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It doesn’t matter what the government does - UK house prices will fall

Posted on 24 November 2011

The government’s latest plan to prop up the UK property market has been criticised by almost everyone. And rightly so. Encouraging lenders to give first-time buyers 95% home loans is downright immoral in the current climate.
There’s a reason that lenders require big deposits and are reluctant to give people money just now – it’s because they think house prices are more likely to fall than to rise………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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