Rightmove house price index for December 2018 shows that asking prices are still falling at a significant rate – down 1.5%, equivalent to a drop of £4,496 for the average property. The fall the previous month was 1.7%, giving a drop of 3.2% (or £9,719) over two months, the biggest two month fall since the same time of year in 2012.
The general view of the whole Brexit circus is one of doom, gloom, anger and dissatisfaction. But could there be a silver lining for house prices? Are we set for a Brexit property boom?
Falling asking prices can be a tell-tale sign of an impending drop in house prices and falling asking prices are exactly what the Rightmove House Price Index for November 2018 has revealed.
You heard the one about the people who own a property but are living in rental accommodation? Why are they paying good rent to a landlord?
Something a bit worrying is happening in the housing marketing and we are not hearing a lot of noise about it – however it is potentially a cause for serious concern.
Micro flats are increasingly being talked about as one of the multiple solutions needed to address housing shortages up and down the country.
There is justifiable talk that builders and developers are getting closer to their “Uber moment” – with the threat being modular or factory built homes.
What’s not to like about the Help to Buy equity loan scheme?
In the quarter ending September 2018, the number of private house starts in the capital fell by around 50% – 3,655 compared to 7,153 in the previous quarter. The steep slowdown was revealed by researchers Molior and the starts total was the lowest since 2012.
For buy to let landlords, Philip Hammond’s autumn budget on the 29th October threatened to administer a nasty bite…but in the end it was little more than a feeble bark.
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