You have just bought your dream home - but how long are you going to live there? What ever the l...
On the brink?
Which way is the property market heading? And should it matter? In days gone by houses were bought with whatever cash people had but the rise of mortgages has changed that scenario forever and changed also the value of property upwards in the process.
So it should come as no surprise, that when the banks tighten the screws on lending, values dive south. This is accentuated in the north of the Country with its huge over supply of terraced houses and few people to buy them. Historically location has been one of the other significant factors.
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