Weekend news shows UK House Price Falls

October 8, 2018

“UK house prices post biggest fall since April as mortgage approval rates rise.”

Alongside headlines such as ‘Average house prices cool‘ it has certainly been a few days of news to interest would be buyers and especially those outside owning their own property and likely to be sat in rented waiting for prices to fall. Of course, countdown to Brexit is very much one some people’s mind from fear that it may effect the UK music industry magically made up by Bob Geldoff to Lloyd’s CEO, Inga Beale, revealing news that the company was investigating moving insurance contracts over to Brussels to lessen the effect of Brexit – There is also great fear that Brexit in full will have an effect on UK house prices due to decrease of immigration and fear that London’s inflated house prices and foreign investors will start to see price falls and thus a chain reaction across the country.

These include drug, fuel and energy shortages as well as the collapse of the pound, a drop in house prices and businesses relocating… Quotes from Sunday Express re May and her Brexit talks

Though of course, reading the small print as many of us should always do, we can read it with less fear if you are a home owner / investor as the annual growth still shows a positive figure. House building is still no where near where it should be and demand for property is very high – Though a recent report I released showed that many sellers of property have had to acclimatise their expectations on valuation with many property prices being reduced in order to attract buyers. Is it just a time where the market is going to slow down, small price adjustments and then things will kick off once again and another price hike of UK property will emerge once again?

Still very much a market suited to home owners, but could this soon change? Scare tactics based on no strong foundations maybe?

 

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Rental price and average salary tracker – March 2026

Rents Plateau, But UK Market Tells Regional Story Significant comparisons include across Scotland where average agreed rents rose to £1,123, representing a 4.95% increase month and month across the nation. Northern Ireland saw the second largest average monthly rents rise, bringing an increase of 3.99% to an average agreed price of £887 compared to £853…
Read More →
Breaking News

Breaking Property News 9/4/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Why Rightmove is making all the wrong moves   In a world reshaped by AI, incumbency is no longer protection. It is exposure. Thought Leadership By Andrew Stanton, CEO Proptech-PR Rightmove has long been the unassailable giant of UK property portals—a category-defining platform that, for years, operated…
Read More →
Breaking News

Six property firms expelled from redress scheme

Six property businesses have been expelled from The Property Ombudsman after failing to pay compensation awards. The expulsions followed a review by the scheme’s independent Compliance Committee, which agreed that each firm should be removed for breaching their membership obligations by not complying with Ombudsman decisions. The Property Ombudsman, which provides impartial dispute resolution for…
Read More →
Home and Living

Best garden renovations to increase property value this spring

With spring fast approaching and warmer weather finally in sight, now is the perfect time to step outside and give your garden the well-deserved TLC and refresh it needs after such a wet and dreary start to the year. Whether it’s refreshing planting beds, updating patio areas or rethinking your layout, investing time into your…
Read More →
Breaking News

Prime London property market stays firm

The latest Prime London Demand Index by London lettings and estate agent, Benham and Reeves, reveals that, despite broad economic uncertainty, buyer demand across London’s most prestigious neighbourhoods avoided a decline during the first quarter of 2026, with the likes of Chelsea, Battersea, Highgate, and Belgravia seeing quarterly demand increases of above 5%. The Prime…
Read More →
Breaking News

More first-time buyers enter the market in 2026

The latest research by Yopa has revealed that first-time buyer demand has strengthened during the first quarter of 2026, despite the supply of homes offering the benefit of a buying scheme remaining limited. Yopa analysed first-time buyer demand based on the proportion of homes listed under buying schemes* that have already sold subject to contract…
Read More →