UK PROPERTY MARKET BUST OR STALLED???

[colin.land]

I've also seen friends go bust!

[Sanjay]

Agree with "Property Developer" - we have just completed around 5 deals (purchases) in the last few weeks. This is on the back of "would be" landlords getting in on the market on the notion that they will become millionaires overnight and are thus mativated by greed rather than operating a model which makes the decisions (take out the emotion), finding that they have got it wrong and bailing out at what are "forced sale" prices. I have been in the industry for 20 years and can not see a stronger buying opertunity. Has not been like this since the early 1990s - "Fill yer boots"!!

[Fizzypopp]

Despite what the media states the market is pivotal. If the UK or anywhere in Europe thinks it will get away with no affect it is probably wrong. The credit crisis - which is now self - fullfilling is getting worse. Many in the North American sphere predicted it would over 2008 and into 2009. The UK and Gordan Brown' army of supporters still think he can pull it out of the hat. The only option he has is to pull more debt out of the bag and push the UK into a more difficult position later on. Without 125% mortgages and with a lowering profit margin due to increased costs there is only one option that makes sense. A complete slowdown. History says this is impossible. A crash is more likely. Why. Not just because of the basics that there is not enough money to be had without borrowing it - but also we now see -- right up to the corporates and realisation that something is going to give. The UK government on one had say it will be OK -- not to worry, while they are pulling the plug on projects left and right because even they cannot raise the capital to proceed. That is due to the lack of confidence in the markets to proceed and stabilse.

If it is best to buy in the middle of this coming crash it is not yet there. It took years to fully entrench in all previous crashes - why does the media think that it will happen in a couple of months and then turnaround.

It just escapes me at the moment.

[Lsab]

***rather than operating a model which makes the decisions (take out the emotion)***

Hi Sanjay - new to all this. What do you mean by the above?

[Sanjay]

Hi Isab,
Property investment is a business and needs to be treated as one. I use a model (which I created and is based on my criteria for returns etc.) - plug in the numbers and the model will tell me whether the project should proceed or not.

Hope that this makes sense

[Lsab]

It does Sanjay, thank you.

As an investor I'm rubbing my hands together with this crash. BUY BUY BUY!! i got some great deals from a company called Fourth Development - Exclusive Discounted Property Specialists.

[Sanjay]

Don't say I told you so!! - Go for it mate

[fredricked]

when it comes all about the need for buy and sell your home & property in UK, then UK property market is all set to deliver you high standards. but this year this is sure that the market has taken a long dive and everyone just keeps assuming about the next day...

[luv2xlr8]

Well im quiet new at this and analyzng most of the info, quiet good knowledge though and diverse opinions.

Im actually selling a property and to be rational the delay isnt because of a market crash its probably because of all the the houses being sold in that area? Its quiet obvious profit has reached its peak and everyone wants to sell but who wants to buy if theres the assumption of the market taking a dive? does this make any sense ?

Im for "Stalled".