Landlord News
Rising Mortgage Rates and Inflated Property Prices May Quash Optimism, Experts Warn
In June, house prices increased a meagre 0.1%, marking a 3.5% decrease year on year, with the average house price standing at £262,239. The 10%…
House Prices
Landlord News
Surge in House Price Reductions as Mortgage Rates Climb, Zoopla Reports
Zoopla’s most recent House Price Index has disclosed a surge in sellers (42%) who are agreeing to a minimum of 5% off the asking price…
Landlord News
Bank of England Administers ‘Shock Therapy’ with Unanticipated Rise in Interest Rates to 15-year High
In an unexpected move, the Bank of England (BoE) has raised interest rates by 0.5% to 5% in its latest attempt to curb the UK’s…
Landlord News
UK Property Market Predicted to Plummet, Warns Expert
Jonathan Rolande, a leading market analyst from the National Association of Property Buyers, has predicted a sharp decline in UK property values. His troubling forecast…
Landlord News
Housing Market Reacts to First Drop in Average Asking Price This Year
According to Rightmove’s latest House Price Index, the average asking house price experienced its first drop of the year in June, albeit by a slight…
Landlord News
Property Sellers Unfazed by Falling Prices and Rising Mortgage Rates
According to Rightmove, the average asking price for properties dipped by a mere £82 in June, despite the unsettling increase in mortgage rates. Rightmove’s house…
Landlord News
UK Housing Market Faces Severe Downturn, Warns Property Expert
The UK housing market braces itself for a predicted sharp decline in property values, says Jonathan Rolande, a leading market commentator from the National Association…
Landlord News
Potential Mortgage Rate Increase May Trigger More Than Just a Dip in House Prices
May witnessed a minor 0.1% decrease in house prices following a slight uptick in April after seven consecutive months of decline. On an annual scale,…
Landlord News
Zoopla Predicts Worst of House Price Falls Over, Buyers Demand Rebounds
According to Zoopla, the worst of house price declines may be over, with annual growth slowing to 3% and a 1% drop in prices expected…
Landlord News
Landlord Alert: House Price Decline Deepens – Largest Annual Drop in Over a Decade
UK residential property prices have experienced a 3.1% decrease, marking the most significant decline since July 2009. For seven months in a row, house prices…
Landlord News
Sales and house prices continue to fall in January
Buyer enquiries, agreed sales and new instructions remain on a downward trend as tenant demand sees an increase at the same time as landlord instructions…
Landlord News
Outlook uncertain for ‘subdued’ housing market
Mortgage lenders Nationwide and Halifax both had house prices falling last month. The Nationwide monthly house price index showed prices dipping by 1.4 per cent,…
Landlord News
House prices fall in October
House prices fell 0.9% in a month – the first monthly fall since July last year and the biggest since June 2020. Nationwide now puts…
Landlord News
Slower house price growth predicted
House prices fell slightly in September with the market showing further signs of slowing, the Halifax has reported. Its latest index put the monthly fall…
Landlord News
Cooling expectations for house price inflation
A slight fall in the annual rate of house price inflation was detected by the Halifax last month. ‘While house prices have so far proved…
