As most people are only too aware the value of property has been falling month on month for the past year, and property prices have plummeted since they hit their peak last October. Many homeowners have seen thousands of pounds wiped off the value of their homes in the space of just one year, and [...]

Over recent months the level of property sales in the UK has plummeted, and estate agents have reported that on average they have been selling less than one property a week. Industry officials have now reported that the low level of property sales has been driving down the value of homes, and one major lender [...]

According to a recent report homeowners that are looking to sell their properties are being forced to slash their asking prices in order to secure any hope of selling their property in the current financial climate. Fears over negative equity due to falling property prices, coupled with difficulties in obtaining affordable mortgages, has left many [...]

A recent report has suggested that the house price falls that are currently being experienced in the UK are actually worse than those seen in the 1990s. In fact, the data suggests that in the past twelve months the average UK home has lost more in value than the whole of the period in the [...]

According to a recent report house prices have fallen again in September, with officials from the Halifax claiming that prices have dropped by around 1.3% for the month. The Halifax has stated that the September fall means that the annual price drop now registers at 12.4%, and the average house price has now fallen to [...]

A recent report has suggested that it could take seven years or longer for a recovery in house prices to be seen in the UK. Researchers have said that it could take until around 2016 for house prices to reach the same level as they did last year when they peaked before starting to plummet. [...]

According to recent reports properties in rural areas are now feeling the effects of the housing slump and the global credit crunch, with the value of homes in rural areas having fallen by 7.9 percent in the space of a year. This includes cottages and country mansions, and with fewer people now able to afford [...]

According to recent reports house prices in the UK have continued their downward spiral for the month of June, with a number of leading mortgage lenders and banks publishing figures that make for gloomy reading. One of the latest lenders to release house prices figures for June was the Halifax, which confirmed that house prices [...]

A recent report has suggested that house prices in the UK could fall by around one third by 2010, which would mean that within a couple of years many homeowners could see thousands of pounds wiped off the value of their homes. Officials from Deloitte recently released the report indicating that house prices could nosedive [...]

According to a recent report around 1.7 million people are facing the threat of negative equity if house prices continue falling at the same rate as they have been for the past few months. Officials from Standard and Poor have predicted that over the next year house prices could fall by a further 17%, and [...]