Home loan blow as house prices fall

The property market is set for a shake-up as new research shows prices have continued to drop. The average price of a new home in April was £256,143 - down 8.1 per cent on last year. According to which carried out the research, it is the most significant price decrease since the slowdown began last October. However, it points out that although it was the largest annual fall to date, prices were down just 0.3 per cent on March’s figures, suggesting that the slowdown is stabilising and prices c