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Nationwide House Prices

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    Nationwide House Prices

    First quarterly fall since 2009



    https://www.ft.com/content/565124f4-...9-8d3441163f86
    http://www.cih.org/news-article/disp...housing_market

    #2


    Only need a hundred grand for a mortgage now ...

    Comment


      #3
      Sh!t. Have I just bought at the top end of the market?

      Comment


        #4
        Them Tories will crash the market !!!

        Comment


          #5
          Originally posted by PurpleGorilla View Post
          Full report from Nationwide Building Society here:


          http://www.nationwide.co.uk/~/media/...7/May_2017.pdf

          Comment


            #6
            This is expected.

            Additional SDLT and Section 24 taxation were brought in to cool the market. Brexit referendum helped too. All we need now is a slight adjustment in interest rates and the market should come down pretty hard.

            Comment


              #7
              Originally posted by ChimpMaster View Post
              This is expected.

              Additional SDLT and Section 24 taxation were brought in to cool the market. Brexit referendum helped too. All we need now is a slight adjustment in interest rates and the market should come down pretty hard.
              Its actually been slowly happening for quite a while.

              I have been waiting for it
              The Chunt of Chunts.

              Comment


                #8
                Originally posted by AtW View Post
                Them Tories will crash the market !!!
                If Labour get in, and implement their Land Value Tax, you ain't seen nothing yet!

                Work in the public sector? Read the IR35 FAQ here

                Comment


                  #9
                  If the land value tax is implemented it would be a disaster for anyone in London including me

                  Comment


                    #10
                    Originally posted by SandyD View Post
                    If the land value tax is implemented it would be a disaster for anyone in London including me
                    There should be an extra charge for subsurface buildings.

                    All those London iceberg homes :-)
                    http://www.cih.org/news-article/disp...housing_market

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