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THE housing market is heading for a double dip as mortgage lending slumped, while thousands of people who bought a home at the peak of the market could remain trapped in negative equity until 2014.
Property professionals saw house prices fall for the first time in a year last month and expect further declines as demand weakens, according to new research.
£1,000 per month 3 bed, house
Weston-SubedgeChipping Campden
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