A fall in house prices is expected, which may provide a fresh opportunity for landlords. As we head towards the second half of 2022, Rightmove is predicting a likely fall in house prices. The portal’s latest monthly snapshot showed another record high for the average asking price, but Rightmove is warning that after a very …
The stock of homes is beginning to increase, showing clear signs that the frenzied housing market is beginning to slow. The housing market hit a fever pitch while we enjoyed the stamp duty holiday during the pandemic, but the current cost-of-living crisis and rising mortgage rates are starting to impact the housing market. Nationwide released …
The number of properties being sold ‘off market’ has increased in recent years, especially in the capital, according to a leading UK estate agent. Selling off market has often been used more in prime parts of the country, such as central London. Keeping prices private and concerns over pricing are the primary motivation for most …
How have house prices transformed since the Queen’s Coronation? UK house prices have risen by an impressive 336% since the Queen’s coronation in 1953 (once adjusted for inflation). On 2nd June 1953, the day Queen Elizabeth II took to the throne, the average UK house price was just £1,891, equivalent to £63,511 today, when taking …
Property prices are up by 2.1%, a fourth consecutive monthly record. The average price of property coming to market is £367,501, putting prices £55,000 higher than pre-pandemic, according to the latest data released by Rightmove. Prices last scaled these heights at this time of year in 2014, according to data by Rightmove. In the two …
There’s a lot going on in the UK housing market at the moment, are you up-to-date? Property prices remain sky high, houses are being snapped up ‘within hours’ to be used as holiday lets (creating local tensions) and the government has introduced a multi-million-pound finance package to encourage the building of new homes. Let’s break …
We all know prices are rising. With the cost of living rising, along with the Bank of England base rate, it’s natural that people are looking for cheaper lifestyle alternatives. While many people are finding ways to get on the ladder the traditional way, including buying with friends, doing their research and even just saving …
UK property prices have begun to soar at unprecedented rates – with the highest growth rate since May 2016. Current asking prices in the UK have risen at a peak annual rate and continue to boom despite some very rocky roads in the past couple of years. These include the end of a temporary tax …
You might have seen a little piece of news towards the end of 2021 where Facebook changed its company name to Meta. This is, of course, in reference to the metaverse, which in itself is a broad shift in how we refer to technology. Confused? Don’t worry, because all that really matters at the moment …
Buying and selling bricks and mortar is a year-round business, which means the UK property market barely gets a chance to breathe. The Mashroom office has been involved with completions on Christmas Eve, in the height of summer, and just about any other time of the year that you can think of. With house prices predicted to rise in …
