Yes, it is true; UK houses have dropped in value by a great deal since they peaked in the last quarter of 2007. This can make selling a hard-pill to swallow; too hard for many people.
But what people must remember is that, while you are selling your house for less than it was worth, you will also get the house you want to buy for a lot less.
In fact, there have been reports according to the Land Registry, house price falls accelerate as you go up the property types, so if you want to trade up you may even end up gaining a little in real terms.
This current correction is far from over. Despite the currently positive news all the signs point to the slump being prolonged. Even if this is the bottom, then all impartial experts are forecasting that even when the market bottoms it will be several years before prices start to rise again.
Can you really put your life and or your families lives on hold for that long? If not register today and sell your house with Zungalow for only £29 per year.