UK Property market is set to tumble?

Is has been booming of recent hasn’t it – The UK housing market I am on about… Prices rising, rising and rising and all on the foundations of buy to let investments and increased population increases, added to of course by somewhat open boarders from the current government. Though, even if you have been more assured of house prices rising that Red Rum winning the Grand National, is it all about to now tumble as Brexit fears increase, a clean and no deal Brexit that is  ie what many people voted for??

Yes of course, read the small print or the *’s and you will see that house prices are not falling all over that UK and instead it is simply the increase of prices that are declining mostly (hardly falling is it?), though London recently and North East show declines… Isn’t it usually when London sneezes then the rest of the UK will sooner rather than later catch the cold?

A full report on London house prices falling at their fastest rate since 2009 can be read on the Daily Mail Online here: http://www.dailymail.co.uk/news/article-6062573/House-price-growth-slows-lowest-rate-five-years-market-continues-cool-down.html

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Letting Agent Talk

How Letting Agent Software Can Streamline Your Rental Management

Managing rental properties has evolved far beyond the traditional approach of paperwork, phone calls, and manual record-keeping. Today’s letting agents face increasing complexity in their operations, from navigating ever-changing regulations to meeting heightened tenant expectations while maintaining profitability. The modern rental management landscape demands efficiency, accuracy, and responsiveness that manual processes simply cannot deliver at…
Read More
small house bird box
Breaking News

UK First Time Buyers better off than many other global nations

Is it really that bad being a first-time buyer? UK better off than many other global nations when it comes to affordability The latest market analysis from Yopa, the full-service estate agents, reveals that first-time buyers (FTBs) in the UK may be paying 63% more to get a foot on the property ladder than they…
Read More
new build homes colchester essex
Breaking News

Building Safety Regulator Reform

The Government has announced reforms to the Building Safety Regulator, including leadership, process and investment. The changes are hoped to deliver 1.5 million homes. The reforms pave the way for creation of a single construction safety regulator, as recommended by the Grenfell Tower enquiry. David Smith, property litigation partner at London law firm Spector Constant…
Read More
Breaking News

New anti-money laundering rules now in effect: what landlords need to know

New anti-money laundering (AML) rules came into effect this month, marking a significant change for landlords and the lettings industry as a whole. The new rules mean financial sanctions checks are now required for all lettings, regardless of how much rent is charged. Here, Steve Bond, managing director of residential lettings for Beresfords, explains what…
Read More
Breaking News

What landlords need to know about the upcoming Renters Rights Bill

The government’s long-awaited Renters Rights Bill is one of the most significant overhauls of the private rental sector in decades. While it has not yet received royal assent, the legislation is expected to come into effect late this year, or early in 2026. With the bill moving closer to becoming law, Steven Bond, managing director…
Read More
Breaking News

Mortgage approvals bounce back in May

The latest figures show that: – Mortgage approvals on house purchases for May sat at 63,032 up 3.9% from 60,656 in April. The monthly increase seen in May marks the end of four months of previous decline, with approval levels having fallen each month since January of this year. Approvals are also 2.5% higher than…
Read More