UK House prices slide and market slows but those who choose the buy my house now route reap the benefits of fast equity release
As 2012 began UK housing prices took another ‘nose dive’ and fell a further 0.2% amidst wide-scale job losses sweeping the country which ‘scared off’ house buyers; is the round-up of the market in January according to Nationwide.
With reference to first-time buyers, the building society acknowledged that they are currently required to pay a 20% deposit; when in 2008 the required deposit was half of this.
Nationwide’s chief economist Robert Gardner comment; “Given the challenging conditions prevailing in late 2011, with the UK economy contracting in the final three months of the year, it’s not surprising that house price growth softened at the start of 2012.”
For those who haven’t got time to wait for the housing market to ‘pick up’ but do want a fast-track to cash the buy my house now route makes it possible to turn a bungalow, house or other type of property into cash fast.
April 9, 2012 at 5:46 am | Buy my house now, Sell House Fast |
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