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UK: Double housing market blow as prices and mortgage approvals drop

Posted on 30 March 2012

Both sides of the property market have been dealt fresh blows, with buyers finding it increasingly hard to get a mortgage and sellers seeing the value of their homes drop.
Figures from the Bank of England show that mortgage approvals dropped to an eight-month low, while Nationwide Building Society reports that UK house prices taking their biggest monthly plunge in two years………………………………………..Full Article: Source


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