Property supply is now starting to increase across the UK
January 28, 2019
A recent article released on the Mortgage Strategy website reports on the fact that property supply is now at the highest level in four years. The final month of 2018 say an increase of 20% with each agency having a portfolio increase of 7 property on average from 35 up to 42.
The report also highlights that registered buyers are up along with first time buyers though the important part is the sales and this continues to fall on average per branch.
Prices starting to fall, sales down and property supply up is not the greatest combination and will likely continue the current negative news for the UK property industry and price falls across the country.
You May Also Enjoy
Prime London property stock falls 3.4% in Q3
The latest Prime Central London Stock Index by Benham and Reeves has revealed that the number of properties listed for sale at £2m or above fell by -3.4% during the third quarter of 2026, leaving 3,778 prime homes on the market. While Kensington, Notting Hill and Chelsea recorded modest increases in available stock, several established prime…
Read More 
When a chain breaks: how bridging can keep a sale moving
Every agent knows the call. A buyer further down the chain has pulled out or their mortgage has stalled, and a sale you have worked on for months is about to fall apart. Often the person caught in the middle could still buy if they did not have to wait for their own sale. That…
Read More 
Four in ten homes see asking price reduced
More than four in ten homes currently listed for sale across England have already seen their asking price reduced, according to the latest market analysis by eXp UK, with the number of reduced properties climbing by 3.6% since August. eXp UK analysed property listings across England to establish how many have undergone an asking-price reduction.…
Read More 
Breaking Property News 19/10/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Last week Sourced Living began rolling out Genifea across its branches, the platform’s first commercial CRM integration. By Author Andrew Stanton CEO Proptech-PR Andrew Stanton spoke to founder Pragati Dhingra about what the Genifea platform actually does, where AI fits in an estate agency,…
Read More 
Mixed signals in UK construction as contract awards rise, but starts fall
Detailed planning approvals declined 16% against the preceding three months and fell 28% lower than last year, a warning sign for future work. Main contract awards dropped 19% against the last three months but climbed 25% year-on-year, a sign that major schemes are being committed. Project starts took the steepest fall, declining 26% against the…
Read More 
Estate Agents Brace for Rising Compliance Costs
Nearly two-thirds of compliance leaders in estate agencies and property firms expect budgets to increase amid growing pressures Just 6% expect cuts, down from 31% last year, while 63% now work weekly overtime on AML The majority of senior compliance professionals in UK property firms and estate agents expect their budgets and teams to grow…
Read More