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