UK house price increases take a summer holiday

Written by Richard Green

Continued from page 1

Speculation on what is in store followingrepparttar summer lull remains sceptical. The Halifax predicts house prices will fall in 2005, while independent financial adviser, Julian Crooks believes, “There does seem to be a danger of negative equity so people should be preparing their finances to cope."

"Sellers are having to work really hard to attract buyers at present," says Richard Donnell, spokesman for estate agent FPD Savills, “there are a lot of aspirational sellers out there, who still hark back torepparttar 150725 hot market. They need to ask their estate agent to give them a realistic valuation and ask them how they can improve their chances of a sale."

Rightmove has warned thatrepparttar 150726 housing market could remain static for several years whilst it waits forrepparttar 150727 incomes of FTBs to catch up withrepparttar 150728 housing prices. Miles Shipside, Commercial Director of Rightmove, said "As many sellers are refusing to part with gains they have made, buyers are forced to make uprepparttar 150729 affordability gap…The reality is it will take seven years of static house prices and wage inflation to bridge this affordability gap.”

The market appears to be in a state of change with sellers more open to negotiation than previously, but many buyers, especiallyrepparttar 150730 critical first timers remain wary or still find themselves priced out ofrepparttar 150731 market.

Note: The material is for general information only and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for your own particular situation.

References: Rightmove House Price Index Moneynet mortgage comparisons Halifax House Price Index

Released by bigmouthmedia ******************* Notes for editors: About bigmouthmedia Bigmouthmedia isrepparttar 150732 European leader in search engine marketing. The Edinburgh based company has offices in London and Madrid. The company is headed up by Steve Leach, Heather Luscombe and Lyndsay Menzies. Clients include Sony PlayStation, Bank of Scotland, Marks and Spencer, British Airways, Sony Ericsson, King Sturge, Laura Ashley and MTV. Further information: E-mail:, Telephone: 0845 130 0022 Website:

Richard lives in Edinburgh, occasionally writing for the personal finance blog Cashzilla, and wandering when that lottery win will happen.

Moneynet tackles funding university with new student finance guide

Written by Rachel Lane

Continued from page 1

Other publications in Moneynet’s series of consumer product information guides include: credit cards, mortgages, loans, life insurance, ethical investing and family finance. The website also features a comprehensive glossary for consumers who wish to look up more general personal finance terms.

Resources: (Online banking management tool) (Student finance guide)

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Editor's notes isrepparttar UK’s most established personal finance research and data website. The company offers consumers a wide range of low cost financial products: from mortgages and personal loans; to car, home and medical insurance; credit cards; savings accounts and best-buy fixed rate products. is an ethical, impartial and comprehensive source of consumer finance information, coveringrepparttar 150693 whole ofrepparttar 150694 personal finance sector.

Moneynet was founded in 1997 by Chief Executive Richard Brown to simplifyrepparttar 150695 personal finance market and provide consumers with impartial and interactive information on financial products and services.

Press enquiries Richard Brown, Moneynet Chief Executive, 020 8313 9030

Consumer enquiries:

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Online distribution by bigmouthmedia: Bigmouthmedia is a search engine optimization (SEO) + search engine marketing agency, specialising in paid search (PPC), organic search (optimisation), link strategy (online PR) + consultancy services in online brand protection.

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