As new mortgage approvals hit the lowest levels since records began in 1990, we are now also seeing a further drop in the value of houses across the UK.
Halifax have reported figures are now down by 0.9% - however the average house price is still a staggering £189,00.
The value of property is expected to continue falling slightly throughout the year, and
bigger falls are anticipated in Scotland and Wales
Read more at Latest Money News at FinanceLocator.co.uk
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