CompareMortgageRates.co.uk

  Compare over 10,000 mortgages and apply online

Your home may be repossessed if you do not keep up repayments on your mortgage.

WARNING: Buy to Let mortgages are typically not regulated by the FSA.

site by janric.co.uk

House Prices Could Drop

House Prices Could Drop

House Prices Could Drop

A report by the credit reference agency Experian indicates that house prices could drop for up to half the country over the next 18 months.

Nervous banks are unwilling to lend as much to customers as they used to and are offering mortgages to less people. Also, buyers are holding off on purchases in case there is a downward shift in prices.

Together, these factors are reducing the number of sales and could bring a downturn in couse prices of up to 4% in certain areas.