10 percent drop in 2009, with even more depreciation likely in 2010. By contrast, the National Association of Realtors (NAR) expects housing prices to remain flat in 2008. NAR did cut its home price estimate for the current quarter, however, to a 5.3 percent year-over-year decline, which represents the steepest drop in that price measure on record. But NAR sees an uptick in home prices in the last two quarters of 2008. “Merrill Lynch’s figures are way too pessimistic, and they are …

How old must a person be in the UK before they can leaglly buy a house?
We do not need to get a mortgage either.

I just want to rent my house for approx 1-2 years do I need to change mortgage to a buy to let, they are alot more expensive and i'm not sure it would be worth the hassle

Interview with John Stepek of MoneyWeek magazine, on the rise in repossessions during 2007, as well as the effects of sell-to-rent-back (BBC News 24, 08/02/08) www.moneyweek.com … uk money mortgage repossession property “john stepek” moneyweek

I have financial problems and my mortgage is too high!  Does anyone have any sell and rent back solutions or any suggestions of property companies you have used for a quick sale in the past.  I know many of these companies often offer below the market valuation, but I have been told that they offer a fair price for the property based on a turbulent market.

I am a single person live in a 3 bed room house. It is very difficult to maintain mortgage and utilities for credit crunch. So am i legally allowed to rent my full house and stay somewhere else in uk.
Thank you

Me and my husband have a dilema.We currently live in the UK, but in about 3 years we'd like to go to South Africa…Now we don't know,if we should rent a house and try to save money and from money saved to pay a deposit on a house in SA (with savings of £300p/m each we should have £10.800 at the end of 3yrs) or if we should buy a property here, pay mortgage and in 3 years sell it.

Would we make a profit?The property we would want would be in Birmingham for about £120.000, monthly repayments around £800 + bills…
Property we would rent would be in the region of £550 per month.

What would be a better option? What would get us off the ground?

I appreciate your time reading it and your help!

I rent through an agency who take 20% every few months as tax. As the rent soesn’t covber the mortgage am I entitled to claim any of this back?