Jeremy Leaf
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Housing Market
REACTION: UK to avoid recession this year, claims Chancellor during Budget
The UK is expected to avoid a technical recession this year according to the Office for Budget Responsibility, Chancellor Jeremy Hunt told the House of Commons this afternoon.
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Housing Market
MARKET: Number of house sales dropped in December but ‘still strong’
Sales dipped 3% on November but were just 1% down on the same time last year, government figures from HMRC reveal.
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Housing Market
Cheaper mortgage rates will help soft landing for housing market
Nationwide says cheaper mortgages will help the housing market in 2023 and avoid forced sales from mortgage defaults.
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Latest property news
Halifax and industry leaders blame weakening market on ‘Mini-Budget’
Lender says Mini-budget and financial downturn are to blame - but what do agents on the ground think is driving lower sales prices?
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Latest property news
Nationwide: House price rises slow
Annual house price growth slowed to 7.2% in October, from 9.5% in September.
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Latest property news
Industry reacts as housing market shows first signs of slowdown
The Nationwide house price index reports a small drop in growth this month, with London recording the weakest figures.
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Housing Market
Cost of living forces one in four homebuyers to put off purchase
The last set of figures from ONS showed a 12.4% year-on-year increase, compared to 9.7% the previous month, as demand continued to outstrip supply.
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