economy
Brexit means slower house price growth and sales in UK over coming years
Economic uncertainty is set to trigger two years of very low house price growth in the UK but an extension of the low interest rate environment will prevent a price correction, says new research. Mainstream house price growth is expected to remain flat over the next year to 18 months, growing just 2% by the […] The post Brexit means slower house price growth and sales in UK over coming years appeared first on PropertyWire . Continue reading →
UK property growth was flat in October, latest index data shows
The annual rate of house price growth in the UK slowed to 4.6% from 5.3% in October with values flat month on month, the latest national housing index shows. The Nationwide index says this take the average price of a home to £205,904 and suggest that the introduction of a 3% stamp duty surcharge on […] The post UK property growth was flat in October, latest index data shows appeared first on PropertyWire . Continue reading →
UK housing market expected to be strong and active throughout Brexit process
The path towards Brexit will dictate what happens in the UK housing market over the next few years but it is expected to remain reasonably strong and active, according to a new analysis. There may be some turbulence along the way with article 50 to be enacted by march 2017 and the country set to […] The post UK housing market expected to be strong and active throughout Brexit process appeared first on PropertyWire . Continue reading →