Thetownend.com

Anyone else think prices are going to continue to rise as they are?

I read in the paper the other day that Winchester is the most expensive place to live outside of London. Average house price is £330,000 !

I think it's disgusting to be honest. This is one of the new places on the estate where I live....

http://www.georgewimpey.co.uk/newhomes/South+West/BlissfieldGardens/Stanford/


Who the fuck can afford that?!  :shock:

Prices might stay where they are for a bit. Long term they'll go up.

I can't see the market dropping 30%-40% like some 'experts' have been saying.

Prices have stablised here in Wokingham and Windsor but predictions are for 3% down for early 2008, Swindon is probably just a little bit more and Devon and Crornwall maybe a bigger drop. There again we went up 13% in the last year.
I've been trying to sell a lot of property recently and nothing is moving ...

Simple supply and demand.  The prices will continue to rise at a rate of about 5% in december and january.  Id say in February the mortgage lenders will re launch the deals and the market will pick up again then.

Property prices rising is better for you Bushey.

More people will rent  :D

Yeah its a good field to be in at the moment.  Rents have increased due to the demand, I let 7 last week which is the best week ive had.  

The one thing ive noticed is repossesions are on the increase, got sent detaisl on 18 houses in Swindon last week from a mortgage firm who are about to repossess the properties.

People are taking out mortgages they can't afford.

Easy to get yourself in shit.

What!!!!!, its not what they go on the market for, its what people are willing to pay!!!

The buy to let investors and first time buyers are what drives the market, by re launching offers and making it more attractive to these people the market will come back.  Your see in February - April

Bushey I have six properties on the market at the moment, smallest being a three bedroom end terrace, not a flicker mate, hope you are right.

Are you getting out totally?! Are they in Swindon as I could perhaps shift them.  I work for 17 investors, basically got a open cheque book off the most serious one, if its 6 together for a fair price id be interested.

I hope I am right too

No - two in Windsor, one in Wokingham, two in Swanage an one in Studland.

if you want to send me the details on a private emssage I can see if he would be interested.

I'm only interested in selling, not letting anymore.
Could well be interested in sending details but will give it another couple of weeks for the management company who handles my affairs.

No problem just let me know.  Many people are getting out at the moment, getting lots of people trying to sell and rent at the same time.

Trying to flog mine in wokingham and it's stagnating, prices slowed rght down here. Also, the houses I'm looking to buy, loads of people are bringing their prices to 250,000 or below to avoid people having to pay stamp duty in order for quick sales. I think the market's gonna slow...I've seen the same houses fo sale for months now.