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…)
Posts Tagged ‘property values’
Fall in auction prices compared to property market value
Friday, September 25th, 2009
House prices increase between April and August
Thursday, September 24th, 2009According 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…)
More and more people facing negative equity
Thursday, April 9th, 2009Following 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…)
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