2. There's unimaginable money tied up in the UK housing market
2. There's unimaginable money tied up in the UK housing market (Image 2 of 13)
We’re currently sitting on two trillion pounds worth of equity – hardly surprising then that we all believed the hype. We all really thought that property prices could only go one way. With house price rises now crawling to a halt, many are left counting the losses and asking where it all went wrong.
In Britain's industrial north, the home ownership boom has transformed the lives and aspirations of average people. Manchester was once the nation’s manufacturing powerhouse. By the early 80s the factories were closed and memories of industrial boom time seemed a far-distant golden age. Very few people would have predicted that the city would escape a fate of decline and poverty in quite such spectacular fashion.
Essential Reading From 4Homes
Mortgage Calculator
4Homes Property Search: Find A House Or Flat To Buy Or Rent
4Homes Tip Of The Day
House Price Predictions For 2009
Find Out The Average House Price In Your Region
4Homes Ratings Map
Dealing With Negative Equity
In Debt? Get Essential Advice
How To Stop Your House Being Repossessed
Compare current rates on loans, savings accounts, credit cards & mortgages with this handy tool
.jpg)
Your Comments
Post your comment
Please note: In order to post a comment you need to be registered and logged in to Channel 4:
Sign In Here or Register Here
Comments closed
Comments are closed at the present time
Comments
Thank you for your comment!
Your message will be reviewed and the best ones will be published below.
If you intended to make an official comment to Channel 4 please contact us.