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
Where will UK house prices settle?
UK house prices are reacting to the swing of the pandemic pendulum. The stamp duty holiday, low mortgage rates and lack of supply have had a knock on effect on average house prices, causing them to increase significantly over the past year. The issue is that in the past few
Take average house prices with a pinch of salt
Headlines are designed to grab your attention so didn’t Rightmove do well this week! Before homeowners jack up their property prices it's important to understand why everyone ought to take average house prices with a pinch of salt. The press regurgitated, as I am now, their line that the average house
UK House Price Index explained
It can seem at times like every property professional is a wannabe Mystic Meg. Predicting price rises, surges in demand or impending doom. If you'd like to join their ranks or understand how some of the data is collected to enable this soothsaying ability, the above chart features the UK's