UK Property News Recap – 22.09.23
At the start of the week, UK Property News looked set to be fairly predictable but as the week unfolded the country found itself engulfed in economical and political dramas that changed the narrative. From Rightmove’s predictable HPI analysis to better than expected inflation data that swung the MPC vote
UK Property Recap
It was clear that the first full working week, sans les enfants, meant business for UK Property. After 6 weeks of speculation on what the market would do, there was an eagerness to report on how it had fared during the holiday season. To kick start this weeks UK property
UK Property News Recap
Like all good series, a recap is never a bad thing. Welcome to my new weekly UK PROPERTY NEWS RECAP. This will be released every Friday but to kick start this Monday, l thought I'd run through everything property related that was circulating in the news last week to clear
ONS House Price Index – how reliable is it?
The Office for National Statistics (ONS) house price index has long been relied upon as the most reliable of the indices when trying to decipher what house prices have actually been doing. This is due to it being the only index that doesn’t discriminate on how buyers paid, and includes
The Political Game Around Homeownership
Both Labour and the Conservatives are sparring over the state of the housing market. As we hit summer next year, expect electoral promises around increasing housing supply and reintroducing schemes designed to kick start the housing market by enabling first time buyers access to the market, in return for your vote.This
RICs observations on the UK housing market
Over the past six months RICS’ monthly UK Residential Market Survey has demonstrated buyers’ and sellers' changing mind-set from complete dejection to mild hope. With many seemingly believing that the market was on course to stabilise, down from its ‘Pandemic High.’ This analysis is based on RICS surveyors’ assessment of the market
Interview with Clifton Private Finance about the mortgage market in 2023
In the first in a series of interviews with industry professionals, I ask Carly-Marie Cheeseman from Clifton Private Finance, a specialist mortgage broker sourcing the most cost-effective and appropriate finance solutions, about the mortgage market in 2023. Clifton Private Finance is credited for it's expertise and experience in high-end property
What is happening to London house prices?
What is happening to London house prices? With all the conflicting news and HPI indices it's hard to know what is actually happening to house prices in the capital. For a more detailed analysis of the central London property market, Lonres, whose data is provided by working professionals in the area,
What does the Spring Budget mean for the UK housing market?
For many there wasn’t much “spring” in the Chancellor, Jeremy Hunt’s, Budget step, just a rather monotonous drawl about how the UK would “technically'' avoid a recession which conjured up an image of a 12 year old trying to be clever. So what does the Spring budget mean for the
What the Autumn Statement means for UK property
The Autumn Statement had more leaks than the average toilet, leaving no real big surprises for the cash strapped public, just the lingering smell of resignation. What the Autumn statement means for UK property is for those invested in it there could be both significant movement or lack of it