Re: House Prices - What are the predictions.
I think prices will flatline while it is so hard to get a mortgage, the rental market is doing really well which says everything about how hard it is to get a mortgage right now.Re: House Prices - What are the predictions.
Its a good time to buy if you can get a mortgage as rates are low and house prices have come down too. It always worth buying your own house if you can so long as you can afford the repayments as it will always be yours. My husband and I had to pay 15% when we took out our first mortgage. I get tired of people saying they can't afford to buy. If you work and save you can do it.Re: House Prices - What are the predictions.
We paid a little over £400,000 for our place 22 years and 6 days ago today!Re: House Prices - What are the predictions.
At first glance that seems a lot, though it depends on the type of property and where you live. I capitalised on the lag in Scottish prices being behind those in Hampshire where I used to live. However since moving, the Hampshire prices have stabilised while the prices here rose and then fell back quite sharply.
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