Overall house price growth continues to fall says Home.co.uk
January 12, 2017
Home.co.uk today released their Asking Price Index headlined ‘Home Prices Flatline as Supply Increases’.
They report that overall house price growth continues to fall as we commence 2017, however not all regions registered average home price declines this month, worst monthly falls were in the East of England (-0.6%) and Scotland (-1.1%).
The London market continues to decline and this is impacting negatively on the national average. Greater London slips further into negative territory with prices having lost 1.1% over the last year.
Doug Shephard, Director at Home .co.uk said: “2017 looks set to be a year of mixed fortunes for the UK property market. Sentiment has clearly shifted to the downside”. more…
Read more what Doug Shephard has to say and the Asking Price Index report in full click here
You May Also Enjoy
Homeowners shift mortgage strategy amid economic uncertainty
Middle East conflict prompts Brits to rethink housing plans 27 per cent of homeowners report overpaying on their mortgage to get ahead of potential future interest rate rises 20 per cent of those remortgaging are looking to lock in a new rate as soon as possible in case of future volatility Barclays Mortgage data shows…
Read More Today is the day your rights change: New Renters’ Rights rules now in force for tenants across England
Today marks a major change for tenants across England as the first phase of the Renters’ Rights Act 2025 comes into force, significantly strengthening rights and changing how renting works in practice. From today, the long-standing system of Section 21 ‘no-fault’ evictions ends, meaning tenants can no longer be removed without a specific legal reason.…
Read More Mould Tops List of Bathroom Red Flags For Homebuyers
Mould, Space & Water Pressure: 3 Bathroom Deal-breakers Affecting House Sales This Spring Almost 9 in 10 (88%) Brits say at least one bathroom issue would put them off making an offer on a house. Mould (60%), lack of space (44%), and water pressure (37%) are the top three deal-breakers, with concern intensifying…
Read More 10 Common Carpet Stains and How to Remove Them
Carpets rarely get dirty in one obvious moment. It’s usually something you don’t notice right away. A bit of coffee in the morning when you’re half awake. Someone walks in with slightly wet shoes. Something small gets dropped during dinner and wiped quickly, but not completely. None of it feels important at the time. Then,…
Read More Industry Response to Bank of England Rate Hold
The Bank of England has just announced its decision to hold the base rate at 3.75%. This decision comes as a result of wider economic uncertainty and inflation (CPI) increasing to 3.3% in March and remaining above the Bank’s 2.0% target. Matt Smith, Rightmove’s mortgage expert “A Bank Rate hold is actually positive news…
Read More England’s non-decent homes could fall by 20%, but it will cost £1.43bn
The latest insight from Inventory Base indicates that the number of non-decent homes in England could be reduced by 20% over the next ten years. However, the sector must recognise that even this modest and achievable reduction would come at a substantial cost of £1.43 billion. Inventory Base’s analysis of government data shows that,…
Read More 
