It is harder then ever to get a quick house sale in today’s housing market. All recent news reports point to a major property slump, making quick house sales a thing of the past. Research and analysis into the housing market points to a property market that is facing a slump. The Council of Mortgage Lenders have said that gross mortgage lending is now almost static and that the property market is slowing down as a result of 5 per cent rises between mid-2006 and mid-2007.

It is also expected that buy-to-let investors will also start to have an impact on the housing market when they start bailing out as the interest rate rises hit all mortgages because of the banking crisis. Many mortgage experts and analysts are predicting a property cash

Popularity: 18% [?]

Related Content

Subscribe to the post comments feeds or Leave a trackback