The UK property sales market continues to exhibit positive momentum as various indicators demonstrate an upward trajectory in activity.
The latest data on the UK rental market indicates a significant deceleration in rental inflation, marking the lowest rate in two years.
The average UK rent for new lets has experienced a notable increase, reaching £1,220, marking an 8.3% rise compared to the previous year.
The UK property market is witnessing a resurgence in sales activity, driven by pent-up demand and growing buyer confidence.
The UK's rental market continues to demonstrate resilience and growth, evident in various key rental indices.
The UK property market has witnessed a robust start to 2024, marked by a rebound in sales activity. The market conditions have improved, driven by sub-5% mortgage rates.
The UK rental market has been characterized by a persistent supply-demand mismatch over the past three years, resulting in a substantial increase in rents for new lets.
The property market in the final quarter of 2023 exhibited robust performance, with above-average new sales and a supportive trend in prices. Various factors, including rising incomes.
The UK rental market in November 2023 experienced a slight slowdown, characterized by a monthly decrease of -0.3%. Despite this minor dip, year-on-year rental prices continued their upward trajectory.
Our latest comprehensive report delves into the multifaceted repercussions of this shift, revealing trends in transactions, pricing, and buyer behavior
The market is adjusting to higher borrowing costs, with interest rates held steady at 5.25%.
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