House Price Data

According to Nationwide, house prices rose by 1.6% in March year-on-year, the fastest increase since December 2022. However, this was below analysts’ expectations, and the month-on-month figure saw property prices decline by 0.2% swinging from a gain of 0.7% in...

Resoluton comments on UK Housing Stock

The UK’s “expensive, cramped and ageing” housing stock fares poorly compared with other advanced countries, analysis by a thinktank suggests. Households are paying more than other countries - but getting less in return, the Resolution Foundation said. - Guardian...

Mortgage Advice Bureau Market Review

In their accounts for the year to 3 December 2023, Mortgage Advice Bureau provided the following market review: Market review The fall in new mortgage approval volumes in the aftermath of the September 2022 mini-budget continued throughout 2023, as the rising costs of...

RICS reports improving sentiment

According to the latest UK Residential Market Survey from the Royal Institution of Chartered Surveyors, the net balance for house prices was -10 last month. A net balance is the proportion of respondents reporting a rise in prices minus those reporting a fall....