Price Pressure – The Cities with the Lowest and Highest Rents
26th September 2024
- House prices edged up 0.3% in August, with annual growth rising to 4.3%, the fastest pace since late 2022. However, this is partly due to the comparison with weaker growth this time last year.
- Buyer confidence has been boosted since the Bank of England rate cut at the beginning of August and mortgage rates trending downwards. 37% of property professionals expect sales prices to increase in the next 3 months, with 1.4% house price change now predicted through 2024, up from -2.2% this time last year.
- However price growth is likely to remain constrained by affordability, which remains a significant challenge for many potential buyers.
Source: Dataloft by PriceHubble (poll of subscribers), Halifax, HM Treasury Average of Independent Forecasts
Preparation for the next renting season
26th September 2024
Although it may seem as if new tenants have only just moved in, the next renting season is already on…
Employee of the Month – September
26th September 2024
Our EOTM this month is one of our dedicated Property Managers – Parisa Salehi! With the upmost professionally, Parisa is…
Strongest Growth in House Price
26th September 2024
House prices edged up 0.3% in August, with annual growth rising to 4.3%, the fastest pace since late 2022….