House prices facing long term decay?

5 Fact Friday 3 May 2024

March Mortgage approvals rise

https://www.bankofengland.co.uk/statistics/money-and-credit/2024/march-2024

April Nationwide Index Price Falls -0.4%

https://www.nationwidehousepriceindex.co.uk/reports/april-sees-slowing-in-annual-house-price-growth

BoE Net Lending continues to contract

https://www.bankofengland.co.uk/boeapps/database/fromshowcolumns.asp?Travel=NIxSUx&FromSeries=1&ToSeries=50&DAT=RNG&FD=1&FM=Jan&FY=2014&TD=31&TM=Dec&TY=2024&FNY=&CSVF=TT&html.x=111&html.y=29&C=KN2&Filter=N

House Price Decay may be a long term trend as real values have fallen 11% already

https://www.newstatesman.com/business/2024/05/housing-market-house-price-crash

EPCs often wrong, need overhaul – Which?

Home EPC ratings ‘often wrong’, consumer group claims

Probate delays rising 

Probate delays surge: A 65% rise in year-long cases