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| Coming towards the end of our 6 month tenany agreement but our rent has been a bit late the past few months, the most being 13 days and was wondering if they'll renew our agreement or not in the ... |
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| Is there a rule of thumb that says how much rent I can afford based on my wage?... |
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| Hi, I've deceided I would like to sell my house, and then buy another one. My RE attorney suggested an agent (who works for an agency) that i've never heard of. okay, i call him and he ... |
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 Can the letting agents or your landlord enter your rented accommodation when you are not at home.? |
| The letteing agents sent a letter saying they will be doing a visual control of the flat i rent, they also say if i am not home they will enter with their keys. is this legal?... |
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 I need a good city to move too? |
What I like:
60-85 F
cheap homes
low crime
nice places to visit
lots of land area, country like settings
Dislikes:
Crime
poverty areas
cold long ... |
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 Landlord Suing me? |
| I signed a 12 month lease on May 24th 2006. On August 2, 2006 I was at work and from the witnesses, they say the incident happen around 1am. I was working nightshift. I came home to my apartment ... |
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| How old do you have to move out? in england? |
The only thing i wanna do is move out and i know its alot of trouble but how old do you have to be?
And how much would the average be to share a house this either 1 other person or 2 other ... |
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 Landlord entered without permission or notification? |
| this is the second time he has done so to shwo propsective buyers the building. he told us at the time of the lease that he would not enter the apartment without informaing us first. Well, now he has ... |
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tess | Are UK house prices going to crash? |
i really want to buy my first property. but, is tghis the right time? do u think prices will continue to rise and that i should get on the ladder now, or that the prices are too high now and there will be a crash? |
 |
 
britsurfer1
|
There won't be a crash, too many people want property as its the only real investment these days. You should get on the ladder now before prices go up again. |
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urbanrt
 |
If they do then something terrible has happened to the economy and the only people to be selling will be the bankrupt as people have invested too much money into their houses to let them go cheap. |
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andrew f
|
As long as you are in a secure job, and are thus as sure as you can be that you will be able to meet the monthly mortgage payment as well as the council tax and all the other outgoings, then go ahead, Tess. The property market is cyclical - boom and bust - but overall, prices rise (well, we live on a fairly crowded island and they aren't making any more land, are they?).
I guess that the first home you buy won't be the one you live in for the rest of your life. If there's a bust soon after you buy, then the fall in value might leave you without enough for a deposit on your next home. If that happens, you will just have to sit tight until the next boom starts, before you can move on. As long as you can cover the payments while you are marking time like this, then all should be well.
A warning, though - interest rates (including mortgage rates) seem to be going up just now, so don't borrow up to the absolute maximum which your income will stand. A loan of (say) £150,000 at 6% will cost around £750 a month in interest, but if the rate rises by just 1%, the monthly interest will go up by around £125, and that's £30 per week. I'm sure it is mainly rises and falls in the interest rate which govern property prices, because buyers are more concerned with whether or not they can afford the monthly payment than with the actual asking price.
Good luck, and console yourself with the thought that if the value of your first, modest, home drops by £10,000, those whose homes are worth twice as much can wave goodbye to £20,000. As long as yours is worth enough to give you a deposit on home no. 2, that's the time to move! |
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BLONDESHELL
 |
Hi!The sooner you get on the property ladder the better, that's my advice! we got our house last year and could already make a fat profit from all the work we have done!! don't rush in though, pick somewhere which has potential and take everything into consideration when you are looking. This is the quietest time for looking just now, not a lot of people are interested in buying/selling at christmas but keep your eyes peeled cos you might get a good deal like we did cos we moved in exactly a year ago and got our house a lot cheaper than we would have in the summer! & it helps if noone else is interested in the property so get looking & viewing & hope you find somewhere nice!!!! goodluck! |
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Weatherman
|
Price rises will have to slow otherwise we will end up in an almost totally rental society as the only people who will be able to afford to buy will be property developers.
As for a crash, I can't see it happening unfortunately. |
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Spoonraker
 |
Todays world = false economy
Everythings going to crash |
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ottoman
 |
I don't think so ..as long as there is demand .and the interest rates are low ..there be no crash..unless our income increases ..we will not be able to afford a property .so the prices will remain at this level.. |
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Amanda Kate
|
Nah - I had the same dilemma when I bought my first flat.
EVERYBODY told me not to do it, that prices were sky high, the market was teetering on the edge of a ravine etc etc
One year later I sold the flat for a £35k profit. And that was six years ago.
So go for it - it's always expensive getting on the property ladder but definitely worth it - there's nothing like owning your own place.
Good luck |
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Jack c
|
I think a lot depends on wether interest rates remain stable and fairly low. I think prices will slow down as people are becoming more and more stretched trying to afford property. People talk about the great profit they make on their property when they sell it but how much do they have to pay for their next house? I don't think theres going to be a massive crash unless theres a big rise in the interest rate, so unfortunately, you might as well join the mass hysteria of house buying. but keep your fingers crossed behind your back. |
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christopher_hughes5
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i fink u should try and get on ladder now as prices will soon rise but that will depend on area u live |
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Butt
|
A Brown is going to raise taxes,council's are raising charges and to cap it all Brown will raise
taxes again.Interest rates will rise and rise.
People are being fooled into buying property by
hearing sales are soaring.Look local and you'll
see how long houses have been on the market.
Big Bang is coming.Then of course there is Browns 8bn over spending he needs to get back |
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munkeytim
|
supply and demand - there are more people wanting to buy than houses for sale - with more developers pushing the market it will rise until top earners can't afford it then it might crash - but we are more likley to see much bigger factors before that happens. just watch local markets and buy a house you love - not for the price. |
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Drew
 |
I do not know how it is over there ,but if it is like in the states it will crash and big time. First off look at Japan and there housing market for those who say it can not happen it has just not on there door step.
Is your housing market fair and honest?? if so there should be no problem. A true investor knows any time there are big time profit you better know why or it is a big red flag somebody is lying. Just look at s few recent big time profit and then the crash after the lies came out the .com bust, Enron,Worldcom and there are others.
Check out this web site and see if and why you may have a dishonest market.
http://www.breakingbubble.com/index.htm |
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SteveT
|
What goes up, must come down!
But that's not to say prices won't still rise a bit before the crash. I'd say still buy if you can |
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