5 Fact Friday 10 Nov 2023 Mortgage Arrears jump 7% in Q3 2023

Halifax confirms it expects house prices to continue falling until 2025, despite the one month rise in it’s average house price index


RICS survey for October shows buyer demand and sales activity in ‘deeply negative territory’


MHWC provides mathematical proof that house prices go down when the ‘average’ price goes up


RICS again (see link above) shows demand from London tenants turning negative for the first time in years

Homeowner mortgage serious arrears (more than 2.5%) rose 7% in Q3, to 88,000 with 630 repossessions


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