Major indices, such as Nationwide and Halifax, suggest property prices have fallen across the country. That trend has been mirrored in Co. Durham, Sunderland and Washington property, and on Tyneside too.

Paul Miller, Property Partner at Sunderland property and conveyancing specialist Sweeney Miller Solicitors says “It is reported that house sellers are lowering their asking prices. This means that there are some bargains to be had – particularly if a seller wants to sell quickly and a buyer can complete the purchase straight away.”

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