....start saving your pennies.
http://news.bbc.co.uk/1/hi/business/7097813.stm
House price growth is set to stall next year as the market witnesses a "significant slowdown", building society Nationwide has warned.
It predicts that annual house price inflation in the UK will slump from its current level of 9.7% to 0% by this time next year.
Nationwide blames a slower economy, stretched affordability, tighter credit conditions and lower buy-to-let demand.
Almost all surveys suggest the market has been cooling since the summer.
The building society expects there will be a large regional variation in house price growth in the coming twelve months.
Those with cash in the bank might pick up "a bargain".
http://news.bbc.co.uk/1/hi/business/7097813.stm
House price growth is set to stall next year as the market witnesses a "significant slowdown", building society Nationwide has warned.
It predicts that annual house price inflation in the UK will slump from its current level of 9.7% to 0% by this time next year.
Nationwide blames a slower economy, stretched affordability, tighter credit conditions and lower buy-to-let demand.
Almost all surveys suggest the market has been cooling since the summer.
The building society expects there will be a large regional variation in house price growth in the coming twelve months.
Those with cash in the bank might pick up "a bargain".
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