New Posts For Thread: Huge rise in house repossessions in Junehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-juneA friend who is an South London estate agent told me that June was a bad month, most of the properties they they took on were either repossessions or forced sales.This scenario is completely different from March, April, May - the tipping point looksedinburgh--top end ---nice house/flats sell quickly--fair pricelower end---taking weeks/monthshttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=459276977#459276977edinburgh--top end ---nice house/flats sell quickly--fair pricelower end---taking weeks/monthsWed, 28 Jul 2010 05:23:27 -0500Thanks Chisel.The reason i feel in such a difficult position is that house prices in northern ireland are very different to those in other regions.According to the latest figures by the nationwide building society northern ireland was the only regionhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=459189781#459189781Thanks Chisel.The reason i feel in such a difficult position is that house prices in northern ireland are very different to those in other regions.According to the latest figures by the nationwide building society northern ireland was the only regionTue, 27 Jul 2010 14:20:33 -0500PaddletoeIt is a difficult decision to make, and all you can do is try and find a distressed seller and get a real bargain. If you can buy below market value even if prices fall you will still not lose out..All I can say to you is that your decisionhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=459113773#459113773PaddletoeIt is a difficult decision to make, and all you can do is try and find a distressed seller and get a real bargain. If you can buy below market value even if prices fall you will still not lose out..All I can say to you is that your decisionTue, 27 Jul 2010 03:44:41 -0500I am renting at the moment but have the cash to buy without a mortgage.Looking at just the next year i could buy the house i am renting for approx 100,000 k and affectively get a net yield of 5%. In other words my yield would be the money i would savhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=459077585#459077585I am renting at the moment but have the cash to buy without a mortgage.Looking at just the next year i could buy the house i am renting for approx 100,000 k and affectively get a net yield of 5%. In other words my yield would be the money i would savMon, 26 Jul 2010 20:14:49 -0500I am in the north of ireland, Chisel. And yes, Creditor it was well over priced to begin with, in my eyes, at least. But in the two years prior to 2007 prices here went through the roof. I think the northern ireland region had the biggest % increasehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=459076261#459076261I am in the north of ireland, Chisel. And yes, Creditor it was well over priced to begin with, in my eyes, at least. But in the two years prior to 2007 prices here went through the roof. I think the northern ireland region had the biggest % increaseMon, 26 Jul 2010 20:02:00 -0500paddle sounds overpriced in the first place.https://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=459062213#459062213paddle sounds overpriced in the first place.Mon, 26 Jul 2010 18:00:55 -0500PaddletoeSounds horrendous!! Where abouts a you living?https://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=458955309#458955309PaddletoeSounds horrendous!! Where abouts a you living?Mon, 26 Jul 2010 03:25:51 -0500saw the on-plan spanish resortssuicide jobhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=458856361#458856361saw the on-plan spanish resortssuicide jobSun, 25 Jul 2010 11:10:00 -0500sounds like a good time to buy.....https://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=458710057#458710057sounds like a good time to buy.....Sat, 24 Jul 2010 09:45:15 -0500During a recent talk with a local estate agent i was told that property prices are rebounding up. Which may be true in certain areas but not where i live. I have seen 90% plus of the houses on local estate agents websites still on the market over 2 yhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25276953/huge-rise-in-house-repossessions-in-june?post_id=458592141#458592141During a recent talk with a local estate agent i was told that property prices are rebounding up. Which may be true in certain areas but not where i live. I have seen 90% plus of the houses on local estate agents websites still on the market over 2 yFri, 23 Jul 2010 13:06:44 -0500