House prices fall to a 2 year low as fears grow slump will continue until 2015 | Mail Online
Around £40,000 has been wiped off the average value of a home in Britain over the last four years, research has revealed.
The fall has plunged many homeowners into negative equity, the term used when the size of a mortgage is higher than the value of a property.
At its peak in August 2007, the average value of a home in Britain was about £200,000.
But the Halifax bank said yesterday that this figure has dropped to £160,000, a 20 per cent reduction.
Oxford Homes Direct are estate agents in Oxford. Letting agents,Oxford. House to rent Oxford. Property for sale Oxford. Flats in Oxford for rent. House for sale Oxford. Apartments for rent Oxford. Find houses Oxford. Rooms to rent Oxford. Homes direct in Oxford. Make the right move & find Oxford apartments, estate agents Oxford. www.oxfordhomesdirect.co.uk Oxford estate agents & Oxford letting agent. Rightmove, Oxford. Primelocation, Oxford. Rightmove, Oxford
No comments:
Post a Comment