UK Landlord Forum / Life

I feel we are moving into the time when a lot of us will be looking to buy further property.  After discussion on here last year, it was favoured that March time this year was going to be the time to buy again, I feel our predictions where credible, and I for one will be looking over the next few months.
The issues I see are:
Are banks willing to lend and if so, what
Have house prices come down enough and do you think they are going to keep on falling
Are sellers aware that the good times have gone and they need to bring their prices down.
The future problems of buying a house when rates are low etc

Thoughts

Hiya,

There appears to be very little money available at the moment as it woul dappear that many of the banks have not received the money from the government in the bail outs! Also with deposits going up from 15% to 25 - 30% you need a whole lot of moola to buy at the moment IF you can get a mortgage.

Unless you have a squeeky clean credit file (and I mean really polished and squeeky clean) forget it. According to my IFA many of the lenders are saying that they dont want the business and the number of B2L mortgages has dropped to maybe a handful (I saw 10 deals on her screen!!).

Would love to buy BUT am going to hold my horse for a bit to see what happens over the next few months whilst our wonderful PM panics and throws a whole load more of OUR money at the stupid w****rs sorry bankers.

Jools

Seen a couple of places and was told by my chap and chapess that i will need 20% min to get anything decent at the mo.
Happy days
Still my place in Cyprus has gained, exceeding double in two years

An interesting and informative topic, it is, its really an interesting post