2008 will go down as one of the worst years on record for the UK property industry. With lending virtually at a standstill, house prices have plunged – and a glut of rental properties on the market has seen average lettings fall also.
The recession and massive job losses will only compound the problem over the coming months – so could 2009 be even worse or will this be the year the property market starts to pick up? What will it take to kick-start home sales and what can achieve this?
Tell us your hopes and fears for the property market for 2009 using the comment section below