Latest house price fall not all bad news

Jonathan Turpin, Chief Executive of Moveme.com, responds to the latest Nationwide House Price Index: “Despite reports of annual house price falls now pushing 16%, it’s not all bad news for homebuyers. While we face an uncertain year ahead, I would expect to see interest rates fall again this Thursday, taking the cost of borrowing to record lows. For those who are able to secure finance, now could prove an excellent opportunity to buy, as house prices return to levels not seen since 2005.”