Boomed!

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AlfredJPruffock replied

25 November 2011, 10:58
From the same rag :

A BID by the EU to restrict Britain’s mortgage market would see house prices plummet, experts warned *yesterday.

The new rules would dry up funds and force hundreds of thousands of people to sell up.

The glut of homes on the market would then see supply outstrip demand, causing prices to crash.

Brussels bureaucrats want to bring the UK’s crucial buy-to-let sector into line with Continental practice. That would mean landlords could no longer get a buy-to-let mortgage based on rental income.

Instead they would have to rely solely on their personal income. There are about 1.5million buy-to-let mortgages in the UK. Many landlords use second properties to back up their pension.

A Ukip spokesman said last night: “It is outrageous that the EU should try to dictate to lenders and borrowers the basis on which loans should be enacted.
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The_Equalizer replied

25 November 2011, 10:39
Originally posted by alreadypacked View Post

I bet headlines like this keeps them awake at night

Property collapse: From €380,000 to €65,000 – Dublin house sells at 17pc of peak price - Property & Mortgages, Personal Finance - Independent.ie

That or the headline, Dublin house sells for near what it was really worth all along?
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alreadypacked replied

25 November 2011, 10:06
I bet headlines like this keeps them awake at night

Property collapse: From €380,000 to €65,000 – Dublin house sells at 17pc of peak price

Property collapse: From €380,000 to €65,000 – Dublin house sells at 17pc of peak price - Property & Mortgages, Personal Finance - Independent.ie
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BrilloPad replied

25 November 2011, 10:01
They might be soaring at 15% - once inflation reaches 20%.
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DimPrawn replied

25 November 2011, 10:00
Originally posted by TimberWolf View Post

Don't the Express print that same headline every week?

Yep.

By Sarah O’Grady.

She's the wife of some wealthy Tory, and they have a huge BTL business.

MPs' expenses: Stewart Jackson admits claim for pool work was 'excessive’ - Telegraph

Stewart Jackson - Wikipedia, the free encyclopedia
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Irn Bru replied

25 November 2011, 09:56
House Prices

Originally posted by DimPrawn View Post

Express.co.uk - Home of the Daily and Sunday Express | UK News :: House prices to soar by 15%

Fill yer boots!

Lots of easy money!

You cannot lose!

Economic crisis? What economic crisis?

Who's phone they been hacking to get that rubbish!
Leave a comment:
TimberWolf replied

25 November 2011, 09:55
Don't the Express print that same headline every week?
Leave a comment:
DimPrawn started a topic Boomed!

25 November 2011, 09:52
Boomed!

Express.co.uk - Home of the Daily and Sunday Express | UK News :: House prices to soar by 15%

Fill yer boots!

Lots of easy money!

You cannot lose!

Economic crisis? What economic crisis?
Tags: None