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Property Prices Discussions on general property prices and property inflation in the UK.

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Old 17-10-2010, 05:34 PM
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Default Re: House prices on the up
I think relief is coming for 1st time buyers house prices are dropping and will drop further as government cuts take hold
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Old 24-10-2010, 02:40 PM
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What do you think is the biggest impediment for first time buyers, getting a deposit big enough or being able to get a mortgage?
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Old 15-11-2010, 01:35 PM
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Default Re: House prices on the up
Property prices being too high I think is the biggest problem - they've gone up far in excess of earnings and needs to see a correction.
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Old 09-10-2011, 09:00 AM
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Default Re: House prices on the up
The intersting thing is, who actually rising prices of selling houses first? by seller or goverment, and why? anyone know?
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Old 10-10-2011, 08:25 AM
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Default Re: House prices on the up
Yes house prices are a little to high. At the moment the average first time buyer on a 30K salary can borrow 100K. the average flat where I live is 180K. that's an 80K deposit.
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Old 10-10-2011, 05:51 PM
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Default Re: House prices on the up
It's a very stressful and frustrating time for first time buyers at the moment. We've seen historically affordable mortgages come at the same time as unreasonably large deposit requirements.

It'll be interesting to see where we're at in a year's time.
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