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
UK Property News Recap – 05.01.24
Welcome to another UK Property News Recap, your weekly catch up on the comings and goings within the sector. The New Year shows signs of hope for those remortgaging and buying as the January "rate" sales kick off. However the general direction of house prices remains mixed with some predicting
UK Property News Recap – 22.12.23
The week before Christmas was full of angst. Michael Gove took on Sadiq Khan, the housing federation took on councils and traders took on the Bank of England. Welcome to another UK property news Recap. The Home Builders Federation Report Q3 The Home Builders Federation report for Q3 found that 50,316 housing
UK Property News Recap – 15.12.23
This week all the big names were out in force to battle for column inches. Keen to impress upon the nation their opinion and data. Change is afoot but at what pace and when? Welcome to another UK Property News Recap Hamptons December 2023 Letting Index On Monday, Hamptons released its December
UK Property News Recap – 08.12.12
This week Rightmove turned mystic and pollster, the ONS totted up household costs, whilst the Bank of England looked to the future as Halifax assessed the past. Welcome to another UK property News Recap. Rightmove Property Forecast 2024 No week would be complete without a property forecast. This week Rightmove turned mystic
UK Property News Recap – 01.12.23
This week was packed with reflection and reform. Reflection on property prices, mortgages and movability. Reform for those still paying rent on the home they own. Welcome to another UK Property News Recap. Leasehold reform Michael Gove kick-started the week by presenting his leasehold reform bill to Parliament. Billed as the Government’s
UK Property News Recap – 24.11.23
The Autumn Statement pulled focus this week. Reams of speculation filled the broadsheets and tabloids columns with further analysis post delivery. The OBR’s synchronised release focused on the longer term side effects. Revealing the timeline for recent mortgage rate hikes to affect those who’ve been watching from the sidelines. This
UK Property News Recap – 17.11.23
Speculation on the future course of interest rates was rife this week after inflation rose by 4.6% in the 12 months to October 2023, down from 6.7% in September. Asking prices slip in time for Christmas, as realism kicks in. Meanwhile, the renters reform bill is put before the committee
UK Property News Recap – 10.11.23
This week, Savills and Halifax ruffled a few house price feathers, whilst RICS Residential Survey captured the mood. High interest rates continue to impact new and current homes. Construction output tumbling and mortgage arrears ticking up. Welcome to another UK Property News Recap. Construction Output Data S&P Global According to S&P Global