In a shocking report from Rightmove the average property asking price for December is £232,396 compared to £239,986 in November.

Trumpo believes a number of factors including the credit crunch and unaffordable levels of personal debt are the main contributors, but the controversial introduction of Home Information Packs (HIPS) may well be the straw that breaks the camels back for the property market.

On a personal level – I really do hope I’m wrong.

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