Strong fall in UK residential property prices as experts warn of tough times ahead

[Nicholas Wallwork]

Residential property prices in the UK fell by £200 a day last month , the fastest fall since records began in 1983, as experts warn of a double dip.

More than £6,000 was wiped off the value of a typical home in September as prices dropped 3.6% compared with the previous month, the figures from the Halifax show.

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