Thursday, Jun 26, 2008

Cluttons (EA) predicting forced sales will begin making an appearance on the London market in the coming months as home owners come off fixed rates

mortgagestrategy: Forced sales to come on the market, says Cluttons

Cluttons is predicting that forced sales will begin making an appearance on the London market in the coming months as home owners come off fixed rates. The London-based estate agency says that the lack of City bonuses will also contribute to the trend as home owners realise they have overstretched their finances to buy property. Cluttons says sales of second homes are also set to increase at reduced prices, as owners sell before the market slips further.

Posted by jack c @ 10:32 AM (212 views) Add Comment

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