Nationwide House Price Index August 2021

[Whorty]

I've noticed that the rental market round my way has gone absolutely bonkers with the asking rent being more ridiculous than normal.

It's just dawned on me that it might be driven by the Universities returning soon and all the rich overseas students wanting fancy digs.

Not just down there ... it's crazy everywhere. Rental properties are like hen's teeth my way. I'm (hopefully) moving house in the next few weeks, although the place I'm buying may not be vacant when I vacate mine .... and I can't find a rental anywhere. Within an hour of a new rental hitting the market 8-10 people have booked viewings and pretty much everyone makes an offer on it.

I had a chat to an estate agent and one problem has been landlords have been taking advantage of high house prices so are selling their BTLs, thus reducing rental stock. So a lot of these people looking to rent are soon to be homeless.

It's pretty crazy. I'm lucky that I think I can find somewhere for the few weeks I may need, but if that falls through I can always do a month in an AirBnB; that's not cheap but I'm lucky I can afford that, many poor sods down here can't and will become homeless.

Some parts of the country BTLs have been turned into AirBnB too to take advantage of higher income and the staycations, thus taking more rentals off the market.

[ladymuck]

I've noticed that the rental market round my way has gone absolutely bonkers with the asking rent being more ridiculous than normal.

It's just dawned on me that it might be driven by the Universities returning soon and all the rich overseas students wanting fancy digs.

[d000hg]

For much the same reason, I'd like to see a d000gh thread with d000gh confined to that thread. Entrance by prior appointment and mandatory clown shoes. Can that be arranged?

Feel free to use the forum ignore feature. Would you like some help?

[TwoWolves]

Hardly surprising that house price inflation is raging. Lots of people coming to the UK to make their home here from multiple locations due to political instability etc. I can't see anything on the horizon that is going to slow it either.

[northernladuk]

Can't you just use a word starting with "f" that rhymes with "reckless" with the "less" removed?

Anyone would think you are trying to get me to get myself banned for bypassing the swear filter?

[Martin@AS Financial]

Interesting regional report on landlords outlook and confidence from The Mortgage Works (the buy to let lending arm of Nationwide Building Society)


https://tmwnews.co.uk/5KD-7HP62-2QE7HG-4J2M4M-1/c.aspx

[jamesbrown]

No thanks. I don't want to trawl some long thread. 1 post a month is hardly spamming, don't be so ridiculous.

For much the same reason, I'd like to see a d000gh thread with d000gh confined to that thread. Entrance by prior appointment and mandatory clown shoes. Can that be arranged?

[OwlHoot]

.. pointless twadlings that no one gives a flying **** about (which you can't say cause MODs delete your post)

Can't you just use a word starting with "f" that rhymes with "reckless" with the "less" removed?

[BR14]

I quite like this popping up from time to time and have a good read of it. Just one post a month on something that's actually useful and interesting (to some) beats lorakeens pointless twadlings that no one gives a flying **** about (which you can't say cause MODs delete your post). Even more interesting that what AtW had for lunch.

i have to agree about the Basel Bible Basher deleting posts.
he's a twat of the first order.

[northernladuk]

Can't you just create one thread and update it every month? I mean, I know there's a low bar in general, but...

I quite like this popping up from time to time and have a good read of it. Just one post a month on something that's actually useful and interesting (to some) beats lorakeens pointless twadlings that no one gives a flying **** about (which you can't say cause MODs delete your post). Even more interesting that what AtW had for lunch.

[d000hg]

Can't you just create one thread and update it every month? I mean, I know there's a low bar in general, but...

No thanks. I don't want to trawl some long thread. 1 post a month is hardly spamming, don't be so ridiculous.

[jamesbrown]

Like the one for BoE base rate?

Yeah, exactly, I mean, not that I really give much of a fook (enough to reply, I suppose) but I see these threads and think "oh Martin@AS Financial is looking for some cheap advertising again". Stick yer thematic fluff in a single thread, Martin

[ladymuck]

Can't you just create one thread and update it every month? I mean, I know there's a low bar in general, but...

Like the one for BoE base rate?

[jamesbrown]

Can't you just create one thread and update it every month? I mean, I know there's a low bar in general, but...

[Martin@AS Financial]

Key points:

• Annual house price growth rose to 11.0% from 10.5% in July
• Prices up 2.1% month-on-month, the second largest gain in 15 years
• Average house price nudges towards £250k mark

Full report here:

https://www.nationwidehousepriceinde...-to-11-percent