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
UK Property News Recap – 03.11.23
The property portal Zoopla and lender Nationwide top and tailed the week with their house price indices whilst the Bank of England released transactional data revealing a retreating housing market. The Monetary Policy Committee then announcing its decision to hold the base rate at 5.25%, leaving many hopeful that any
UK Property News Recap – 23.10.23
In this weeks Uk property news recap, Westminster continues to leak news. Renters disperse out of the city to cheaper pastures and lenders hold a finger aloft to predict the property wind. Section 21 - stay of execution Section 21 was served notice back in 2019, four years and counting and it's
UK Property News Recap – 20.10.23
This week further demonstrated how the absence of cheap money is unsettling people and prices. The rental seesaw increasing whilst sales volumes and prices plummet. Sellers and buyers' hopes still have a way to go before becoming aligned but movement is afoot. Welcome to another UK Property news recap, covering
UK Property News Recap – 13.10.23
Slightly later than planned, last week's UK property news recap, was full of politics, forecasts and spats. Soaps are progressively looking more probable and optimistic against the current drama unfolding in our day to day lives. Welcome to another update on everything UK property related. The Labour Party Conference The labour party
UK Property News Recap – 06.10.23
This week was largely dominated by HS2 and the absence of any real housing policy at the Conservative party conference. House prices took a further tumble along with the number of new homes under construction, leaving “advisory” targets abandoned in earmarked sites. Welcome to another UK property news recap. Average House
Property News Recap – 29.09.23
This week started off sluggish before building to a crescendo of information on interest rates and transaction data. Sensing property news was slow, Halifax, Rightmove and Zoopla competed for coverage by bringing out fresh data on buyers habits and numbers, before the Bank of England top trumped them, with mortgage