Forecast raises prospect of price declines in London and economic slowdown putting a brake on the property market House prices will rise by between 1% and 4% in 2017, according to Halifax’s annual forecast, marking a sharp deceleration from 2016, as it raised the prospect of falling prices in London. Britain’s biggest mortgage lender said a slowdown in economic growth, potential rises in unemployment and pressure on household incomes will put a brake on the property market after several years of growth. Continue reading…
Source : theguardian.com
Read more…UK house prices to rise marginally in 2017, says Halifax















