UK Housing 2024: Price Drop Expected, Rents Rising
As analysts and lenders project a potential downturn in UK house prices and a persistent rise in rents for 2024, the dynamics of the housing market are poised for a significant shift. Let’s delve into the insights and forecasts shaping...
Homelessness Crisis: Councils Spend £1.74 Billion on Temporary Accommodation
The UK faces a record homelessness crisis, with 104,000 households in temporary accommodation. The Local Government Association urges government action to address rising costs and frozen housing allowances, emphasizing the need for sustainable solutions in the Autumn Statement.
UK House Prices Experience Biggest Monthly Rise in Over a Year Despite Ongoing Challenges
With the shortage of available properties in the UK market, the house prices saw a 0.9% increase in the month of October.
UK Housing Market Report Overview: July 2023
The UK's July 2023 Housing Market Report reveals a 0.6% annual price increase, though regional disparities persisted, showing growth in Northern Ireland and varied challenges in English regions. Economic factors like mortgage rates influenced buyer demand, shaping the evolving landscape...
UK Housing Market Witnesses Steepest Annual Price Drop in 14 Years
Amidst a 14-year record drop in UK house prices and market volatility, experts cautiously anticipate a potential softer landing and improved prospects for stability in the property market.
