5FF 20 Oct 2023

1. Recession warning: the UK is undergoing the steepest rise in unemployment in the developed world

https://www.bloomberg.com/news/articles/2023-10-14/uk-jobs-market-has-one-recession-warning-signal-flashing-red

2. Rightmove October Index – Asking Prices down -0.8% yoy

https://www.rightmove.co.uk/news/content/uploads/2023/10/Rightmove-HPI-16th-October-Final.pdf

3. Buy to Let party for 70%+ LTV is DEAD. -Savills

https://x.com/luciancook/status/1713856335337476129?s=46&t=qGtk0CnhZbr405E5nhNA0w

4. ONS Land Registry House Prices RISE +0.2% yoy 

https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/housepriceindex/august2023

5. Inflation stops falling. Stays at 6.3% (OOH up to 5%)

https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/latest

6. Knight Frank to lay off up to 300 UK staff. 

https://www.costar.com/article/687488711/knight-frank-begins-redundancy-consultation-with-uk-staff