It’s been a tough five years for UK property investors and 2024 has maintained the trend. Outflows from open-ended funds continue, another big name fund has announced its closure, while investment trust performance has been poor, with discounts widening. ver the past 12 months, almost £1 billion has been withdrawn from UK-domiciled funds making direct […]
For those looking to buy or sell a property, the news of a general election on July 4 may, at first glance, appear to throw their plans into disarray. Elections usually lead to some stalling in market activity as buyers and sellers put their plans on hold until they know what housing policies are going […]
Building society warns of ‘strengthening headwinds’ with high interest rates continuing for longer UK house prices fell at the fastest annual rate in nearly 14 years in May, as Nationwide building society warned that “headwinds” for the housing market were likely to increase in the coming months as high inflation fuels expectations of further interest rate […]
The March data shows: on average, house prices have fallen by 1.2% since February 2023 there has been an annual price rise of 4.1% which makes the average property in the UK valued at £285,009 England In England, the March data shows that, on average, house prices have fallen 1.5% since February 2023.The annual price […]
UK house prices rebounded in November despite continued uncertainty around the outcome of Brexit and the upcoming general election, according to Britain’s biggest mortgage lender. The average price of a home rose 1% to £234,625 last month, Halifax said, marking the largest monthly rise since February. It signals a slight recovery after two months of declines and […]
When Brexit finally does arrive–whether you support remain or leave–there’s no denying that it’s going to impact U.K. house prices. However, based on a complicated set of competing variables, understanding what this impact will be is a difficult game. KPMG is the latest to reach towards the property crystal ball, with a report out yesterday […]
Average UK house prices have flatlined for eight straight months as a declining property market in London drags on growth, official data shows. The average selling price across the UK rose 1.4 per cent to £229,000 in the year to April, down from 1.6 per cent in the previous month. In the capital, prices fell 1.2 per […]
The Bank of England now expects property prices to fall by 1.25 per cent this year, after predicting a 0.25 per cent annual increase in February. In its latest inflation report, the Bank said property price growth had been weak since the 2016 EU referendum, adding that ‘Brexit-related uncertainties’, as well as other factors, had […]
Britain’s housing market suffered a fifth month of “subdued” growth in the face of continued Brexit uncertainty, but first-time buyers showed signs of life, Nationwide reported. House prices were just 0.9pc higher in April than the same month last year, although this was an improvement on the 0.7pc annual growth seen in March. April marked the fifth month in a row that growth […]
Asking prices for London homes rose this month as owners tested a fragile market before the spring selling season. Values gained 3.4 percent from January to 614,182 pounds ($788,000), property-website Rightmove said in a report published Monday. The seasonal boost still left asking prices in the capital 2.1 percent lower than a year earlier. “It […]
