true, true...but the real deciding factor will be what landlords do

I'm really involved with mortgages for my job you see, so 'scuse the geekness to follow...

First time buyers now equate for less than 10% of the market. The average house price is over £200,000. People can't get on the ladder without a significant deposit.

The crux of the matter will lay with landlords. If they all start selling up en-masse to get a profit while they still can, they will. That's all due to the mortgages they take which are interest-only, rather than capital repayment.

Trouble is house prices are already stalling....just hope they stay level rather than crash!

Posted By: Stoopish, Aug 2, 13:16:56