| From Financialadvice.co.uk: The encouraging news from UK housebuilding giant Persimmon caught many in the market by surprise, with the confirmation that further land bank write-downs are not required perhaps the most positive note.
However, while the group appears to have called the bottom of the market there was no indication as to when UK house prices will start to rise again and when hundreds of thousands of UK homeowners can expect to move out of negative equity. So what exactly is going on?.........Full Article: Source
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