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UK house prices still falling

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UK house prices still falling

Postby Kay » Mon 27 Dec 2010 09:09 GMT

There's an interesting article about it here.

Bad news for those who are trying to sell up, I guess. Maybe good news for those moving back.

Does it affect you?
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Postby ruggie » Mon 24 Jan 2011 19:19 GMT

This report comes from a London-based firm. If the report is biased towards the London property market, that's pretty serious - but not entirely unexpected given the shortage of mortgage funds and the return to more realistic assessments of people's ability to repay. It will only be good news for those with the capital and the marginal income sufficient to obtain a mortgage.
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Postby chris green » Mon 24 Jan 2011 21:47 GMT

But if you can take a longer view there is, and will continue to be, a shortage of property in the UK. c.
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Postby ruggie » Wed 26 Jan 2011 22:35 GMT

I reckon there always will be. That's why property ownership is an important part of personal wealth in a crowded island...
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