House prices will keep falling for the next two years in line with with what many in the City have called a "correction" in the market, following a decade of growth at 10 % per cent per year.

Research conducted by thelondondailynews.com in the outer suburbs of London shows that a 3-4 four bedroom semi which normally sold at £400,000 is now being marketed at £380,000 by agents. 

The rental market is in comparison very strong in the centre and suburbs of London with landlords reporting rental yields up by over 10% percent. Demand is up by as much as 10-15% per cent with areas around north London having more clients than actual properties to let.