Lack of lending leads to finance famine in UK property market, latest real estate index shows as pri

[Nicholas Wallwork]

The general election in the UK did not hit the UK property market but a continuing lack of lending*has led to a finance famine leaving first time buyers and real estate investors unable to proceed,*according to a new report.

Overall asking prices rose just 0.7% over the last month and fell in some areas as buyers put of*moving, the monthly index published today (Monday May 17) from Rightmove shows.

Click Here to Read The Full Story and Add your Own Comments to Lack of lending leads to finance famine in UK property market, latest real estate index shows as prices fall in some areas