Sun 06 Feb 2022
House price growth has made a strong start to 2022 with demand continuing to outstrip supply, according to this morning's data and market analysis from Nationwide. The figures show that annual house price growth increased to 11.2% in January, from 10.4% in December - a month on month rise of 0.8% and the strongest start to the year since 2005. The average price of a home in the UK now stands at £255,556.…
Wed 15 Dec 2021
In a year that remained largely overshadowed by Covid uncertainty, we saw a consistently resilient property market continue to post extremely strong levels of house price growth. The latest UK House Price Index shows house prices are 11.8% higher than a year ago, the third month we’ve seen a double-digit rate of annual growth in the last four months alone.…
Mon 29 Nov 2021
Inevitable price corrections are underway in the UK property market following unprecedented rises due to the pandemic. However, the dips are slight, for now, due to extraordinarily low levels of property on the market - with Home.co.uk saying that levels of unsold property have never been so low.…
Sat 06 Nov 2021
The Bank of England voted to hold the base rate at 0.1% yesterday – despite rumours they would finally raise it.…
Fri 29 Oct 2021
The volume of property selling for above the asking price has seen a 10% month-on-month decline, according to newly released data, signalling the first signs of the market beginning to settle and the end of months of intense bidding wars.…
Fri 08 Oct 2021
Over the last 18 months, a number of measures were put in place to protect tenants who were unable to keep up with their rent payments. This put a strain on landlords and the lettings market as a whole, with the government easing these rules back gradually to help all parties involved recover from the effects of the pandemic.…
Thu 30 Sep 2021
Confidence and resilience in the housing market are expected to remain high beyond the end of government support, as falling numbers of prospective homeowners cite the risk of job losses as a barrier to purchase a property.…
Wed 22 Sep 2021
The latest figures from HMRC have revealed that residential property transactions climbed to 98,300 in August - a 20.8% rise against August 2020 and 32.0% higher than July 2021.…
