UK and London house prices drop again but ‘affordability still a huge barrier’ February 14, 2024 House prices fell in December with the average price of a property now costing £285k – but it’s still hard to afford a home for lots of Britons. The figure, according to a new government release, is down £4,000 when compared to the exact same period the year before, but up from 2.3 per cent [...]
UK housing market: Borrowers weigh up taking the plunge, or waiting for rates to fall further February 7, 2024 After a torrid year, the outlook for the UK’s property market is poised to improve. A number of reports have suggested that house prices will continue to drop, which will hopefully help more would-be-buyers finally get on the housing ladder, even if this negatively impacts those who already have property, and want to see its [...]
London house prices: Best time to buy since 2016, experts say, but it won’t last January 29, 2024 House prices in London are more affordable but the capital has been warned not to “get carried away” amid a frenzy of mortgage rates cuts.
Let’s be honest, demonising landlords won’t solve Britain’s housing crisis January 25, 2024 Landlords are an easy target for our housing grievances, but fewer of them won't help renters, writes Matthew Lesh.
London house prices crater as UK reports biggest drop since 2011– but experts are doubtful of data January 17, 2024 The capital saw the biggest drop in the UK, but still had the most expensive homes at £505,000, almost double the UK average of £285,000. This is £6,000 down on the average from 2022.
The Debate: Should the next government build more new towns? January 17, 2024 We are in the midst of a housing crisis and Labour has committed to a programme of new towns - so should the UK build more Peterboroughs and Stoke on Trents?
Persimmon: New home completions down a third as UK housebuilding woes continue January 10, 2024 High inflation and cost of raw materials has made it more expensive to build houses, while higher interest rates have suppressed demand for buyers.
Vistry and Crest shares rise as investors pin hopes on cooling rates and housing recovery January 8, 2024 Experts at the high street bank Barclays were reviewing price targets and ratings for a number of property groups.
Rachel Reeves: Sir Howard Davies house price remarks ‘out of touch with reality’ January 5, 2024 Rachel Reeves has slammed Natwest chair Sir Howard Davies' comments on the property ladder, saying the City grandee is "out of touch" with the reality of millions of Brits.
House prices rise for third straight month as market readies for 2024 rebound January 5, 2024 The UK housing market continues to beat expectations despite higher interest rates, with fresh figures today showing prices have risen for the third straight month.