House prices fall for second month in August by 0.9%, following the 0.5% the previous month. Well no surprises for us in this 'so called' news.
When Mortgage lending is now so difficult to obtain, the money side demand for housing just had to fall away.
However link this to falling UK Manufacturing and there is surely a real depression here in both housing demand and business. Tie this to the bank's which generally have 'security' on directors main residence and the downward spiral must continue.
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