House Prices To Fall
Published / Last Updated on 13/02/2011
House Prices To Fall.
According to the Centre for Economics and Business Research (CEBR), consumers who are still worried over the government’s spending cuts, will continue to be wary about moving house and this could cause Britain’s housing market to grind to a halt in 2011.
Due to low mortgage rates and weakening house price growth, this decline could be great news for first-time buyers if they can find the large deposits now required by most lenders.
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