It's gloomy over at Savills...
... where they're warning of a 25% house price crash, between now and the beginning of 2010. Savills' Yolande Barnes is, however, also pointing out that it's in the power of the lenders to turn this into a 6% dip, by lending money once again. If you're shopping in the £5m+ bracket (see below) you don't need to worry too much.
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