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Housebuyer under the hammer: House prices fall but mortgage rates still climbing | Liam Halligan

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‘Even if house prices are down a little bit, your mortgage payment that you’d need to buy houses may be higher as the cost of the interest is higher.’

Liam Halligan explains that despite house prices dropping, mortgages may cost more in cash terms anyway.

#Latestnews #gbnews #mortgages #houseprices #housingcrisis

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18 Comments

18 Comments

  1. @user-ew4hh6ic3j

    January 9, 2024 at 12:39 pm

    It was allways going to end in tears.

  2. @jabbadabbajew6035

    January 9, 2024 at 12:39 pm

    Looking forward to the collapse. Keep them interest rates rising up and up 👍

  3. @wendyg8536

    January 9, 2024 at 12:39 pm

    Looks obviously like the Banks are gangsters and scammers.. not to forget that there will be many elderly people, who have taken out Reverse Mortgages.. who will be losing their homes quicker now than expected in theri reminaing age, possibly even becoming elderly homeless, leaving even less for families to inherit.
    It stinks. It is corrupt. Disgusting.

  4. @ShaneJackson

    January 9, 2024 at 12:39 pm

    Amazing news channel

  5. @stephfoxwell4620

    January 9, 2024 at 12:39 pm

    Great.
    If you earn 67 times average pay you can get ten houses.

  6. @johnbrereton5229

    January 9, 2024 at 12:39 pm

    The real problem is the rise of FIVE MILLION immigrants in less than a decade. Did we built 5 million plus new homes to house them? No of course not ! And still they come, escorted across our 'borders' to steal our £6million handouts every day and stealing our childrens future . 😡

  7. @Horizon344

    January 9, 2024 at 12:39 pm

    Once again Halligan blames the situation on "not building houses", making no mention whatsoever of the effect property prices from deluge of foreign migration into a small island.

  8. @PaulStratford-vn8ed

    January 9, 2024 at 12:39 pm

    our borders have gone its a free for all for the rest of the world ….sick to my stomach that I've been paying tax for over 40 years …

  9. @dizzl8763

    January 9, 2024 at 12:39 pm

    Dont want to get on the market ive worked all my life and im homeless.. saved up 15 k for a mortgage and i cant get one..

  10. @stumac869

    January 9, 2024 at 12:39 pm

    It'll be a painful transition but it needs to happen. Zero interest rates are not sustainable long term and they've distorted asset prices incluting homes following their introduction post 2008 making houses unaffordable for many.

  11. @amfearliathmor9747

    January 9, 2024 at 12:39 pm

    Will the UK Government borrowing jump from last years 1/5 Trillion ££s to 1/4 Trillion ££s for this year to 1/2 Trillion ££s for next years GE and next Winter's Rockefeller Lockstep House Arrest again for everyone for the country. What will come first, a Sterling Sovereign Debt crisis in a Stagflationary economy, or a BoE Bailey In? The hunger years after the next GE will be very difficult.

  12. @DD-fc1rv

    January 9, 2024 at 12:39 pm

    Never take advice from this guy. He has yet to be right on anything he has said.

  13. @p-kt6ee

    January 9, 2024 at 12:39 pm

    Didn’t Liam say all this time he thinks we’ll avoid a recession? He’s literally just a newsreader of financial data and not even in enough detail to make a move on any knowledge.

  14. @FreaksSpeaks

    January 9, 2024 at 12:39 pm

    price crash is good for everyone in the long term. Reset things and kedp the intrest rate high enough that there is no chepa money for people to play with. Commonsense lacking.

  15. @chris-non-voter

    January 9, 2024 at 12:39 pm

    We are told that the housing shortage is nothing to do with the increasing population.

  16. @rich-rothschild1400

    January 9, 2024 at 12:39 pm

    Easy enough to resolve. If the government legislates in search of a very similar scheme that students have with a grants. On a similar basis, it can be resolved because this is going to be a time bomb. It doesn’t matter how much money you put into the system what you can do is. Extended mortgages that will extend into the next coming generations generation. It sounds harsh, but that’s exactly what the Japanese do. It seems to work in that country. I know it’s not Japan but it’s the way that the economy can be resolved. The problem is you have arrogant politicians and people in parliament can’t add to 4+ they don’t want to take their hands out their arses. Because they don’t want to be perceived to be able to resolve the issue. Do you like to push it into the long grass short-term base? Unfortunately the bank of England has the same issue. It’s just my opinion and I’m putting it out there because there are ways of managed to resolve this issue quite easily. Just needs to government someone as a figurehead to stand up and actually do something change the legislation actually implement and get things done instead of talking action is required now Families in this country are suffering, conglomerates overseas owner, awful lot of our property. I will government everybody in that government cannot take responsibility for their own actions and they are overpaid for less work which is another issue altogether. Just my opinion everybody take care of your friends, family and friends and bye for now. Take care.

  17. @Truth_Make_You_Free

    January 9, 2024 at 12:39 pm

    What if one does not earn the "average" ? Is 12 times easy. 🙄

  18. @HellRainGod

    January 9, 2024 at 12:39 pm

    Bankers inflations has put an artificial extra amount on house values,,, BANKERS DESTROYED THE HOUSE PRICES AND COUNCIL TAX ARTIFICIAL PRICE BECAUSE OF,

    WELL DONE DESTROYING LIFES YOU RIP OFF CHEATING BUNCH OF ROUGE'S IN THAT INDUSTRY…

    AND AS A RESULT NEW BUILDS GOT SMALLER, EVEN BIGGER RIP OFF…

    RIP HOUSE PRICES, THEY NOT EVEN WORTH ¼ OF WHAT PEOPLE PAY FOR

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