The six facts hitting the housing market hardest in the last seven days.
- Landlords and agents to be fined £7,000 if they fail to serve this document on tenants before 31 May https://theindependentlandlord.com/renters-rights-information-sheet/
- Mortgage mayhem as 1,500 products pulled https://www.perplexity.ai/page/uk-mortgage-repricing-exceeds-9LYuEOU8Sy.0nLgq1criqA
- UK Factories suffer biggest cost spike since 1992 Sterling crisis – yet more unemployment likely, more downward pressure on house prices https://www.bloomberg.com/news/articles/2026-03-24/uk-growth-slows-and-inflation-surges-amid-iran-war-pmi-shows
- 60% of sellers complain at estate agency contract length and terms – why is no one pushing back?https://thenegotiator.co.uk/news/uk-housing-market-news/home-sellers-say-agency-fees-unfair-in-new-poll/
- ONS Reports Average London House Prices down -1.7% on a year ago, but this is lagged and understates the reality. https://www.bloomberg.com/news/articles/2026-03-25/london-home-values-drop-nearly-10-000-in-a-year-ons-says
- ONS’s lagged, estimated data shows Scotland’s strong house price growth faltering to 1.3%, England at 1.1%, Wales at 2%. Remember, they almost always revise these prices down in the coming months but never report it. https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/privaterentandhousepricesuk/march2026
- The UK economy is hit harder by the war than anyone else, especially the poorest https://youtu.be/WPCPicpMq-c
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