oh dear: house price crash is now imminent

[BlasterBates]

DOOM DOOM DOOM DOOM DOOM DOOM DOOM DOOM DOOM
DOOM.............................................. ........................DOOM
DOOM..............no it has dropped nearly 10%...............DOOM
DOOM.............................................. ........................DOOM
DOOM DOOM DOOM DOOM DOOM DOOM DOOM DOOM DOOM

[Lucifer Box]

OMG, that is nearly a 0.36% loss per year. We're doomed!!

[WageSlave]

She was tulip on the southampton regional news programme where they plucked her from

All she does is look smug sitting next to a muppet each morning.

[I am a bird honestly]

Get to keep the giant cat basket she sleeps in?

I can't stand Kaplinsky. At least Fiona Bruce smoulders

She was tulip on the southampton regional news programme where they plucked her from

[Rebecca Loos]

<>

so how does it feel to be a junioer member then atw?

[WageSlave]

Did she

Get to keep the giant cat basket she sleeps in?

I can't stand Kaplinsky. At least Fiona Bruce smoulders

[AtW]

Natasha's £10,000 property loss
6 July 2005

TELEVISION presenter Natasha Kaplinsky has sold her west London home for £10,000 less than she paid for it.

The newsreader and management consultant Michael Barnard, her boyfriend at the time, bought the three-storey Georgian house in Hammersmith in 2001 for £690,000.

When the couple split last summer they placed the house on the market for £775,900 but were slow to find anyone prepared to offer close to the asking price.

Now a sign has gone up at the property after she is understood to have accepted an offer for the significantly lower figure of £680,000.

In addition to her cash loss, Kaplinsky, 32, will have to pay agents' fees and stamp duty on her next home, so her total loss could be closer to £50,000.

The slackening property market brings with it the threat of falling into negative equity for homeowners who have borrowed heavily and are forced to sell in a hurry - although there is no suggestion Kaplinsky is in such an unfortunate position.

Figures show an increase in the number of sellers failing to recoup the cost of their mortgage as house prices fall away after seven years of strong rises. Jeremy Leaf,
Natasha Kaplinsky's home spokesman for the Royal Institution of Chartered Surveyors, said: 'The froth has come off the market.

'Choosy buyers can afford to bide their time as available property has risen by a quarter in the past year. Sellers must adapt their behaviour to account for the fact that boom conditions of recent years have come to an end.'

Hometrack economist John Wriglesworth said: 'Natasha has lost out in this sale, having to accept a 12% discount from her asking price in a market where the norm is closer to 6.5%.

'Obviously, she needed a quick sale of the property that she shared with her ex-partner so she could move on.

'A year ago she would probably have got close to £775,000 but the forced sale helped the buyers negotiate a better deal. Other London property owners who are not as desperate to sell and will not accept low offers are finding they cannot get buyers.