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Not seriously at all. At the peak we were ‘up’ 50% on what we paid, more like 40-45% now. I’ve no intention of selling soon so all I care about is LTV and house prices have to fall by much more than 15-20% for me to worry about that.
Ramsaye-
If you have no intention of selling soon then you’re not really relevant to the question though, as long as you can make your payment.
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I'm a bit worried about it as someone two years into property ownership. Have just sorted a 3 year fixed, so hoping that things will be more predictable along the line. I envisage (hope that careers and lives may have progressed enough to enable) moving within that final year.
Edit having read all the way down: I also live in a flood risk area sporting more St George's flags than is tasteful, and which is already pretty Mad Max.
Dammit
jackbepablo
How seriously are we all taking the 15-20% drop in house prices that is projected as part of our Brexit dividend?