General (main property discussion here) - house prices - your views?

what does everyone think the return from property this year will be?

my guess 3-5% capital growth.

tom

Sounds about right Tom - my guess is 2.5% capital growth, with 6.5% income on top. Total return of 9%.

The Daddy

who are you Daddy?

0-2% cap growth

did anyone see itv news on tuesday night (i think)

it forecast that rates were comeing down a .25% and that prices would be on their way back up!

totally out the blue - seeing as though every tom dick and harry is predicting they're on the way up and prices to fall

Chris make a good point.

Interest rates are likely to have an affect on the situation. It all seems up in the air at the moment, up, down, hold, down.....

My guess is that it will stay at 4.75% for a while longer.

Regarding prices, I am going for 2% capital growth on 6% income.

Julian

3% - 4% is my guess.

I personally think that there will be quite a few first time "investors" chucking money onto the SIPPs bandwaggon, keeping the market afloat. SIPPs isn't a bad thing it's just not all that flexible and is being heavily marketed at the moment. Fear will lead people to look elsewhere from their high street pension plan.

The market has definately slowed that's for sure. Prices seem to be holding at the moment if anything a little down.

6% average on income seems about right. Although in my area 5% - 6% seems about the normal market rate. Which obvioulsy only just covers the mortgage (or not) for most people !

FM

fm,

agreed on the sipps point though i think interest rates will be the real key.

tom