It has been reported recently that the prices at which properties are going at auction now are around 30 percent lower than the market value of the property, which industry officials have said is a gap that has trebled over the past few months. (more…)
Tags: property values, house auctionsAccording to figures that were recently released by the mortgage lender Halifax there was a significant increase in property prices in the UK between April of this year and August, with the average property price said to have increased by around £6000. (more…)
Tags: house prices, property valuesFollowing further house prices falls for the month of February, as reported by a number of major lenders and the Land Registry, it has been reported that a rising number of homeowners are now facing the daunting prospect of negative equity. (more…)
Tags: property values, negative equity