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  • Buy-to-Let

    Two months apart story by the Estate Agents?

    In December 2017

    "Revealed: The towns where property asking prices are being slashed - with sellers cutting by an average of £25,000"

    •  Of homes on sale, 35%  had their asking price reduced in November
    • That’s about £740 more than in July this year (an increase of just over 0.5%)
    • Towns with the most homes being discounted are in London's commuter belt
    • The town of Camberley saw the largest share of discounted homes for sale

    http://www.dailymail.co.uk/money/mortgag...ashed.html

    In March 2018

    "Lack of properties for sale results in biggest monthly surge in asking prices for more than a year"

    • Rightmove says asking prices are up £4,500 in March
    • Data looks at newly-marketed properties and highlights lack of supply
    • Nationwide study suggests second-steppers struggling to move up the ladder 

    http://www.dailymail.co.uk/money/mortgag...tmove.html

    Is the truth somewhere in-between or completely different as experienced by the Landlords?

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    Well I was pleasantly pleased when my Zoopla values jumped up the other day.

    I do know quite a few people that are buying, or trying to buy, in South London at the moment and it seems that a certain level of optimism has returned.

    With the available mortgage rates at the moment it is still hard to argue against property assuming you can buy at low ltv.

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    The zoopla values are about £100000 over the real value.

    Ignore them and the Halifax index

    They are well out.

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    It's the Daily Mail.  It's designed to incite people.  Ignore!

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    Vanessa, I agree - this is aimed at generating reactions!

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    Rightmove's House Price Index for March has just be released:

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