House price prediction for 2007

[Sockpuppet]

I've been noticing loads of places for sale on a 50% ownership basis .. part ownership part rent..anyone knows more about this??

Yeah they are tulip.

Basically you pay say £300 on a mortgage and then £300 in rent. Instead of just paying a £600 mortgage overall becuase the banks think that you can't raise all the money.

I looked at a house the other day and the vendor said that the client was only selling 75% and that rent would be due on the rest.

Except that the price was the same as any other house in the area where you could buy 100% of the property.

Why do people think that they can just make up prices and the houses will sell. Yes I know there is a boom but your not going to get a price you just pluck outta the air (well not from me as I'm a hard nosed bastard and have no chain)

[DaveB]

I've been noticing loads of places for sale on a 50% ownership basis .. part ownership part rent..anyone knows more about this??

Usually run by housing associations and aimed at the low income bracket who wouldn't be able to afford to buy otherwise. More info here

[Sockpuppet]

Agreed. As soon as I buy a house a) the interest raets will rocket and b) the house prices will crash.

You heard it here first.

[Diestl]

They will rise 50% then just after I sell my house crash 75%.

[NoddY]

This is what happend over 2006

HOUSE PRICE INFLATION 2006
North - 8.6%
Yorks & Humberside - 7.3%
North West - 6.2%
East Midlands - 6.3%
West Midlands - 5.8%
East Anglia - 7.5%
Outer South East - 7.7%
Outer Metropolitan - 8.9%
London -11.3%
South West - 7.1%
Wales - 8.9%
Scotland - 16%
N. Ireland - 44.1%
UK - 9.3%
Source: Nationwide

What are your predictions for end of 2007?

I reckon 12% average.

The hyphens turn into minus signs?

[SandyDown]

I've been noticing loads of places for sale on a 50% ownership basis .. part ownership part rent..anyone knows more about this??

[MarillionFan]

6-7

[sasguru]

10% SE, around 6-7% elsewhere

[malvolio]

-9324712122181427213621859865003432e99%

No chance, as long as there is more demand than supply...

[Francko]

Source: Nationwide

What are your predictions for end of 2007?

I reckon 12% average.

-9324712122181427213621859865003432e99%

[DimPrawn]

This is what happend over 2006

HOUSE PRICE INFLATION 2006
North - 8.6%
Yorks & Humberside - 7.3%
North West - 6.2%
East Midlands - 6.3%
West Midlands - 5.8%
East Anglia - 7.5%
Outer South East - 7.7%
Outer Metropolitan - 8.9%
London -11.3%
South West - 7.1%
Wales - 8.9%
Scotland - 16%
N. Ireland - 44.1%
UK - 9.3%
Source: Nationwide

What are your predictions for end of 2007?

I reckon 12% average.