Wednesday, July 2, 2008

Housing crisis has knock on effect in North Wales

Housing crisis has knock on effect in North Wales

BLEAK new statistics show Welsh house prices have fallen 7.6% in the last 12 months according to leading mortgage lender Nationwide – with homes in Wrexham falling 5.4% over the year. The future outlook is even more concerning with mortgage approvals down 64% nationally on last year, figures reflected by a North Wales mortgage broker who said they were processing half the number of mortgages as in June 2007.

Posted by housebear @ 10:32 AM (505 views)
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4 thoughts on “Housing crisis has knock on effect in North Wales

  • mark wadsworth says:

    Where’s Greenbay?

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  • Busy snapping up “Bargains”?

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  • Greenbay? It sounds like a slang term for a development of barely habitable MDF boxes with a view of Cardiff docks.

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  • it_is_going_with_a_bang says:

    Bleak for who?

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