 How can i find out how much i can borrow on a mortgage? |
| i am renting at the moment and would like to buy, but don't know how to find out how much i will be allowed to borrow, i don't want to keep applying to different companys as i have been ... |
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 Landlord selling house, Can I sue ? |
I only moved into a room that Im sharing in a house with another roommate and my landlady.
Well after just a month she did some renovations and suddenly has a buyer ! im furious!
She is ... |
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 If my landlord is losing thee house that I live in what are my options as a tenant? |
| The house is being auctioned on the 19th of May. How long after that will I have to move? Are there any other options? I really like this house!!... |
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 Does anyone know any good and honest estate agents? |
Additional Details
I am looking for UK Estate Agent Recommendations
T... |
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 Moving out! im 16? |
hi im 16 im not happy at home im desperate to move out eithier to a shared apartment or a flat. can anyone give me advice?
thanks
Additional Details
i have a full time job and ... |
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 Snotty tenant? |
| Trying to sell our house. Tenant called last night and said that we have to take the realtor's for sale sign out of the front lawn. That the sign is causing people to peek into his windows and ... |
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 Our realtor...? |
| Our realtor has less than a week left in our contract to sell our home. He has told us severalk times that he has put ads in different papers but when we get the papers the ads aren't there. H... |
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| How do i buy a home? How do i get a good deal with the requests that i make?... |
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 Can the Landlord throw someone out of an apartment if they are not on the lease? |
| Basically this is the situation. What if you Jane is renting out a room in Johns apartment. Jane and John have both agreed that since Janes credit is bad that she will not be on the apartments lease. ... |
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 How can i move out of my house because of personal reasons but im only a teenager? |
| i am 16 and live in the south of the u.k and was wondering what would be the easiest way of moving out of my parents house and possibly getting a council flat or just anywhere to live basically ... |
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 Am I correct to ask my flat mate's girlfriend to leave? |
| I moved into a flat about three months ago, with another flatmate. My flatemate had his girlfriend staying there, but he said she was going to be moving out after two weeks. It is three months on and ... |
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 Why are houses so expensive at some states? |
| I saw a show on HGTV and there was this couple who was looking for a house on some place near new york, they looked at some small houses but these were about $300,000 dollars, in Texas you could get ... |
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 Does my roomate have to give me/landlord 30Days Notice if he's not on the Agreement? |
| Hi, I need a little help answering this one. My roomate has been here 4 months, he filled out an application with the landlord when he moved in to make him official here. But we never signed a new R... |
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 How can I find an apartment? |
| I live in Calgary, Alberta, Canada and right now, we are going through a huge boom in our economy and our vacancy rate is 1% . Also, rent is very expensive. I was wondering what the best way to find ... |
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Naz | Do think house prices will crash!!!? |
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wibblebob
 |
No. Interest rates may have gone up but so has the amount that lenders are willing to give out. They may level out but I doubt they will crash. |
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Old Man of Coniston!.
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Inflation is already creeping up. Council taxes are rising out of scale with middle incomes. Council tax is going to be based on the value of your home so increases of 50% are very likely next year. First time buyers are being offered 6* their salary which is going to lead to huge numbers going bankrupt. And Renting property has now overtaken buying. All this will lead to a property crash like in the early 70's. Spending, like a Labours scale hastens this collapse. |
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BLONDESHELL
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no, can't see it |
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newmexicorealestateforms
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Nope, here are the reasons why:
Statistics on real estate from the Feds: http://www.fedstats.gov/
Historical statistics on Mortgage rates: http://www.bestrates.com/mtghst.html
Retail and Wholesale Trade gives the data seasonably adjusted by sectors: http://www.census.gov/econ/www/retmenu.html
And besides if they did sellers can always go and do this:
Burying old St Joseph to sell your home: http://www.snopes.com/luck/stjoseph.asp
Buena Suerte |
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louise
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i very much doubt it, they may fall a little but not a great amount. |
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del
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hope not im sitting on a fortune |
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CHRIS S
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one things for sure they can't keep rising |
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Boiled Egg
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I would like them to come down a bit, so I can afford a house. I don't want to still be paying off a mortgage when i'm 90! |
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mortgage help
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for what market |
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lalas0
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I live in California and the market went way to high for people to afford. So it is starting to come down a little. But CRASH I doubt it. With minimum wage going up I think everything else will follow right along. |
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budding author
 |
I'm no financial wizard, my bank balance is proof of that!
But it doesn't take a genius to wok out that house prices will never 'crash' in the long term, they never have yet, and I could never visualise them ever dropping in the long term.
Let us assume that overnight millions and millions of new built houses suddenly 'popped up', all for sale , the price of all houses would certainly drop, (supply and demand) but only in the short term never in the long term.
And millions of new built houses are not about to pop up anywhere are they?
Think about any scenario, look back in history, houses have never dropped in price over the long term.
Now the short term is a different matter, we will of course have the usual rise in interest rates people wont be able to afford to buy, prices will drop, (not crash) Interest rates will eventually drop again, same old story over and over again. |
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ursaitaliano70
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I think that this is a local issue. Overall, I don't believe that there will be any significant change in the near future. Most people cannot afford to lose equity, and this will stave off any major decline in prices.
The TV media is bombarding the public with the issue, often saying that the "bottom is falling out" in house prices. Is this some type of "sel-fullfilling" prophecy?" From what I've read,there is no general trend in prices falling. |
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pvanderstighelen
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yes ....they cant keep going up when salaries are not keeping up and the young can no longer get on the property ladder have been there when interest rates kept rising think it went to 17% really struggled it was a nightmare starved but got there in the end lots of my friends didn't know the interest rate is minor to that era but every % is an issue just be aware and be careful its no longer boom and bust its just bust |
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nemesis
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The only thing that would crash the housing market would be a steep rise in interest rates. Otherwise, the housing market will probably increase at a slower rate and may level out or drop slightly to take into account the fact that it will soon be physically impossible for a lender to lend a mortgage that people can afford. At this moment in time, lenders and buyers are being innovative i.e. lenders lending high income multiples, buyers grouping together, parents helping children get on the property ladder etc. |
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satarnag
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No, because of the things peopel already mentioned and you also have to take into consideration replacement cost. The cost of building homes has gone up, so a property will never fall below the replacement costs.
Regards |
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Flapjack empire
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No I don't. They will rise slowly and interest rates are set to rise slightly soon. |
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Very Dangerous
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No way, I think we will see a settling period after the interest rate rises predicted in the new year, but overall they will contiue to rise with or above inflation.
Since I started working the price of a house has risen far far more than the average working wage. That is why you can now get a mortgage for 5 times your salary. This wasn't needed before.. |
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Catwhiskers
 |
Yes.
Heres my theory.
We know that people in the Uk are in a lot of debt from credit cards, loans etc (it amounts to billions) most of these people will probably own their own homes, and most would be struggling if they had to take a month off work due to the massive repayments they will be making on their cards,mortgage etc.
The interest rates are going up all the time at the moment.
Now just suppose, in 5 years time the "normal" people (ie; not the super rich) living in huge houses cant make the repayments on their credit because the interest rates have gone so high, they will be left with few choices.
Their house may be repossessed. They may have to sell their house at a fraction of what they paid for it in order to meet their payments. This could result in massive sales of "cut price" houses which, in turn, would force the prices down on the whole housing market.
Then the whole thing would start again. |
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Roberto
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Yes materials have gone sky high and the market has turned. Allot of builders are going to go broke. We can't afford these 365,000 houses. Also old houses will go up a little. |
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Mr Glenn
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No..it's never happened. Even the problems in the 1980s were just a blip...and you were fine if you could afford to pay your mortgage. All that came from a problem with the economy created by the Tories...economic circumstances are much more stable now. |
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