Is it still a good idea to buy my first property in London?

property crash

I’m currently saving up 50 000 pounds deposit for my first property that I want to buy in October this year…

but I’m just wondering if it’s still a good idea to buy in London right now…or will there really be a market crash this year?

My other chose is to buy a property back home in South Africa. With 50 000 pounds in SA, I could buy a 3 bedroom apartment in cash…

What do you think?

Sell and Rent Back

Why the property market crash bad?

property crash

I understand negative equity but im not yet a homeowner so this doesnt effect me as such.

I was just wondering what the other negatives were of the housing slump and also the positive and the key question…When to buy and what I should be cautious of?

Thank you

Sell and Rent Back

What is a good solid tangible investment (art,coins) for a layman?

property crash

I am looking for an alternative investment to the stockmarket. Something that would be tangible during a total market crash if one where to ever happen. I thought about land but you have to pay property tax. I tought about gold coins Well art is like stocks and you have to know about it or you could make some bad descisions.

Sell House Quick

trapped by the property market crash?

property crash

Hi there. I bought a flat in London at possibly the worst time (March 2007); just before the peak in prices when properties were getting snapped up. I panic bought a tiny one bed big enough for just one person.

The good news is I got a tracker mortgage, so my payments have almost halved with interest rates dropping.

My relationship with my boyfriend has since grown serious, and we really want to live together. I really don’t want us to go back to renting, he has available money, but I don’t and neither do I have much equity in my flat – I bought it for 160K and put down a 10% deposit, so even if I sold it at the amount I bought it for I only have 14K to put towards a deposit with my boyfriend for a 2 bed place.

Do you think we should a/ live together in my tiny one bed and save for a deposit on a larger place (the cheapest option but least comfortable in space terms) or b/ rent a larger one bed and rent out my flat (more expensive option but more comfortable)

Real Estate Professionals

property crash

is there a problem in buying now
or can we expect a property market crash in coming months

Sell and Rent Back

Interest Rates/Market Crash?

property crash

I’m looking to possibly buy my first property later on this year but have heard conflicting rumours about interest rates rising and a possible market crash in the near future…. does anyone have any opinions as to the future state of the housing market??

Rent Back Fast
property crash

Hi Im an Australian property investor,

I have some property and would like to sell it. Although with whats happening around the world at the moment in the property market, Im not so sure when would be the best time to sell it?

If I decide to sell my property and the iminent property market crash occurs during the period I am selling it, I may end up selling the property for not much more than I bought it for or maybe the same amount, or even less.

Does anyone have an estimate on the expected time frame for the crash? Or can someone predict what will occur with the property market over the next two years? Id like a month to month prediction if possible.

Sell House Quick

Is property market heading for a crash ?

property crash

I’ve noticed that more houses are on sale in the market and the house prices are going down as well because the houses are not selling as quick as they used to be.
Do you thiink we are heading for house market crash ?

Cash Property Sale

Repossession

property crash

I’m looking to buy a property small house/flat, but I keep reading in the news that there is about to be a severe slump in property prices next year. Should I buy now, or wait for the market to crash next year ? will there even be a crash ?

Sell House Quick

property market crash?

property crash

lots of gossip but no real evidence. has anyone got any real evidence of a property market crash in spain?

Sell House Quick