Nationwide: House prices rise but slowdown expected
House prices swelled by 0.8% in August, but Nationwide said there are signs the housing market is finally starting to lose momentum.
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House prices swelled by 0.8% in August, but Nationwide said there are signs the housing market is finally starting to lose momentum.
Property prices will fall for the rest of 2022 and over the course of 2023, reversing some of the post-pandemic gains, according to Ray Boulger, senior technical manager of John Charcol.
Mortgage lending fell between June and July, potentially spelling the beginning of a slowdown in activity following successive increases to the Bank of England base rate.
Propertymark has urged the Welsh government to make financial support available for homeowners to improve the energy efficiency of the country’s rental stock.
Mercantile Trust has is now offering its bridging proposition in Northern Ireland.
In October the energy price cap will rise by 80% from £1,971 to £3,549 – a fresh blow to those struggling with the rising cost of living.
UK house price growth remained at a high level in July, rising by 8.3% year-on-year, Zoopla’s house price index has found.
‘Bills included’ has become the most popular renter search term as a result of the spiralling cost of bills, Chestertons research has revealed.
Some 23% of homebuyers aren’t even being asked to provide a piece of ID when buying a property, let alone having their ID properly verified, research from Credas Technologies has revealed.
Haringey Council has introduced a selective licensing scheme, meaning landlords who let their properties in the east of the borough to a single family or two unrelated sharers will now be required to obtain a licence from the council.