truman Posted June 8, 2011 Share Posted June 8, 2011 Deposit size Number of deals available 5% 25 10% 202 15% 522 20% 376 25% 821 40% 268 Not according to these figures pal. You've just shown there are 95% mortgages available.. Link to comment Share on other sites More sharing options...
Rupert_Baehr Posted June 8, 2011 Share Posted June 8, 2011 Annual inflation is running at about 5% (though prices are rising by a little more .) Wages and salaries are rising by rather less and the return on savings is rather lower, so those living on fixed incomes or frozen salaries are becoming poorer and have little incentive to save. If interest rates are kept low, those incentives will be reduced even further. If interest rates rise later this year - as has been widely predicted - the demand for mortgages will reduce further and those who want to sell houses will have to reduce their prices further. Now may be a good time to buy, but the end of the year may be an even better time. Link to comment Share on other sites More sharing options...
ANGELFIRE1 Posted June 8, 2011 Share Posted June 8, 2011 well if you would not be able to sell it if you increased the price by 16%, then I would argue it is not worth that 16% more so the price will not have risen! Its only worth what a buyer will pay surely? We have dropped the price by £10,000 and still have little interest. Looks like to achieve a sale we will have to bite the bullet and lower it again, but by how much?, £10k or may be even more. So much for the price going up eh. Regards Angel. Link to comment Share on other sites More sharing options...
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