Looking for a sell home fast specialist?
If so, you may be interested to hear that just 825,000 homes will be sold in the UK next year as economic uncertainty looks set to continue to deter buyers.
That is according to the Council of Mortgage Lenders, which has said house sales in 2012 will be at their lowest since modern records began in 1978.
Repossessions are also expected to go up next year, the CML added, from 37,000 this year to 45,000 in 2012.
Commenting on the figures, CML chief economist Bob Pannell remarked: “The weak state of the wider economy and household finances creates a challenging and highly uncertain backdrop for the housing and mortgage markets.”
December 16, 2011 at 3:37 pm | Uncategorized |
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