"The Easy Way to Get Your Best UK Mortgage" |
|
| Helping
over 300,000 people a year find the right mortgage NINE YEARS ONLINE |
|
|
|
|
||||||
|
|
House Price Forecasts and Predictions in the UK at 28 Mar 2008
| UK House Prices Situation: Falling confidence is affecting sale prices UK House Prices Forecast: Real-term falls over 2008 Expert Says 10% Fall in House Prices Required Rather than trying to avoid a fall in house prices, buyers and sellers should welcome it, according to Miles Shipside, a director of property website Rightmove. Interviewed at the recent Wriglesworth Consultancy Great Housing Market Debate, Shipside said recently that "There is a large gap between sellers' expectation and buyers' ability to pay". Shipside went on to say that "the market needs to openly accept a ten per cent reduction in house prices to achieve an orderly correction to affordability". Shipside wasn't alone in this sentiment, either. Of 150 people interviewed, a staggering 149 said that they believed that house prices would fall over the coming year. Leading Bank Economist Forecasts 20% Fall Through 2008/9 Professor David Miles is a senior economist at investment bank Morgan Stanley. Despite having a reputation for doom-and-gloom forecasts when it comes to the property market, he believes he is right to expect falls of up to 20% in average house prices over the next two years. Miles has based his forecasts on market analysis and derivatives prices and says that this forecast need not necessarily be a cause of concern, as there will be "as many winners as losers". Miles believes that an improvement in affordability will open up the market to first-time buyers and others who have been excluded by high housing prices - although his reference to losers is an acknowledgment that some will suffer problems as a result of falling prices. Read our take on the Credit Crisis the effect on UK House Prices and Mortgages. A Special Report . |
Latest House Prices Forecasts and Predictions in the UK
House Prices Forecasts and Predictions to 10/10/2006
House Prices Forecasts and Predictions to 27/10/2006
House Prices Forecasts and Predictions to 3/11/2006
House Prices Forecasts and Predictions to 7/11/2006
House Prices Forecasts and Predictions to 22/11/2006
House Prices Forecasts and Predictions to 27/11/2006
House Prices Forecasts and Predictions to 3/12/2006
House Prices Forecasts and Predictions to 10/12/2006
House Prices Forecasts and Predictions to 17/12/2006
House Prices Forecasts and Predictions to 22/12/2006
House Prices Forecasts and Predictions to 29/12/2006
House Prices Forecasts and Predictions to 5/1/07
House Prices Forecasts and Predictions to 12/1/07
House Prices Forecasts and Predictions to 19/1/07
House Prices Forecasts and Predictions to 26/1/07
House Prices Forecasts and Predictions to 2/2/07
House Prices Forecasts and Predictions to 9/2/07
House Prices Forecasts and Predictions to 16/2/07
House Prices Forecasts and Predictions to 23/2/07
House Prices Forecasts and Predictions to 2/3/07
House Prices Forecasts and Predictions to 9/3/07
House Prices Forecasts and Predictions to 16/3/07
House Prices Forecasts and Predictions to 23/3/07
House Prices Forecasts and Predictions to 30/3/07
House Prices Forecasts and Predictions to 6/4/07
House Prices Forecasts and Predictions to 13/4/07
House Prices Forecasts and Predictions to 20/4/07
House Prices Forecasts and Predictions to 27/4/07
House Prices Forecasts and Predictions to 4/5/07
House Prices Forecasts and Predictions to 11/5/07
House Prices Forecasts and Predictions to 18/5/07
House Prices Forecasts and Predictions to 25/5/07
House Prices Forecasts and Predictions to 8/6/07
House Prices Forecasts and Predictions to 15/6/07
House Prices Forecasts and Predictions to 22/6/07
House Prices Forecasts and Predictions to 6/7/07
House Prices Forecasts and Predictions to 13/7/07
House Prices Forecasts and Predictions to 20/7/07
House Prices Forecasts and Predictions to 27/7/07
House Prices Forecasts and Predictions to 3/8/07
House Prices Forecasts and Predictions to 10/8/07
House Prices Forecasts and Predictions to 17/8/07
House Prices Forecasts and Predictions to 24/8/07
House Prices Forecasts and Predictions to 31/8/07
House Prices Forecasts and Predictions to 7/9/07
House Prices Forecasts and Predictions to 14/9/07
House Prices Forecasts and Predictions to 21/9/07
House Prices Forecasts and Predictions to 28/9/07
House Prices Forecasts and Predictions to 5/10/07
House Prices Forecasts and Predictions to 12/10/07
House Prices Forecasts and Predictions to 19/10/07
House Prices Forecasts and Predictions to 26/10/07
House Prices Forecasts and Predictions to 2/11/07
House Prices Forecasts and Predictions to 9/11/07
House Prices Forecasts and Predictions to 16/11/07
House Prices Forecasts and Predictions to 30/11/07
House Prices Forecasts and Predictions to 7/12/07
House Prices Forecasts and Predictions to 14/12/07
House Prices Forecasts and Predictions to 21/12/07
House Prices Forecasts and Predictions to 28/12/07
House Prices Forecasts and Predictions to 11/1/08
House Prices Forecasts and Predictions to 18/1/08
House Prices Forecasts and Predictions to 25/1/08
House Prices Forecasts and Predictions to 1/2/08
House Prices Forecasts and Predictions to 8/2/08
House Prices Forecasts and Predictions to 15/2/08
House Prices Forecasts and Predictions to 22/2/08
House Prices Forecasts and Predictions to 29/2/08
House Prices Forecasts and Predictions to 7/3/08
House Prices Forecasts and Predictions to 14/3/08
House Prices Forecasts and Predictions to 21/3/08
Quick Outline of the Home Buying process
What you're
up against
How to Find your
Property
Valuations and Surveys
About Conveyancing / The Legal Stuff
UK Mortgages - Basics
How
to Choose your Mortgage
Types of Mortgage
Remortgages
Where to Find Your Mortgage
Getting a Mortgage in Principle
Check today's Best Buy Mortgages
Please note, this information is NOT necessarily RELEVANT in Scotland
Browse over 200 Free Mortgage TipsYour Complete Guide to UK Mortgages Find Out How to Win the Race to Buy Your Home - Home Buyers Guide Learn How to Save ££s by Remortgaging Read the Insider Info on Home Insurance Site Help |
 |  |  |  |
|
©Moneysorter Ltd. Office registered in England, Company Number: 3891081, VAT reg no 769 7245 74 Data Protection Register number Z4835056 Consumer Credit Licence 509896. This website is Approved by Cradon Investments Ltd Authorised and Regulated by the Financial Services Authority FSA No: 300505 |