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
Bidding wars are rife as demand outstrips supply in the housing market but will all sales have been worth the battle?
The seesaw battle between supply and demand is long fought, but currently the UK housing market is buckling under the strain, desperate for reinforcements, as supply struggles to keep up. Last week saw Savills adjust their property forecast with an upward trajectory predicting Average UK house prices to rise +4 pc