What does the housing market crash mean for property investors

Mortgage lender, Halifax, announced last week that UK house prices saw their biggest drop in 14 years in November – falling 2.3% compared to 0.4% in October.

November marks the third month in a row that house prices have fallen, making the average UK house price now £285,579 down from £292,406 the month previous.

After two years of inflated house prices, the slowing down of the housing market was somewhat expected, however the cost-of-living crisis – among other factors – has meant the market is much more volatile than predicted.

Read more >