House prices dropped on average by £17,000 during the last couple of weeks in November, this is a national decline of around 6.5%.

London has seen the greatest house price falls with areas such as Westminster dropping by over £100k. It looks as if sellers are finally wising up to the fact that they must drop their prices in order to make a sale.

Cities up and down the country have seen falling house prices. If you have the finance available now would be the perfect time to snap up a bargain. It’s a buyer’s market. If you can get finance it’s a great time to buy a property that would have cost a lot more 6 months ago.

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5. Financing a Property Development