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Property values to drop further before confidence returns

4th February 2009

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COMMERCIAL property values across Yorkshire and the Humber have fallen by 25% since the start of 2008, according to property consultants King Sturge.

Simon Cullimore, King Sturge valuation partner, said values were expected to fall further as would-be buyers continued to find it hard to access affordable finance.

Mr Cullimore said: “Buyers who can obtain finance are reflecting the increased cost of borrowing in their bids which is further driving commercial property prices down. Others are waiting as they are f......for the full story register now for free or login below...


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Simon,you are absolutely spot on in your reading of the market

Russell Jowett

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