Soaring house prices in 2020 likely to slow this year, says Halifax
08/01/2021
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The lender says it expects "downward pressure on house prices" in 2021 following annual rise of 6% last year.
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icecoldstevet
08/01/2021 11:06:17
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I know many people who voted to remain due to the 'threat' by Cameron and Osbourne 2 weeks before the referendum that just on a vote to leave there would be an emergency budget, tax rises, interest rate rises and massive house price falls. None of which happened (which most of us knew would be the case) and interest rates actually came down the very next day after the vote.
We left a year ago mate, we had a year to stick to the same rules because we had no idea what rules would be agreed for after due to the sheer incompetence of our government
Read the comment properly and you will notice that it referred to the vote going to leave not the actual leaving.
Please engage brain before throwing moronic insults. Removed
Please engage brain before throwing moronic insults. Removed
no your wrong, we left a year and 1 week ago, get your facts right
And yet the sun still rose, electricity came out the sockets, water out the taps and best of you can still buy toilet paper. Time to move on, grow up, accept the will of the people and complain about something else you can actual change, like perhaps child poverty. £1 from every remoaner for every negative comment and food banks would be full.
While Bitcoin hits $40,000 backed by ???
I would rather have the mud baked bricks...… world has flipped its button.
I would rather have the mud baked bricks...… world has flipped its button.
Control our current population and you wont need to build new houses, we can't have infinite growth, the worlds resource are suffering as it.
“Move to China - they love this way of thinking... or Nazi Germany.”
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Except that in this country it would be a voluntary conscientious decision not to put a burden on the planet, based on educated reasoning. Removed
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Except that in this country it would be a voluntary conscientious decision not to put a burden on the planet, based on educated reasoning. Removed
House prices will plummet with the impending depression. Also the BBC loving reporting on Trump and his "mindless" supporters. The BBC has hated Trump from day one.
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Who in their right mind throws $40K at this "investment" scam? No sympathy for those that are going to lose a fortune trying to get rich quick.
Answer. You buy in years ago when it (in my case $500 in 2016) was much cheaper, then you part sell at steps on the way up. I'm already in six figure profit. People like you were saying this stuff when bitcoin was $100, $1000, $10,000 and even if it falls by a significant margin in any short term, it doesn't matter. Not too late though, it'll be heading to $100,000 in the short to medium term.
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Ha ha poor folks don't appreciate how much their pounds and dollars are juat bits if paper. Worthless paper when the QE chickens come home to roost.
So, in your view, nobody should ever be allowed to make a profit on anything without giving the government 40% of any gain ?
Presumably the government will reimburse any failed businesses then ?
Sounds like we take all the risk and the government takes the rewards.
Presumably the government will reimburse any failed businesses then ?
Sounds like we take all the risk and the government takes the rewards.
Welcome to the world of big boy investors. If you're not a big enough boy to pay taxes on capital appreciation of your assets then you're not a big enough boy to sit at the big boys table. Businesses are taxed differently to assets by the way so I don't see why you made that argument (well I do, it's because you're thick).
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"Trump under pressure over Capitol riot"
Pressure from who? Who keeps repeating the anti Trump hate and doesn't stop?
THE BBC!!!! Removed
Pressure from who? Who keeps repeating the anti Trump hate and doesn't stop?
THE BBC!!!! Removed
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"Trump under pressure over Capitol riot"
Pressure from who? Who keeps repeating the anti Trump hate and doesn't stop?
THE BBC!!!! Removed
Pressure from who? Who keeps repeating the anti Trump hate and doesn't stop?
THE BBC!!!! Removed
An easy solution would be to make it no longer possible to own more than one property. Should people really 'earn' an income from somebody else's home? It seems immoral. But the REAL elephant in the room, as it has been for so many years, has been the influx of foreigners to these shores requiring somewhere to live—unpopular to mention but a reality nonetheless. At some point it needs addressing!
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limit purchases for buy to let, remove hoarding and slow release of land by builders in favour of future long term price, curb net migration, TRUE affordable homes for low income, stop false economies by part rent/own schemes that are just engineered for a developer to sell a £250k home to a £40k pa income family, stop building on greenbelt through greasing the palms of local councils etc etc
I may come across as a Tory or Brexit Britnat little Englander for this one [which I am far from being] , but uncontrolled immigration is the major factor here , the UK gov need to investigate the match immigrant salaries with housing in the area where they are going to live/work , if no match can be truly made, then they cannot come in ! same if they have kids , if no school place then no entry .
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Not when you look at the stats - maybe if you read the Daily Mail.
This is definitely Brexit little Englander talk, I'm afraid. These issues are negligible - a tiny drop in the ocean of our housing woes - unless you get your news on immigrants from Channel 5 poverty porn and tabloid outrage articles.
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Well done for citing immigration as the cause of everything. A job awaits you at the Daily Mail.
Actually you come across as ignorant. If immigrants or anyone else don't have a salary that "matches" the cost of housing in the area then they won't be able to afford housing, so prices won't be driven up. Prices are driven upwards by an excess of people with sufficient income to pay for housing that is in limited supply. Your pricing problem may be that immigrants earn more than you do.
I may come across as a Tory or Brexit Britnat little Englander for this one [which I am far from being] , but uncontrolled immigration is the major factor here , the UK gov need to investigate the match immigrant salaries with housing in the area where they are going to live/work , if no match can be truly made, then they cannot come in ! same if they have kids , if no school place then no entry .
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Interesting, I have one buy to let and was looking to acquire another but my bank refused a loan secured on the first property, as they claim a charge would be uninforcable due to the current Covid protection against eviction accorded to tenants. My tenant is not in arrears but there must be many small landlords in dire straits due to this pandemic.
You should aim your comments at Jon Lansman. Get a sense of proportion rather than taking a swipe at some poor guy trying to make a few quid from a single let. I trust your employment, investments and any other dealings you may have are ethically squeaky-clean.
Dont know how the housing market is booming im trying to buy a property with close to 60% deposit and 2 mortgage companies have turned me down due to stricter covid rules on lending, even tho i can prove im still working and can afford to pay the repayments (approx £370 a month)
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