5 Fact Friday – 6 Nov 2026. House Price Crash called even before Bank of England forecasts 5% inflation to return.

The 5 facts hitting the housing market hardest in the last 7 days.

Remember: If you’ve recently rented, bought or sold a home, please report your price to the BestAgent Public House Price Index.

5FF 6th November 2026

1. Bank of England hikes base rate back up to 4%, forecasts inflation to rise from 3.2% now to 5% next year.

They usually understate it. This is extremely bad news.

Source: https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate

2. HMRC confirms September housing transactions missed the usual back to school bounce, making moving more difficult than usual.

Source: https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above/uk-monthly-property-transactions-commentary–2

3. Bank of England set to increase ‘risky’ borrowing multiple from 4.5x salary up to 5x salary, unlocking £200bn of new debt to pump into house prices.

This is the smoking-gun government policy that pushes up house prices by credit expansion, and hurts affordability.

It's not properly reported outside the financial press. It's great for banks. It's bad for borrowers.

You don't solve affordability issues with more lending. pic.twitter.com/vNk8MbI7bB

— Moving Home with Charlie (@moving_charlie) November 2, 2026

Source: https://x.com/moving_charlie/status/2117242265873653991?a=c4OyAmZhJo5LpRUw480&s=20

4. Shock: Savills forecasts 2026 house price falls after years of overstating forecasts.

Something really has changed!

Source: https://www.savills.co.uk/insight-and-opinion/savills-news/396416/uk-housing-market-recovery-expected-to-be-delayed-until-2028

5. This is Money story reports Fred Harrison ‘more than -30% house prices falls’ by 2030.

Source: https://www.thisismoney.co.uk/money/mortgageshome/article-16211909/economist-predicted-housing-crashes-market-value-protect.html

My quotes in the media this week

Property Soup — Higher mortgage lending limits could push up house prices, 4 Nov
“You can’t solve affordability by lending people more money to pay higher prices. Lending more money is what got us here in the first place.”

Property Industry Eye — Bank of England considers major mortgage shake-up amid house price warnings, 4 Nov
“My message to the Bank is simple: lend to more people, but lend them less money.”

This week’s livestreams

The Unexpected Budget Win for the Housing Market. Last week’s 5FF. — Fri 30 Oct

In this market, sellers need the most help. Seller Special Live Q&A — Mon 2 Nov

“House prices to fall more than 30% over next four years” — Wed 4 Nov

Most-viewed this week

X: “Fred Harrison told This is Money he expects house prices to fall by more than 30 per cent over the next four years in a crash that is set to ‘eclipse’ the financial meltdown of 2008, when average prices fell by 19 per cent.” (64,193 views)

"Fred Harrison told This is Money he expects house prices to fall by more than 30 per cent over the next four years in a crash that is set to 'eclipse' the financial meltdown of 2008, when average prices fell by 19 per cent." pic.twitter.com/HQsLQtV0bT

— Moving Home with Charlie (@moving_charlie) November 4, 2026

TikTok: Savills expects house prices to fall by -1.5% in 2027. (955 views)

Instagram: This is the smoking-gun government policy that pushes up house prices by credit expansion, and hurts affordability. (1,435 views)