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In the past the media would have been going crazy with recent headlines, even though they clearly state more of a slowdown rather than a crash. However, ‘property crash’ headlines would be rife which always made a slow market much worse – as buyers would hold off for prices to fall but are the papers finally learning?
A fascinating new report from the Halifax shows that, in some ways, schoolchildren are more realistic than their parents about buying a property but, in others, they are pretty clueless!
Many people will tell you how easy it is to buy properties that are being repossessed or are already in the hands of the lender. Others will charge you hundreds to thousands of pounds to ‘teach you’ how to buy repossessed properties...
The first thing that strikes me with the Welsh data is what cracking value properties are here! What's the whole story?