Friday, April 25, 2008

The experts views on mortgages and the housing market

The average asking price for a home in the UK is now £239,521, just 1.3 per cent higher than a year ago, according to Rightmove, the property website.

Rightmove says that asking prices have dropped 0.1 per cent in the past month, a sharp contrast to average increases of 2.8 per cent recorded each April since 2002.

House prices across the Bidwells region - Cambridgeshire, Northamptonshire, Suffolk, Norfolk and North Essex - fell 3.8 per cent on average.

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