tag:blogger.com,1999:blog-22726546.post1330287493314290325..comments2023-12-05T20:19:45.284+00:00Comments on 'Agents Diary': Fall Guy - Thursdaysecret agenthttp://www.blogger.com/profile/09349969960942971932noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-22726546.post-20092033419183814392010-11-02T15:28:27.157+00:002010-11-02T15:28:27.157+00:00I think prices have a way to drop but I'm not ...I think prices have a way to drop but I'm not not buying for that reason, you could get a pretty low rate fixed interest mortgage at the moment, so difficult to see the advantage of a cheaper house with a higher interest rate....Biggest issue for me is if you get the bullet at work then you can't move due to being unable to sell the house then your job opportunities are very limited. Keeping in employment should be a high priority.Running Manhttps://www.blogger.com/profile/00481107803384349382noreply@blogger.comtag:blogger.com,1999:blog-22726546.post-45839238463038122712010-10-29T17:24:10.078+01:002010-10-29T17:24:10.078+01:00Spoke to my solicitor today, who says that normall...Spoke to my solicitor today, who says that normally you only realise, looking back, that prices have been sliding for the past few months. However, he says in the last 3 weeks he's watched his local market start to fall quite significantly - and this in one of those upmarket places which is "different". <br /><br />His account goes thus: Mr has realised that he is likely/certain to be made redundant next April. Mrs will probably hold on to her job. Their plan is, downsize substantially now, whilst he still has a job to list on the mortgage application form, and then hope that they can keep the payments up even when he no longer has any significant income. But that means selling their existing home ASAP for AMAP - but the time factor is even more important than the price. They can't wait until he has his redundancy notice. <br /><br />This is the North East, and I suspect that house prices will only not fall substantially if the market seizes up altogether. <br /><br />London/SE will be different. I gather that England is now two separate countries - London+ and the rest. Different economies, different attitudes, different housing markets.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22726546.post-27906440766599745392010-10-28T23:23:05.980+01:002010-10-28T23:23:05.980+01:00Amen brother!Amen brother!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22726546.post-77971433302404732652010-10-28T14:28:11.135+01:002010-10-28T14:28:11.135+01:00Looks like the market is dipping...Im about to mov...Looks like the market is dipping...Im about to move up the property ladder. Big £300k mortgage! Perhaps I should wait a while.....Anonymousnoreply@blogger.com