Asking prices fall

Asking prices on the property portal Rightmove fell by 3% on average this month or £7000 per property.

Rightmove is also predicting that prices could continue to fall by as much as 10%  as low availability of mortgage finance and a depressed housing market dampens buyers enthusiasm for property purchase.

On a brighter note these all makes it a little bit easier for those purchasers such as landlords that can access buy-to-let finance or have cash to 'bag a bargain' and perhaps secure an early Xmas present!

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