If you would like to ask a question on the housing market, economics or mortgages, feel free to leave a comment at the bottom of this post.
I will endeavour to answer it the best I can.
I studied PPE at Oxford University and now work as an Economics teacher at Cherwell college in Oxford.
If you would like to ask a question on Economics, you can visit my Economics Blog – ask Economics Question
we’re looking to sell our house, but we’d really like to achieve the amount it was first valued at eight months ago, so far we’ve only had offers which are just not high enough. Do you think that waiting a few more months, say six more months would allow time for the housing market to readjust and therefore be a better time to sell?
My mother passed away recently and we now have her
house on market…we have dropped but dont want
to go too silly as they have worked hard all their lives and it feels wrong to sell at too low a price. I would like to give a good proportion to my son to buy his first house.
What would you suggest? renting for a while and also
how long do you predict this to last? Thankyou.
We now have our house on the market July 2008. This is suggested the worst time to try to sell a house. It has only been on for 3 weeks and no viewings? We have extended the house and decorated throughout as well as refitted kitchen, bathroom, cloakroom and master room. We have also built a separate office and put it on at an agents suggested realistic price for today’s market but no interest. Do you see the market lifting or morgages being offered and well as goverment looking at stamp duty. It appears 2/3 beds are selling under the £250 k bracket but not the 4 beds over this like mine. I feel there is no more we can do to help ourselves in this market but what and when needs to happen for this to change??? Thanks
i would like to sell my house to my son at less than the market value,is this possible
I am British and live abroad but want to buy in the UK when the market hits its bottom prices.
When do you feel that this will be?
I’d like to know that before the secondary market started to boom as now, wheter the UK government has any policies or set any organizations to encourage the secondary mortgage market? Thank you very much
I would like to know that what are the factors that effect the price of houses in UK and does government policies make any difference to it?
Where can I find data on historical mortgage rates? Real & nominal if possible?
Hi,
I lost my mother very unexpectedly, recently and my father wants to sell the large house in Essex , buy a small flat and share the surplus out to myself and my two brothers. He is happy to stay in the house for a while but we dont know which way to jump. The house was valued at 750K last year and now and been valued at 625K, As you can imagine this is a lot of money to us, with a large morgage, small children to get through school and the threat of loosing my husbands job all the time. We are terrified that is we wait we could loose even more, or if we do stick it out for a few years could we gain more of our early inheritance.
i hope you can help,
lesley
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