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Property market already affected by the budget – Savills report

by peter littlewood | Dec 27, 2024 | Open News

Savills’ have released their Q4 2024 analysis of the UK’s prime property markets.  It can be seen here and in summary: Key Highlights for Q4 2024 Impact of Fiscal Changes on Prime Markets: The Chancellor’s tax-raising Autumn Budget created caution among buyers and...

Last Zoopla UK House Price Index for 2024 published

by peter littlewood | Dec 23, 2024 | Open News

Zoopla have published their House Price Index for December, also looking at 2024 and 2025.  The report can be seen here, and here’s a concise summary of the housing market trends and outlook for 2024 and 2025 based on the provided data: Strong Year for Sales, but...

‘We’re evicting our 90-year-old tenant because of Labour’

by peter littlewood | Dec 23, 2024 | Open News

The Telegraph is running an article outlining a landlord who is having to evict his 90 year old tenant of 18 years because of Labours onslaught on landlords. The article can be seen here (subscription may be necessary) and highlights the unintended consequences of...

RICS House Price Momentum dependent on Mortgage Rates

by peter littlewood | Dec 16, 2024 | Open News

House price growth in the UK has been gaining momentum but mortgage rates may curtail the recovery in housing market activity “before long”, according to surveyors. A net balance of 25% of property professionals reported house prices rising in November,...

Rightmove’s 5 Housing market Predictions for 2025

by peter littlewood | Dec 16, 2024 | Open News

UK house prices will register an increase next year, property portal Rightmove predicted, with London set for a bumper year of growth too amid a boost from rate cuts. Rightmove on Thursday said 2025 is set to be a “buyers market” as the firm revealed five...
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