Topic: The UK property market is not a dead parrot
Up until the ‘credit crunch’ there had been two schools of thought regarding the way that house prices would go in the UK.
The more traditional was that house prices would continue to increase into the future with 50 year mortgage terms and mortgage loan amounts based on 20 plus times annual income becoming the norm.
Read more: http://www.economicvoice.com/the-uk-pro … t/50012088