Any predictions on how London property prices will do through autumn/winter 2012?

[crazyhead]

Just curious on people's experiences of looking for houses at the moment.

We're looking in leafy-ish bits of north London at 700-800 (very preferably near the lower end). Stuff seems to be priced aggressively but a lot is sticking/coming back on the market, and the economy doesn't feel great, does it? We're unsure whether to be fairly circumspect and wait and see until the autumn/winter, or to try for a couple of OK things now.

We are selling our flat, and conveyancing is underway, so waiting might involve renting/in-laws for a bit...

Obviously it is about finding a home we love etc etc, but the truth is that we have to expect some compromise in our price bracket, so we just want a fairly decent deal.

WWYD?

I think, if you need to move house and you find one you like, don't worry about saving/losing a few thousand and trying to predict the housing market. It is generally a buyers' market so, if in doubt, make an offer below the asking price and see how it is received.

Thank you! We're trying that tactic today. We haven't found the ideal home yet at all - I think we would be tempted to be more bullish if we do...

I've bought three houses in my life, two on a rapidly rising market and one on a falling market. As long as you can afford the property and can build in a little wiggle-room in your budget for things like interest rate rises, emergency repairs etc., unless you're forced to sell up against your wishes, you will not lose out in the long-term.