Jan n Neil

Halo thought it was the very weak pound that was the root cause and that it would not get much different for months. In the mean time house prices could go up here....

They were predicting, over the phone to me anyway, greater than NZ$:GPB 0.5 possibly even much more.

Hence our financial exit today. Bye bye UK.

Jan

zoglet

Your not alone! Our plans to buy have been shelved indefinitely.

This makes for depressing reading too: http://news.bbc.co.uk/2/hi/business/8304028.stm
The only comfort I that in it is it's sources appear to be the same financial minds that failed to spot the arrival of the current economic collapse!

Woe is us!

danjones1

The £ will bounce back, and so will the British Empire.

Perry Groves

they just need sell of a few things, like Totes?

Genesis

Its started going the other way..its well over 2.21 now...will it last??? How exciting.

danjones1

Come on the £!

MOSO

We're in the same position as many coming to NZ or Oz. We have money to move from the UK to buy a house but don't know whether to do it now, or hang on. The differences in exchange rates if you get 2.2 or 2.5 is a lot of money, but what if house prices go up - anyone got a crystal ball?

Genesis

Depends aye? I am sure the gbp V kiwi will get back towards the $2.5 mark in the coming months. The UK IS showing signs of recovery in a number of ways. The current huge overvaluing of the kiwi will not last. And house prices here are not going to balloon.

Dewb09

2.209! WOOO HOOOO

Dewb