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Nationwide Building Society House Price Index Feb 22

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  • Whorty
    replied
    Originally posted by ladymuck View Post

    Zombies!
    You watch too many films

    Leave a comment:


  • ladymuck
    replied
    Originally posted by jainnode View Post

    If there're going to be nukes, why would you want to die slowly of radiation, starvation or pillagers, rather than quick and clean at ground zero??
    Zombies!

    Leave a comment:


  • jainnode
    replied
    Originally posted by d000hg View Post
    Wonder if fear of nukes will further drive the prices of rural/not near a major city housing.
    If there're going to be nukes, why would you want to die slowly of radiation, starvation or pillagers, rather than quick and clean at ground zero??

    Leave a comment:


  • d000hg
    replied
    Wonder if fear of nukes will further drive the prices of rural/not near a major city housing.

    Leave a comment:


  • _V_
    replied
    So nice to read good news for a change after a pandemic, war in Europe, Climate Catastrophe.

    Leave a comment:


  • DealorNoDeal
    replied
    Originally posted by Martin@AS Financial View Post
    Nationwide I believe are confident about the housing market as last year they launched what they call their helping hand mortgage. Essentially this has enhanced affordability rules and the mortgage must be taken on a 5 year and above fixed rate.
    Or it's a sign we're near the top. Lending always seems to get lax just before a boom ends (increased salary multiples in the late 80s, self-cert, sub-prime prior to 2008).

    Leave a comment:


  • Nationwide Building Society House Price Index Feb 22

    House price growth accelerated in February, with average price up £29,000 over the last year

    Key points:
    • Annual UK house price growth increased to 12.6% in February, from 11.2% in January
    • Prices up 1.7% month-on-month
    • Average house price exceeds £260,000 for first time
    • Price of typical home 20% higher than February 2020

    Full report here:

    https://www.nationwidehousepriceinde...66-59mr4-ffu59

    Interestingly, the price of a typical home rose above £260,000 for the first time. Nationwide I believe are confident about the housing market as last year they launched what they call their helping hand mortgage. Essentially this has enhanced affordability rules and the mortgage must be taken on a 5 year and above fixed rate.

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