Nationwide House Prices

[PurpleGorilla]

First quarterly fall since 2009



https://www.ft.com/content/565124f4-...9-8d3441163f86

[VillageContractor]

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

[Big Blue Plymouth]

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

[AtW]

Them Tories will crash the market !!!

[Martin@AS Financial]

First quarterly fall since 2009



https://www.ft.com/content/565124f4-...9-8d3441163f86

Full report from Nationwide Building Society here:


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

[ChimpMaster]

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.

[MrMarkyMark]

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

[OwlHoot]

Them Tories will crash the market !!!

If Labour get in, and implement their Land Value Tax, you ain't seen nothing yet!

[SandyD]

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

[PurpleGorilla]

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 :-)