UK Property News Recap – 08.03.2024
This week we were back at school. Foxtons and Travis Perkins promised to do better. Lenders, fearing they weren’t taxing enough, increased the difficulty of their papers. Hunt was marked on his fiscal delivery and lack of housing material. Halifax raised its hand but Nationwide interrupted, blurting out news of
UK Property News Recap – 01.03.2024
This week there were a number of takedowns; first Khan took on the Oligarchs, then the CMA crushed eight of the leading housebuilders. Gove tried to make a comeback but was ripped to shreds by leasehold reform lobbyists with his exemptions. Post-2023 analytics showed the losses caused by high inflation
UK Property News Recap – 22.02.2024
Half term over, the UK property market appeared to go back to school. Short lets sought permission, bailed out councils took away privileges. Sellers hoped for higher results while landlord growth was held back. Older borrowers took an extended sabbatical, while China got needy, overcompensating for past failings. In the
UK Property News Recap – 16.02.24
This week everything either flatlined or dropped. Be it political pre-election housing promises, prices, GDP or CPIH, nothing was getting off the ground except potentially seller realism and market optimism for base cuts in response to the UK being in recession. Every cloud….Welcome to another UK Property News Recap. Conservative Housing
UK Property News Recap – 09.02.2024
This week, the sales market took two steps forward, the rental market, two steps back. Redrow and Barratt came together, as sellers prepped to attract. Welcome to another UK Property News Recap. Average UK rents take a step back HomeLet's monthly review of average rents for January 2024 revealed that, for the
UK Property News Recap – 02.02.2024
This week, the news revealed agreed mortgages ticked up as transactions fell in December 2023. Zoopla and Nationwide painted an impressionistic picture of property promise while the Bank of England remains on table top mountain. Welcome to another UK Property News Recap. Court calls time on Chinese Developer Evergrande The debt-riddled Chinese
UK Property News Recap – 26.01.24
This week both major political parties tested potential housing plans to reel in younger voters in the media. The number of millionaire property owners depleted alongside new build numbers. Lenders passed the low interest rate baton and Rightmove tried to drum up business. Welcome to another UK Property News Recap. Speculation
UK Property News Recap 19.01.24
This week forecasts were rewritten and survey reports reflected upon. Portals clashed while CPI refused to play ball and the ONS painted a picture of time gone by. Welcome to another UK Property News Recap. Rightmove HPI January 2024 According to Rightmove’s HPI, buyer & seller confidence received a New Year “rate”
UK Property quarterly Lonres data takeaways for 2023
2023 was a messy year for buyers, sellers and those remortgaging. Increased interest rates and a cost of living crises shattering many first time buyers' dreams of homeownership while others struggled to make ends meet. Many extended mortgages, returned to rented, sold or had help from the bank of mum
UK Property News Recap – 12.01.24
This week saw further analysis on the year just gone and further conjecture on the year ahead. Lenders continued to shed some of their 2023 rate gain. Michael Gove sets out timeframes for landlords. Developers submitted their end of year report cards, while other companies “Combined.” Welcome to another UK