CML economist Paul Samter says “”There is little reason to expect much underlying change in the coming months….there is no sign of a swift recovery in lending volumes”.

Bank of England economist Kate Barker in essence agrees, forecasting that this year’s property market rally will end soon. Indeed there is predictions from Estate Agents that prices may dip again early next year.

Read more at www.cml.org.uk and www.thisismoney.co.uk/mortgages-and-homes/house-prices