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Cautious buyers scrap plans to move house Cautious buyers scrap plans to move house

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Property Prices Discussions on general property prices and property inflation in the UK.

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Old 24-09-2007, 09:20 AM
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Post Cautious buyers scrap plans to move house
Many thousands of homebuyers have scrapped plans to move house after the British banking crisis surrounding Northern Rock led to insecurity in the property market.Estate agents have seen the number of enquiries fall by 25% and the number of potential customers visiting estate agencies has declined too. Hurford Salvi Carr, the London-based agents, said internet [...]

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Old 25-09-2007, 12:49 PM
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Ouch - now that is certainly interesting. With overvaluation of the UK property market long warned about, will be interesting to see what sort of impact this has.
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