30.03.2012 - UK: Double housing market blow as prices and mortgage approvals drop
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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