Originally posted by DimPrawn
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Reply to: House prices
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Previously on "House prices"
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Houses seem pretty cheap to me:
4 bedroom detached house for sale in Willow Beach, South Sound, Cayman Islands, Cayman Islands
Factor in the tax advantage and it's less than the bedsit above the kebab shop.
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Originally posted by AtW View PostWhat other forums are you reading?
House prices predictions 2015: what next for property? - Telegraph
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Everything I have read has said that house prices are set to keep rising in 2015...hope so anyway.
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House prices
Mortgage demand in crash territory will 'subdue' house prices in 2015
"British lenders have witnessed the sharpest fall in demand for mortgages since the last housing market crash, according to Bank of England figures.
Sentiment among UK lenders plummeted in the final three months of 2014 as the majority of respondents to the central bank's Credit Conditions Survey reported weakening demand for new home loans.
The index, which measures the opinion of mortgage lenders, showed sentiment at 11pc in the first quarter of the year, indicating a rise in volumes of people trying to secure a mortgage
It rose again in Q2 to 26.8pc before falling to -27.4pc for the period of July to September and then sliding further to -46.1pc in Q4 as the bulk of the group recorded a continuing fall in demand.
While Zoopla and Rightmove have seen record traffic over Christmas, as people peruse property on the market, industry commentators believe the combination of tighter credit conditions and political uncertainty around the general election has stifled the housing market. "
Source: Mortgage demand in crash territory will 'subdue' house prices in 2015 - Telegraph
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