More gloomy property news

Discussion in 'Finance, Property, Law' started by in_the_cheapseats, Jan 16, 2008.

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  1. in_the_cheapseats

    in_the_cheapseats LE Moderator

    Still plenty of property for sale but few are buying.

    House Prices fall at 1990 rates

    It will be interesting to see if the hold (and hopefully drop) in % rates in the next quarter improve matters.
     
  2. I must admit that nowadays I don't really care about house prices, what I want to know is will the current apparent slowdown mean lots of cheap holidays on the market later in the year.
     
  3. and if you can get hold of a few grand spare you can perhaps get a good deal on buy to let

    Trotsky
     
  4. or alternatively put your money into Gold bullion. You just know it is going to go over the 1000$ oz mark, [given the downturn in the state of the world economy]
     
  5. Looking for a mortgage then the Woolwich Lifetime Tracker mortgage is well worth a look

    No application fees and no early repayment charges.

    Borrow up to 80% of the value of your home, minimum loan £50,000.

    You can make overpayments whenever you want.

    Plus it has one of the best rates going at 5.97% current variable rate