Monday, Aug 30, 2010
Top-end UK house prices falling fastest
ArabianMoney: Top-end UK house prices start to crash
Far from being immune to recession it is the top-end UK houses that are suffering most as the second wave of the UK house price downturn begins.Estate agents report that high street banks are cutting valuations on one-million-pound-plus properties by up to 25 per cent. This is known in the real estate trade as the curse of downward valuations.
Posted by peter cooper @ 07:58 AM (188 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.