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Tuesday, 9 September 2008

Nationwide Forecasts a 25% Drop in House Prices

In an interview yesterday, the head of Nationwide, Graham Beale, forecast that house prices will drop by 25% from their peak last autumn, with no sign of recovery until at least 2010.

This prediction implies that 2.5 million homeowners could be pushed into negative equity.

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Operating since 1998 and having bought over 3,500 properties, Quick Move is the largest and most respected quick house sale company in the UK. We offer a service for anyone looking to sell their house fast. We will buy your house for cash, often within 7 days, ensuring a quick, secure and efficient house sale. Our service also offers certainty to house sellers - when we commit to buying your home, we will set a completion date to suit your timescales so you have the comfort of knowing that your sale will go through on the date you require.

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