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No recovery till 2011

By: Language: English Series: Property Forecast ; 11(7) July 2008, 5-6(2)Publication details: 2008Subject(s): Summary: Discusses the prospects for the UK residential sector in light of the current economic downturn. Lists various factors responsible for stagnation in the property market, including reduced access to consumer mortgages; sellers factoring in future falls and cutting their prices accordingly and a lack of confidence in the consumer finance sector.

Discusses the prospects for the UK residential sector in light of the current economic downturn. Lists various factors responsible for stagnation in the property market, including reduced access to consumer mortgages; sellers factoring in future falls and cutting their prices accordingly and a lack of confidence in the consumer finance sector.