UK housing market declined in December as economy faltered, says RICS. Buyer demand fell but energy efficient homes are holding their value, according to surveyors.
HOUSING NEWS
The property market is down but not out!
Optimistic sellers raise asking prices and buyer enquiries see the largest New Year bounce since 2016
UK house prices set for 15% drop, Nomura predicts…
UK house prices set for 15% drop.
Barratt warns of ‘marked slowdown’ in housing market…
Housebuilder Barratt says it has seen a “marked slowdown” in the UK housing market over the past six months.
UK house prices drop for fourth month in a row…
The average house price in the UK fell for the fourth month in a row in December, as the rising cost of living and higher interest rates hit home.
Mortgage approvals sink to lowest level in two years…
Mortgage approvals fell to their lowest level in two years as interest rate rises put off buyers, new Bank of England figures suggest.
Low-deposit mortgage scheme extended for a year…
A mortgage guarantee scheme to help people get on the property ladder is to be extended by a year.
Move to the country property trend fading – Zoopla…
Property prices in areas of the Yorkshire Dales, the Derbyshire Dales, North Norfolk, and the Cotswolds all shot up. In recent months, the partial return to the office and the soaring cost of living caused the picture to change for many people. Chris Druce, senior research analyst at estate agent Knight Frank, said: “After a […]
Low-deposit mortgage scheme extended for a year…
A mortgage guarantee scheme to help people get on the property ladder is to be extended by a year.
House prices drop by 2.3% in a month says the Halifax…
UK house prices saw their biggest drop in 14 years in November, falling 2.3%, reflecting “volatility” in the market, according to mortgage lender Halifax. November marks the third month in a row during which prices have fallen with potential buyers playing safe by delaying purchases. The average UK house price in November was £285,579. Higher […]
