Why a 5pc fall in house prices won't make it cheaper to buy - The Telegraph

Predictions for high interest rates will make it difficult for buyers

The average buyer would have to pay an extra £1,020 a year even if house prices dropped by 5pc with Bank Rate at 2pc, Hamptons found. In London, the increase would be £1,908. First-time buyers, who … [+776 chars]

full article...