Are house prices in the UK falling? http://www.Mortgage-help-centre.co.uk.
House prices in the uk are set to fall in 2008 as stated by national uk based mortgage company mortgage-help-centre.co.uk .
Debt experts are predicting a record number of personal insolvencies this year as excessive Christmas shopping, rising mortgage payments and soaring food and fuel costs force thousands of people over the financial edge and into bankruptcy.
Every year the FT conducts a survey of top economists on a range of topics, including house prices. This year they expect house prices to shift by 0% to -20%, with the average probably about -5%. These are just estimates - bear in mind that in last year's same survey, none of them predicted the UK's first run on a bank in over a century. Also see comments below for links to the other survey topics, including: "Britain faces worst outlook since dot-com bust.
http://www.mortgage-help-centre.co.uk
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