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The Daily PollPoll: Would you buy a house in the current climate?
What’s putting buyers off – are they worried about the economy; unable to get a mortgage, or simply holding out for a better bargain? Or have the experiences of the last few years put first-time buyers off for good?
TWO NEW REPORTS on the property market suggest that house prices may have further to fall. According to the Daft report, one third of the houses listed for sale at the start of 2010 have yet to find a buyer.
So what’s putting prospective buyers off? Do they believe they’ll get a bargain if they wait? Are they worried that interest rates will go up? Or is it simply that they can no longer get a mortgage?
Let us know: would you buy a house in the current climate? And if not, why not?
Poll Results:
No: holding out for a futher fall (372)
No: I'm sticking to renting (196)
No: happy where I am (194)
No: finances too uncertain (171)
Yes: but I can't get finance (161)
Yes: I hope to buy soon (160)
No: stuck in negative equity (160)
have your say