going back up .!!!!!!!!
Yep there were a few wise owls amongst us in them days.!!!
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I would say it is too early to go for a long fixed term mortgage at the moment .And certainly not those you have to pay up front fees for .!!!
I cant see rates shooting up anytime soon .I would say a couple of years to be honest,to make sure the country has firmly settled down in its recovery .
If house prices do start to creep up month by month then I dont see the rates being hiked up straight away,as this would jepordise any longterm recovery process .
Obviously thats my opinion ,but the much more knowledgeable peeps on here may know something different !!!!!
I cant see rates shooting up anytime soon .I would say a couple of years to be honest,to make sure the country has firmly settled down in its recovery .
If house prices do start to creep up month by month then I dont see the rates being hiked up straight away,as this would jepordise any longterm recovery process .
Obviously thats my opinion ,but the much more knowledgeable peeps on here may know something different !!!!!
Heres another Gem I shared with you all.
Your welcome.....
Last edited by njkmrs; May 5, 2016 at 08:49 PM.
Scooby Regular
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Posts: 15,634
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From: K
Lol, yes
although people have been telling me recently
people who work in well paid jobs in London
that things aren't looking rosy
people worried about Jobs etc
often a good proxy judge on sentiment is how many LinkedIn request I get
and they have defiantly increased in the last few months
things might be heading south for a bit
and just read this
http://www.bbc.co.uk/news/business-36212130
although people have been telling me recently
people who work in well paid jobs in London
that things aren't looking rosy
people worried about Jobs etc
often a good proxy judge on sentiment is how many LinkedIn request I get
and they have defiantly increased in the last few months
things might be heading south for a bit
and just read this
http://www.bbc.co.uk/news/business-36212130
Scooby Regular
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I Should charge for my services really....
Now where is "Matyboy?"
Last edited by njkmrs; May 5, 2016 at 08:48 PM.
Scooby Regular
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Posts: 2,162
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Lol, yes
although people have been telling me recently
people who work in well paid jobs in London
that things aren't looking rosy
people worried about Jobs etc
often a good proxy judge on sentiment is how many LinkedIn request I get
and they have defiantly increased in the last few months
things might be heading south for a bit
and just read this
http://www.bbc.co.uk/news/business-36212130
although people have been telling me recently
people who work in well paid jobs in London
that things aren't looking rosy
people worried about Jobs etc
often a good proxy judge on sentiment is how many LinkedIn request I get
and they have defiantly increased in the last few months
things might be heading south for a bit
and just read this
http://www.bbc.co.uk/news/business-36212130
Yep we are still seeing a very strange set of circumstances still.
Swings and roundabouts all the time .Are we back on track ,are we set to stall again?
Go on then ,I will put my nuts on the line and predict Interest rates going to stay low for another 2 years at least.....
Currently selling my London flat to move to rural Wales for a better quality of life...
Property has almost doubled in value in 5 years
Property has almost doubled in value in 5 years
Last edited by Puff The Magic Wagon!; May 6, 2016 at 09:59 AM.
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From: Home
https://www.scoobynet.com/non-scooby...ying-gold.html
His economic commentary was and probably still is as woeful as his driving.
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From: Home
Scooby Regular
Joined: Jul 2008
Posts: 15,634
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From: K
Lol @ Matteeboy! Have a look at this:
https://www.scoobynet.com/non-scooby...ying-gold.html
His economic commentary was and probably still is as woeful as his driving.
https://www.scoobynet.com/non-scooby...ying-gold.html
His economic commentary was and probably still is as woeful as his driving.
had you bought £1000.00 what would you holding be worth?
Scooby Regular
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From: Home
$1282. Exchange rate in 2009 was 1.5 so £1k would have bought 1.66 ounces at around $900 an ounce. So your $1500 (£1k) would now be worth $2128 or £1470 at today's exchange rate. Of course, and as you know, gold peaked at a lot more than $1282. Some people managed to double their money in a relatively short period of time.
Scooby Regular
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Posts: 15,634
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From: K
$1282. Exchange rate in 2009 was 1.5 so £1k would have bought 1.66 ounces at around $900 an ounce. So your $1500 (£1k) would now be worth $2128 or £1470 at today's exchange rate. Of course, and as you know, gold peaked at a lot more than $1282. Some people managed to double their money in a relatively short period of time.
mmm - that doesn't look as good as property to me
not least because with property you can live in it and you can rent it out
so you get either a utility benefit or an income (as well as the capital gain)
neither of which you get with gold
but what do I know tbh
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From: Home
Sure, but for us and at the time, it was the right move.