BTL Question

[Troll]

If they prefer to rent in Europe, why would they buy in UK? It's not like quality of life here is best in Europe.

Prices are going down big time. Boomed!

Another flipin immigrant moaning about this country... if you don't like it leave.. only those born here are allowed to moan about this country

HTH

[AtW]

might there be a spurt of eurozone buyers moving into the uk property market

If they prefer to rent in Europe, why would they buy in UK? It's not like quality of life here is best in Europe.

Prices are going down big time. Boomed!

[Dow Jones]

Downward spiral

I think the BoE is following the US model of a weak currency to aid recovery. This is too risky, as it will cause higher inflation which will in turn keep interest rates high which may prolong the recession

[BlasterBates]

UK rates/salaries have also just fallen 10% for european workers.

..and European rates and salaries for UK workers in the EU have risen 10%, and their EUR savings are also worth a lot more pound per Euro

[bobhope]

I refer you to my previous posting on this: look forward to holidays in Skegness and Bognor.

[rootsnall]

blaster,

you're right, for those of us in the Eurozone UK house prices have fallen 10% in the last few months

uk property market could become very interesting for european speculators, same was as the US has been interesting for UK buyers for the last few years

Milan.

UK rates/salaries have also just fallen 10% for european workers.

[milanbenes]

blaster,

you're right, for those of us in the Eurozone UK house prices have fallen 10% in the last few months

uk property market could become very interesting for european speculators, same was as the US has been interesting for UK buyers for the last few years

Milan.

[BrilloPad]

taking punts on fx rates is always a very risky affair unless you know what you are doing.

[Sockpuppet]

Hasn't most of the eurozone moved here already?

[BlasterBates]

Hey not seen the pound drop like this since 1992 I reckon there's a fair way to go as well.

Over 10% wiped off in the last few months. At this rate houses will correct simply through the pound.

Actually this is the better solution.

[milanbenes]

with the pound falling like a stone,

and uk house prices stagnating

the houses are still expensive for the locals

but the houses are becoming cheaper for foreigners
in currencies against which the pound is falling - eg Euro

therefore,

giving consideration to this phenomenen

might there be a spurt of eurozone buyers moving into the uk property market


if so, uk property holders are laughing


boomed

what does the jury think ?

Milan.