UK Landlord Forum / Life

Just wondering if anyone is planning to buy at the moment?

Im still in the process of buying but its a bugger trying to get mortgages at reasonable rates with deposits having risen from 15% to 25 to 30%. Untill the banks get it sorted it looks fairly bleak.

Jools

Hello buddy boy,
Well i was thinking about it for the new year,  there are some real gems around at the moment. And it gives a little more time for all things house to happen over the silly season.

On the other hand i dont think reno jobs are a good idea at the moment ! but could be a good prospect once VAT comes down etc

I think the biggest problem are mortgages!

There are loads of bargains about, but mortgages still aren't looking anymore attractive after the 1.5% cut! It's a joke!

I was thinking of buying after the new year also, but unless mortgage rates get better, I won't be buying anything.

Come on fag have faith,  Just ask for money for xmas, i am sure your rich family will help you with a large depo

Credit Crunch, son! There is no money circulating!

what about the overseas markets? Countries like Poland still offer good mortgages to overseas buyers coupled with lower entry costs, longer guarantees, higher growth etc etc.