After relishing the beautiful Calabria Property for sale and also the Caribbean property, time now for getting back to something on the UK real estate news. Well, UK arguably is going through the same times as the US with a whole lot of people in need of assistance with their debts.

We all know that UK Banks, like those in the US, are also no longer lending as they did before the credit crunch, and can you believe it that the number of real estate deals in the UK is down by around 90 percent, which is a huge figure.

Let’s hope 2009 turns out to be a better year for the UK real estate markets by keeping our fingers crossed.

Tags: real estate