House prices stumble as fundamentals look tougher

With the recent abolition of the Home information pack the speculative house seller has returned to the UK property market. This coupled with a prolonged shortage of mortgage lending has been some of the cause of recent stumbles in the UK house price.
Many think that the UK property market is almost a failure of its own success with prices in many areas returning to 2007 levels. Those who have been stuck in the property trap have been taking advantage of recent gains in house prices and off loading their problem properties.