Numbers of new sales instructions jump 11% across the UK according to Home.co.uk

December 12, 2017

Latest Home.co.uk Asking Price Index report December 2017 released today headlines ‘Sales Supply Jumps as Rental Supply Falls.’

The headline section leads: The number of new sales instructions has jumped by 11% across the UK while the supply of rental properties has fallen by 16% (Nov 2017 vs. Nov 2016).

The report reveals that the London slump continues to weigh heavily on the national annualised growth figure, looking across the regions Home.co.uk continue to observe a complex mix of both improving and deteriorating markets.

Doug Shephard Director at Home.co.uk said: “So is the Private Rented Sector a large enough segment of the market that an exodus from Buy-to-Let could topple the housing market?

” Well, the sector has grown to around 20% of residential property ownership, so it’s certainly significant. Moreover, should the average landlord decide to sell one of every four properties in their portfolio in 2018, there would be 1.4 million more properties for sale. Such a number would clearly swamp the market (there are 0.4 million on sale currently) and cause home prices to crash.

“Of course, this is a vastly ‘overcooked’ scenario but it serves to make a point. Any sort of BTL exit will tip the market to the downside and the UK government should be monitoring the situation very carefully. Why? Because such a risk to the housing market would imperil the banks (again) and the wider national economic interest, especially post-Brexit.” more…..

Read the Home.co.uk Asking Price Index report December 2017 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agents should not all look the same
Estate Agent Talk

Building Trust, One Step at a Time

The latest Ipsos Veracity Index reveals that trust in estate agents has reached its all-time-high since they were first included in the survey, with 37% of the public expressing confidence in 2024 compared to just 28% the previous year. But there’s still more to be done to keep on the upward trend according to property…
Read More →
Breaking News

Breaking Property News 11/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X. 10 critical fixes for Estate Agent websites How AI search is reshaping the Web With ChatGPT, Gemini and XAI now answering property questions that once went straight to Google, estate agents face a new digital battleground. AI search is reshaping how buyers, sellers, landlords and tenants…
Read More →
How to add value to your home
Estate Agent Talk

Investing in Property: A Smart Move for Long-Term Financial Growth

In a world of fluctuating markets and uncertain economic trends, property investment remains one of the most stable and reliable ways to build long-term wealth. Whether you’re purchasing your first home, a rental unit, or commercial space, real estate continues to offer numerous advantages that set it apart from other types of investments. This article…
Read More →
How to help out hoarders
Estate Agent Talk

Neighbourly nightmares: One in three Brits face next-door disputes

New research from Rightmove reveals that over a third of Brits (36%) admit to having had an argument with their neighbour Top annoyances are noisy neighbours (78%), parking spot poachers (71%) and curtain twitchers (70%) Neighbour behaviours deemed the biggest red flags are asking for your Wi-Fi password (87%) and letting bins overflow (71%)  …
Read More →
Breaking News

Breaking Property News 07/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Interest rates cut to 4%, inflation expected to rise to the same figure The Bank of Engaland after two ballots approve 0.25% cut in rate to 4%, but inflation is double target figure In what is the fourth rate cut since Labour came into power…
Read More →
Breaking News

1 in 5 private rented homes could be illegal

More than one in five private rented homes in England currently fail to meet the Decent Homes Standard (DHS). Analysis from Inventory Base suggests that these properties would be illegal to rent should the proposed extension of the DHS within the Renter’s Rights Bill (RRB) pass into law. The DHS is a government-issued minimum standard…
Read More →