The latest market analysis by property purchasing specialist, House Buyer Bureau, reveals which areas of the UK have endured the biggest house price drops since September 2022’s disastrous mini-budget, with the worst hit district seeing prices slashed by more than £315,000.
When then Chancellor, Kwasi Kwarteng, announced his and Liz Truss’s mini-budget in September 2022, it sent an...
Director of Benham and Reeves, Marc von Grundherr, commented:
“For the last two years, many buyers have been borrowing beyond their means to offer above the odds and beat other buyers to the punch in what has been an extremely competitive market.
But with increasing mortgage rates adding to the cost of living squeeze, they are no longer acting with the same degree of over-...
CEO of Alliance, the Real Estate Fund, Iain Crawford commented:
“Despite the challenges of economic uncertainty the housing market continues to hold up pretty well, with the latest figures showing prices marginally down when compared to last month. As expected, challenges such as increased mortgage costs and the usual seasonal slowdown at this time of year have started to bring us...
The latest research by specialist property lending experts, Octane Capital , has shown that despite the resilience of the UK property market, UK house prices are currently climbing at a lower rate than inflation for just the 19th year since 1972.
Octane Capital analysed historic house price and inflation data stretching back 51 years, to reveal just how well the property market has...
Nation’s homeowners sitting on £2.6 trillion in equity
Market analysis by leading mortgage broker, Henry Dannell , has revealed that the level of equity built up in the property market across England currently sits at over £2.6trn and that’s just those homes that are owned outright, with a 17% increase in this level of total homeownership over the last five years.
