The UK Housing Market and Me

In January 2010 I found a great house. We could buy it but only if we could complete in 6 weeks. The only way we could possibly do that was rent out our house and get a buy to let loan for the new house. We therefore became reluctant landlords at the mercy of the UK housing market.Everyday the media has news or opinions about house prices and interest rates and these are my only indicators as to whether I am leading my family to financial ruin, bare survival or reasonable wealth and well being.

Tuesday, 7 September 2010

House Price Predictions

House predictions to summer 2011

Ray Boulger, John Charcol: "Very little change"

Bernard Clarke, CML: No prediction

Jonathan Davis, financial adviser: "Prices will fall"

Martin Ellis, Halifax: "Little change"

Martin Gahbauer, Nationwide: "Small falls"

Simon Rubinsohn, Rics: "Not a lot of difference"

Ed Stansfield, Capital Economics: "Down about 10%"

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