Friday, 31 August 2012

Expect UK house prices to fall as banks pull back from the property market - MoneyWeek

The Prospects for the UK Housing Market Don't Look Promising!

The most important drivers of the UK property market is borrowers’ access to credit.  Until the resent credit crunch, almost everyone had forgotten about this and thought is was just aspirational and want that drove it.

So with this in mind how is the UK property market going to perform in the next few years.  statistics - Banks are pulling back from property - expect prices to fall. 

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