The Accidental Smallholder Forum

Community => Coffee Lounge => Topic started by: scattybiker1972 on January 11, 2010, 06:21:00 pm

Title: thinking of buying property??
Post by: scattybiker1972 on January 11, 2010, 06:21:00 pm

http://www.emoneyfacts.co.uk/news/breakingnews.aspx?newsarticleid=189511

if your thinking of buying property then nows the time to get in quick.

Title: Re: thinking of buying property??
Post by: doganjo on January 11, 2010, 07:27:24 pm

Quote from: scattybiker1972 on January 11, 2010, 06:21:00 pm

http://www.emoneyfacts.co.uk/news/breakingnews.aspx?newsarticleid=189511

if your thinking of buying property then nows the time to get in quick.

That was dated September 2009 and it was a load of rubbish. The increase never happened. There is a very slight up turn in the market since New Year, but most houses are selling for their surveyed value as given in its HIP report.  But it's just a quicker turnover rather than an increase in prices.  Thta is instead of taking 6 months to sell properties are taking int eh region of a month.  More popular areas will go quicker than that.  The same thing happened in 1986, when we were selling a property in Aberdeen - 6 months to sell, a slight drop in price, but there were a lot od repossessed properties around so we finished being in pocket overall.