These figures are released at more or less the same time as the RICS (Royal Institute of Chartered Surveyors) stated that house sales were at their lowest levels between December and February this year, that’s a new 31 year low.

“Around two-thirds of the homes will be built by housing associations, as private builders suspend developments until the market picks up”, NHF states.

This further cements the worsening Property Market in the UK and a very bleak outlook for 2009 and beyond. With self builders, house building companies and first time buyers all out of the picture it points towards increased property price falls. First time buyers are finding it near an impossibility purchasing as Bank’s lendings have become more difficult to obtain.

The average property price figures due soon also will no doubt show a downturn as the recession starts to take grip.

What we are seeing today is unpresidented falls in house prices as we suddenly all realise that prices we were paying for far too over inflated and suddenly we are starring into the barrels of a despression/recession. So you house, that was once a prized asset, now becomes a doom of debt that you just can’t get rid of, and every day that goes by the value falls and your debt increases. So, how do you beat the present climate and how do you get your property to stand out from others and get a positive result in it’s marketing?

Advertise your property online with a video tour, OneStopView.com allows you to upload a video of your property and market it for free to a worldwide audience. You need to get your property set at a selling price for todays climate, do not try and get back money that you lost simply by increasing your property’s value – it will not work.

Marketing your property online with a video tour will mean that you home is available online as a 24/7 open house, meaning that people can view your property as if they were actually there at anytime of the day from any place on the planet. This will gaurentee you serious enquiries and most certainly make your property more findable and more appealing that others using simply photos and descriptions alone.

Just 35,000 mortgages worth £5bn were taken out by people buying a home in September by figures taken from ‘Council of Mortgage Lenders’. This means a 15% drop in terms of both volume and value than in August and less than half of the level seen in September 2007.The number of homes changing hands hit a new record low in October, so states the ‘Royal Institution of Chartered Surveyors’.

Average property sales fell to just 10.9 per estate agent during the three months to the end of October, down from 11.5 in September. These figures are the lowest level recorded by RICS since it launched the survey in 1978.

“Housing market conditions remain challenging in the face of the significant pressures on householders’ incomes and the reduction in the availability of mortgage finance since last summer.”