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Things can't be that bad in UK

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    Things can't be that bad in UK

    House prices have only fallen 0.4% this month according to the Nationwide:


    Rate of price fall moderates in November
    Prices fall by 0.4% in November
    Annual rate of fall moderates to 13.9%
    Deep interest rate cuts will provide support for borrowers
    Fiscal measures may help housing market indirectly, but policies to support funding markets may be more likely to speed recovery


    Sounds like Brown has done it. Thank god our houses will be going up again soon and I can borrow to fund my unsustainable lifestyle again.

    Anyone here looking to buy into BTL again as prices have reached the bottom and the only way is up!
    First Law of Contracting: Only the strong survive

    #2
    Thanks!

    Now i know what to do with my spare £50000 I was saving for a rainy day
    Who has time? Who has time? But then if we do not ever take time, how can we ever have time?

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