As the global financial crisis enters its 5th year Turner Symons, (http://www.remortgagedeals.net) a specialist remortgage introducer, have created an infographic exploring the impact on the property market in the UK. This graphic makes clear the immediate impact of the crisis on house prices, and how despite average sales show a slight recovery prices actually continue to fall outside the capital city. It also explores how the cut in the Bank of England base rate has managed to significantly lower average mortgage rates yet despite this property transactions continue to stagnate, with no real recovery to 2007 levels.
Infographic brought to us by Turner Symons.
