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How a house price slump could affect you

11-02-08, UpMyStreet ©


Whether you are a renter, first-time buyer or homeowner, you are likely to feel the impact of a house price slump. Select the link that best describes your status to read our insights.


A renter


A first-time buyer


A homeowner


Thinking of selling


A buy-to-let landlord


Downsizing


Relocating

 

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Donna (Kingston upon Hull, City of), on 24/09/2008 at 20:07


there are some bargains out there but the problem is getting the price you want for your own property.we want to up-size and its hard to give up a house youve put everything into to get near enough back what you paid for it five years ago ?

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Sylvia (South Lakeland), on 23/08/2008 at 14:28


want to sell my retirement flat in windermere-what's the possibilities?

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Chris (Staffordshire Moorlands), on 05/08/2008 at 16:27

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Niel (Kingston upon Hull, City of), on 10/07/2008 at 22:53


Unfortunatley, this trend will continue until at least 2010, the amount of neg equity will be a very large gap, with many people opting to get out of the property market rather than paying for a house that is worth less than they paid for it. buthang on to it if you can it will pick up, if you can weather the storm until 2012-14 sell and make a profit, best best is to sell and leave britain, it will become very expensive to stay in the next decade.

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Christine (Solihull), on 09/07/2008 at 00:51

sharon wrote:
given the present trends in the house market, it would be great to see this reflected in the house price trends graph you have.

Dont really think things will get any better but perhaps this is not what you want to hear?

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sharon (Lewisham), on 09/05/2008 at 14:26


given the present trends in the house market, it would be great to see this reflected in the house price trends graph you have.

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