The old thread seems to have dropped off so I'm starting another!
Todays Land Registry figures show prices in Brighton & Hove fell 0.6% in December. They fell in all types of property from detached houses to flats. As the land-reg figures lag the other house price indicies because they are based on completions, expect plenty more falls in the months to come!
Brighton & Hove is saturated with Buy to Lets, much more than most towns. Combined with the huge rise in distressed sellings forecast for the BTL market and hard pressed Londoners selling their second homes, the collapse in prices will gather pace just like it did in the early 90s.
Watch this space!!
http://www.landreg.gov.uk/houseprices/hous...amp;image2.y=11
