Response to How long do you have to wait after repossession to start afresh?

I totally agree with you Lee. The way the housing market is looking very similar at the moment to how it was when we bought our property back in 1989. What goes up must come down.......I will not be rushing to buying any property until they reach more realistic prices (and the Halifax have confirmed in writing that this situation is definitely over"!). I can see a foresee a new batch of negative equity misery and repo's in the not too distant future. House prices in London are totally out of control! 2 beds are approx £110 - £150,000 and even silly little 1 bed flats are averaging £95 - 110,000, buyer BEWARE.

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