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Old 05-20-2008, 05:03 PM
bigfella bigfella is offline
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Join Date: May 2008
Posts: 1
At the moment it is a buyers market and not a sellers. This has the effect of reducing prices along with the state of the current mortgage market, house prices are going through a tricky patch. House prices will decrease over the next 12 months in most areas but it will depend on were in the UK you ae buying, My personal view is that interest rates will come down to about 4.5% by December and that the housing market will recover by then. I thnk some mortgage providers are stating an average fall of upto 10% so £15,000 on a £150,000 property.
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