The average London house price has fallen by around £28,000 in the last month, as the downturn in the property market hits the capital.  The survey by property website Rightmove finds that prices fell by 6.8% in London, compared with 3.2% for the rest of the UK.

House prices in the UK have fallen for the fourth month in a row, as higher interests rates have dented homebuyers’ confidence, according to new statistics.  According to property website Hometrack, the average house price in England and Wales fell by 0.3% to £174,700.

If you have decided to sell your house, these are the options available to you. The option you chose may depend on a number of factors, like how quickly you want to sell your house, or how much you are prepared to pay estate agents and others to handle the sale.

With higher interest rates and the effects of the credit crunch, homeowners face a greater risk of having their houses repossessed than they behave been since the 1990s.
According to the Royal Institution of Chartered Surveyors (RICS), around 45,000 homes will be repossessed in the coming year – this equates to 123 repossessions every day.
This represents […]