Persimmon Share Discussion Threads

[sikhthetech] 04/9/2024 12:25

There you go, as expected.


HBs continue to suffer, affordability.

Cash declining.

The company said the past year had proved tough for the housebuilding industry and potential buyers, as cost of living pressures, much higher mortgage rates and weak consumer confidence weighed on the housing market.

Bdev profits down 75%

[beckers2008] 03/9/2024 10:26

K,

Watch and learn troll, you have lost the argument as I told you over a year ago.

Now when is the UK house price crash going to happen, lol, just lol!

[kreature] 03/9/2024 10:03

I suspect Becky is on the BOE monetary policy committee. How else could she have such backsight ?

[uu4] 03/9/2024 07:34

Democracy says undeserved thug bonuses have to be returned to tax payer that rescued property assets. No bonuses are deserved in this scenario

[beckers2008] 02/9/2024 11:10

Remember my statement...

BoE base rate at 6%
Absolutely no chance.

Q3 2024 interest rate reduction?
Absolutely every chance.
I was correct yet again!

I expect the UK’s next rate cut to come in Q4 2024 followed by four quarterly cuts in 2025 and one cut in 2026 – resulting in a 3.5 per cent base rate by the middle of 2026.

Watch and learn trolls, you have lost the argument as I told you over a year ago.

Now when is the UK house price crash going to happen, lol, just lol!

[beckers2008] 02/9/2024 09:18

Beckers2008 - 21 Aug 2024 - 13:06:10 - 5677 of 5688
Generation Z landlords on the rise as property investment gains popularity

by Property118.com News Team

More than 3,000 buy-to-let landlords in the UK are now under the age of 21, according to a new study.

Research by UHY Hacker Young Accountants reveals Gen Z landlords are now collectively earning more than a whopping £66 million in rental income. END.

I've been telling the trolls for years that the UK property market has changed.

Watch and learn trolls.

[kreature] 31/8/2024 06:44

Oh……
Vistry half year results 5th Sept
Redrow results 11th Sept

[beckers2008] 30/8/2024 15:37

From the FT.

The UK recorded the fastest annual house price growth in August since late 2022, according to lender Nationwide, as cheaper mortgages continued to power a gradual recovery in the property market.

The mortgage lender’s house price index rose 2.4 per cent year on year in August, but compared with July, prices edged down 0.2 per cent and came in lower than the 0.2 per cent monthly increase forecast by economists.

The trolls lost the argument as I told them over a year ago.

Now when is this house price crash going to happen?
Lol, just lol!

[kreature] 29/8/2024 14:12

In fairness, Sikh obviously has a very clear understanding of the bigger picture which you could really learn from Becks, if only you had the ability

[beckers2008] 29/8/2024 08:09

Sikhthetech,

You are simply a fraud who is a clueless mug-punter and whom has lost it's shirt from October 2018 when it called TW. short, lol!

Tell me, when is your each and every year's house price crash going to happen for the last six years, lol, just lol!

You are not credible.

[sikhthetech] 28/8/2024 11:25

As expected, buyers market.... 20% of sellers reduced their asking prices by 5% or more in August.
If there was huge demand then prices wouldn't have to be lowered. There would be widespread gazumping.


"The supply of homes for sale currently stands at a seven-year high. Zoopla said it expected greater choice for buyers would help keep house price inflation in check over the rest of 2024 and into 2025."

The property platform warned that record levels of supply meant sellers needed to be careful when it came to pricing as homes that need a cut in asking price take more than twice as long to sell than those without a price reduction. One in five sellers lowered their asking price by 5% or more in August.

Richard Donnell, executive director at Zoopla, said: “Momentum in the sales market continues to build as mortgage rates drift lower and more and more sellers gain the confidence to list their home for sale."

"Buyers have less purchasing power than two to three years ago and remain price sensitive meaning sellers can’t afford to get ahead of themselves on where to set the right price for their home."

[beckers2008] 23/8/2024 08:41

kreature20 Aug '24 - 18:43 - 18947 of 18948

Try to behave Becky. I’m sure the doctors have sold you, no more stalking

Beckers200821 Aug '24 - 09:17 - 18948 of 18948

K,

Don't you mean 'told' lol!

You called it wrong, plain and simples, lol, just lol!

[carpingtris] 23/8/2024 01:55

It does indeed look like they rejoined Jan '24... so that article is incorrect... therefore removed post/link.

[garycook] 22/8/2024 23:00

WTF.PSN are a FTSE 100 company Mcap £5.44B, and will do well with TW, and VTY. All making recent 52 week highs !

[beckers2008] 21/8/2024 12:06

Generation Z landlords on the rise as property investment gains popularity

by Property118.com News Team

More than 3,000 buy-to-let landlords in the UK are now under the age of 21, according to a new study.

Research by UHY Hacker Young Accountants reveals Gen Z landlords are now collectively earning more than a whopping £66 million in rental income. END.

I've been telling the trolls for years that the UK property market has changed.

Watch and learn trolls.

[beckers2008] 21/8/2024 09:22

"Kreature - 10 Nov 2023 - 08:25:58 - 4893 of 5676
Well I'm shorting the lot PSN, BWY, RDW"

Lol, just lol!

[beckers2008] 20/8/2024 12:37

Kreature or should I say Joseph Sheedy, lol!

How's your short going from the 10th November on PSN, Lol!

You and the village idiot 'Sikhthetech' are not the same Joseph Sheedy, lol, just lol!

[kreature] 19/8/2024 22:33

The good news is some people HAVE to move

The bad news is no-one at all has to buy fake-freehold new-builds

[sikhthetech] 19/8/2024 17:03

As expected, buyers were waiting many months until interest rate cut.



Interest rate cut fuels immediate upturn in UK property market
Figures from Rightmove show inquiries to estate agents since 1 August up 19% compared with a year ago






sikhthetech15 Jun '23 - 21:14 - 13970 of 18930
UH,

Of course interest rates will eventually come down. However, potential homebuyers holding off for lower rates means lower sales for HBs. These potential homebuyers could hold off for months or more than a year, if prices continue to fall.

Interest rates coming down maybe good for those about to buy their 1st home but the problem is interest rates are expected to be higher for longer. Those waiting may have to wait a long time.

In the meantime, the hundreds of thousands who are coming off the fixed rate deals taken out over the past 2-5 yrs will face significantly higher mortgage payments and possibly for many years..
That's on top of credit cards, loans and higher taxes and energy bills.

Affordability is a major problem.

[cupra kid] 15/8/2024 16:22

Volume picking up the last couple of sessions. Bodes well

[beckers2008] 15/8/2024 07:19

Kreature or should I say Joseph Sheedy, lol!

How's your short going from the 10th November on PSN, Lol!

You and the village idiot 'Sikhthetech' are not the same Joseph Sheedy, lol, just lol!

[cupra kid] 13/8/2024 15:46

Decent close above 1600p. Ticking along nicely.