Monday, April 23, 2007

Crash On The Horizon

House prices could dip by 20 per cent, FSA warns

The regulator is warning house prices could dip by 20 per cent and is warning lenders to factor this into their business plans. Financial Services Authority retail markets managing director Clive Briault told the CML annual lunch today that he does not want to be a merchant of doom but worries about the future of the market.

Posted by commercial mortgage man @ 09:40 AM (534 views)
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