Daily Boom!

[DimPrawn]

Prawnie is right.

Has Kirsty Allslop taught you nothing?

Buy buy buy! Qweeeeeeeeeeeeeek this bedsit won't hang around long at £950K in this up and coming area!!!!

[Clippy]

Prawnie is right.

[Coalman]

Do you not agree that unemployment is rising and fixed deals are ending?

What are new mortgage deals like now?

Bloody expensive, but I've managed to transfer my liftime tracker to the new property we are buying. Current rate BoE +0.48%, new mortgage approx 6% !!

And before people start saying stupid time to buy, its a home first, investment second!

[Hiram King Of Tyre]

Do you not agree that unemployment is rising and fixed deals are ending?

What are new mortgage deals like now?

[DimPrawn]

OK. To be honest as an outwright owner with no mortgage, it makes verry little difference to me (directly).

Where do you think MSWs areguments are flawed?

Because they are based on the same old "unemployment is rising so house prices fall" and "people coming off fixed price deals in a for a shock" bollux.

That woman makes about as much sense as AtW.

[Hiram King Of Tyre]

OK. To be honest as an outwright owner with no mortgage, it makes verry little difference to me (directly).

Where do you think MSWs areguments are flawed?

[DimPrawn]

Do you seriously believe that the property market fall is over?

For the SE and London yes.

Gordon is going to keep printing money and that money is going to end up in the hands of 100,000's of bank staff in the form of ever larger bonuses.

Those bonuses are going to find their way into the London property market and anywhere commutable to London.

[Hiram King Of Tyre]

Do you seriously believe that the property market fall is over?

[DimPrawn]

Yeah I'll listen to serial renter Merryn Somerset Webb who has been talking down the housing market and talking up Japanese stocks () for the last decade.

[Hiram King Of Tyre]

Yeah right.....

http://www.moneyweek.com/investments...oney%2BMorning

[DimPrawn]

http://www1.landregistry.gov.uk/asse...PIJan10tur.pdf

The January data shows an
annual house price movement of
5.2 per cent, which is the second
month in a row in which the
figure has been positive. While
not all regions are recovering at
the same rate, it is clear that
overall prices are increasing.
Monthly house price change is
also positive this month at 2.1
per cent. This is the eighth
consecutive month that the
figure has been above zero.


January's data shows that
London experienced a rise in
annual growth rates, with an
increase of 10.5 per cent. This
was the strongest annual
growth of any region and over
double the figure for England
and Wales as a whole, which
currently stands at 5.2 per cent.
January marks the fourth
consecutive month of positive
annual house price changes in
London.
London's monthly change of 3.9
per cent is the greatest increase
of any of the regions and is the
eighth month in a row in which
the capital has experienced a
monthly movement greater
than zero.
The average value of a property
in London is now £336,212.



What ******* recession?

Not in the SE anyway.

Gordon Gordon Gordon!