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
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 
Agents face growing stock backlog as slower market leaves more homes unsold
The latest research by GetAgent has revealed that estate agents are facing a growing backlog of unsold homes as the proportion of stock being converted into sales has fallen across almost every region of the market over the last year. GetAgent analysed current sales turnover rates across the market, measuring the number of homes…
Read More 
Renters’ Rights Act – What landlords should do now
On 1st May 2026, the first raft of measures in the Renters’ Rights Act (RRA) come into force in England. Here are the key changes to be aware of and steps landlords need to take: Periodic ‘rolling’ tenancies will replace fixed-term tenancies. The common minimum six or 12-month commitments will disappear, and tenants will…
Read More