Comments on: Surviving a House Price Crash. http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/ Simplifying Finance, Housing and debt Thu, 18 Mar 2010 06:56:59 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Beatrice | Retail Letting http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/comment-page-1/#comment-2492 Beatrice | Retail Letting Fri, 12 Feb 2010 06:38:47 +0000 http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/#comment-2492 Great article once again, and reading it makes me look at my own country and I can see a lot of those points happening here too, I do also agree with all the comments that have been made above, yet Pete stated that this was only going to be between 6-12 months yet it has been a little longer than that. They did say that with in this year the financial crises should start recovering and it is but not hugely I think that we should not get ahead of ourselves and still save and not over spend just yet in order for ourselves not to wind up in any unnecessary debit, that we don't need, Great article once again, and reading it makes me look at my own country and I can see a lot of those points happening here too, I do also agree with all the comments that have been made above, yet Pete stated that this was only going to be between 6-12 months yet it has been a little longer than that. They did say that with in this year the financial crises should start recovering and it is but not hugely I think that we should not get ahead of ourselves and still save and not over spend just yet in order for ourselves not to wind up in any unnecessary debit, that we don’t need,

]]> By: Pete http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/comment-page-1/#comment-1470 Pete Mon, 23 Jun 2008 12:55:59 +0000 http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/#comment-1470 I agree with both Ana and Lorraine. This struggle will last for approx. 6 - 12 months in my opinion. There will always be supply and demand in the industry, sure prices have and are dropping slightly but lets not forget that they have been rising for a good 4 - 5 years, thats something that the media especially forget to mention. Prices will steady out, mortgages will slowly become more available and the market will slowly pick back up. I also believe that the media have made the situation much worse, bad news/reports about the market constantly being pushed into the publics face has seriously damaged confidence which plays a big part in the current market. I do believe that the price drops and steadying out in the market will in the long term be a good thing as prices were rising at a ridiculous rate, and as an estate agent i believe that soon the market will be much more open escpecially for first time buyers who finally might be able to buy. I agree with both Ana and Lorraine. This struggle will last for approx. 6 – 12 months in my opinion. There will always be supply and demand in the industry, sure prices have and are dropping slightly but lets not forget that they have been rising for a good 4 – 5 years, thats something that the media especially forget to mention. Prices will steady out, mortgages will slowly become more available and the market will slowly pick back up. I also believe that the media have made the situation much worse, bad news/reports about the market constantly being pushed into the publics face has seriously damaged confidence which plays a big part in the current market. I do believe that the price drops and steadying out in the market will in the long term be a good thing as prices were rising at a ridiculous rate, and as an estate agent i believe that soon the market will be much more open escpecially for first time buyers who finally might be able to buy.

]]> By: Ana http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/comment-page-1/#comment-1454 Ana Mon, 16 Jun 2008 18:36:13 +0000 http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/#comment-1454 The fundamentals of the UK economy are all in very good shape. The house prices will not fall significantly over the next years. There is a temporary squeeze on mortgages. As soon as that is corrected the house prices will start rising again, however, at a slower pace than in recent years. The fundamentals of the UK economy are all in very good shape. The house prices will not fall significantly over the next years. There is a temporary squeeze on mortgages. As soon as that is corrected the house prices will start rising again, however, at a slower pace than in recent years.

]]> By: Lorraine http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/comment-page-1/#comment-1348 Lorraine Fri, 25 Apr 2008 15:55:51 +0000 http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/#comment-1348 This is a well balanced and well thought out article. I feel it is important to highlight the advantages of falling house prices, as well as the disadvantages, as it is all too easy to get caught up in the media hysteria. As a property investor, the advantage for me would undoubtedly be cheaper properties. However the difficulty comes in sourcing good mortgage deals. It's now down to me to make the most of the situation by getting creative! This is a well balanced and well thought out article. I feel it is important to highlight the advantages of falling house prices, as well as the disadvantages, as it is all too easy to get caught up in the media hysteria.

As a property investor, the advantage for me would undoubtedly be cheaper properties. However the difficulty comes in sourcing good mortgage deals. It’s now down to me to make the most of the situation by getting creative!

]]> By: Rogue Economics and Other Links — Economics Blog http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/comment-page-1/#comment-1347 Rogue Economics and Other Links — Economics Blog Fri, 25 Apr 2008 13:08:53 +0000 http://www.mortgageguideuk.co.uk/blog/uk-housing-market/surviving-a-house-price-crash/#comment-1347 [...] Surviving a Housing Crash [...] [...] Surviving a Housing Crash [...]

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