House prices bubble: UK cities where values could soon CRASH

House prices bubble: UK cities where values could soon CRASH
 

Home values are at risk of collapsing in areas where prices are rising - despite a drop in borrowing, according to data analysis by One 77 Mortgages.
Most of the places identified as vulnerable are in the north of England, raising fears the region could become the epicentre of a market downturn.
Cleveland in the North East is at biggest risk of tumbling values, after prices jumped by 11 per cent but lending fell, the study found.
Blackburn and Blackpool in Lancashire are also displaying the worrying trend with a gap between price increases and borrowing of 6.8 per cent and 6.2 per cent... read more

 
Thursday, 16:26 in Business, Views: 45
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