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Old 03-03-2008, 11:18 AM
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Post Rics expects continued fall in house prices

The Royal Institution of Chartered Surveyors (Rics) has reported that it expects the fall in house prices to continue “for a while to come”.The statement highlighted the plight of potential first-time buyers, with many mortgage lenders “scaling back loan-to-value ratios” and offering preferential interest rates to existing homeowners and those with huge cash deposits.However, a [...]

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