Houses For Cash UK Blog

Various countries around the globe are feeling the pinch of over inflated house prices and the bubble seems to be bursting. The US has seen a dramatic slowdown and has been badly hit with a sub prime mortgage downfall with high mortgage arrears and house owners being unable to avoid repossession.
Both New Zealand and Denmark are earmarked alongside the UK to be next in line for a big fall in house prices with the UK said to have property over valued on average by 20%.
Germany, Italy and Japan are the least vulnerable for a crash.
Fast house sales are a luxury we can still remember but seem to be fading gently into the past. After recent years where estate agencies promised to sell your house quick they are admitting a slowdown in time scales and a scaling down in the market over all.
Reports of people wanting to sell their house privately are seeing an upturn, either through the internet or selling houses for cash to private investors. This is largely due to new technologies and people wanting to save money where ever they can.