BGN Entrepreneur

House prices are still outweigh potential buyers as sellers under pressure to recommend surveys. The Royal Institution of Chartered Surveyors (RICS) said 44% of the members had seen falling prices in the past three months.
Only 6% reported that prices had risen, while 50% said they had stable. Meanwhile, showed figures from the Council of Mortgage [...]

The UK mortgage arrears are more correlated to unemployment levels than house prices. UK homeowners, unlike their US counterparts with “no recourse” home loans, tend not to send the house keys back to the bank just due to negative equity.
Recent days, with a warning of a further 15% fall in house prices, chief executive of [...]