Why sell Home? - Probable Motives

UK - one of badly affected country by the Eurozone financial crisis has have put up many property related crises for the UK property market.  Of the many problems, the collapse of the global financial markets having a negative impact on the property prices is huge, it has led to the increased property cost, corresponding increase in salary rise not being matched.  As a result, people who had mortgaged their homes weren’t able to pay off their mortgage payments.

Probable motives of house sale in UK:

• Eurozone financial crisis
• Increasing house inflation
• No increase in salary
• Increased house or property prices
• Lack of affordable mortgage finance

Posted in: global financial markets, house, House sale, mortgage payments, property, property prices, property sales, UK homes, UK Property market, UK Property market trends, UK property prices