First Slowing Of Annual Inflation Since 2023 Tax overhaul takes heat out of market Annual inflation halves to 3.5% Average UK home worth £265,000 Average house prices fell 2.7% month-on-month in April as new nil rate bands for stamp duty kicked in at the beginning of the month, writes Jo Thornhill. The figures from the Office […]
Buyer demand fell to lowest level since November 2023 in February, Royal Institution of Chartered Surveyors says Thu 13 Mar 2025 01.01 CET Momentum in the UK housing market slowed in February as confidence was dampened by a looming stamp duty deadline and concerns over stubbornly high interest rates and the world economic picture. Buyer […]
Don’t try and time the market either at the lowest price,’ says real estate CEO CBC News · Posted: Oct 23, 2024 4:00 AM EDT | Last Updated: 7 hours ago While sales have remained steady since last year so far, experts are saying they are seeing signs of a balanced market. (Colin Butler/CBC News) Whether you’re buying […]
More UK households have defaulted on their mortgages in the last quarter, new Bank of England data shows, and the situation is likely to worsen in the run-up to Christmas. UK lenders have reported that the default rates on secured loans to households increased in the third quarter of this year, and are expected to […]
Number of properties for sale dropped 15% in November – the fastest rate since 2009 The number of properties coming on to the UK housing market is falling at its fastest rate in a decade as next month’s general election deters sellers. Rightmove said the average price tag fell by £3,900 in November – the equivalent […]
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 […]
What does this chart show? That house prices are still rising, though not as fast as they were. Average house prices in the UK rose 8.3 per cent in the year to July, slipping back from the 9.7 per cent annual figure registered in the year to June. London price growth stayed high at 12.3 […]
Latest figures show mortgage lending was up 23% compared with December 2014, with demand for property higher than expected in runup to Christmas. Mortgage lending fell in December, but was 23% higher than a year earlier, capping a busy six months in the housing market. Figures from the Council of Mortgage Lending (CML) show the […]
First-time buyers are struggling to find a house as the gap between the supply and demand for two-bedroom properties widens, a new report found. The price of a typical first-time buyer home is leaping by £1,250 every single month, putting home ownership out of reach for many. The demand for smaller homes is further compounded […]
The day after the election, the capital’s luxury flat market soared, as the global elite rushed to buy a piece of ‘real’ London life. Here, long-term residents and estate agents in one of Britain’s poorest inner-city boroughs count the cost. In the hours after the Conservatives won a majority at the general election, London estate […]
