The five facts hitting the UK housing market hardest in the last 7 days. IFA magazine cites major housing crisis indicators worsening https://ifamagazine.com/10-years-on-britains-housing-crisis-deepens-leasehold-and-stamp-duty-concerns-soar-and-aspiration-to-own-hits-rock-bottom/ Small housebuilders to get big planning boost https://www.bloomberg.com/news/articles/2025-05-27/uk-to-cut-planning-hurdles-for-small-builders-in-housing-push https://thenegotiator.co.uk/news/regulation-law-news/angela-rayner-pledges-to-level-the-playing-field-for-smaller-house-builders/Average home selling for 16k less than asking https://www.theguardian.com/money/2025/may/28/uk-homeowners-selling-less-asking-price-survey-zooplaZoopla House Price Index https://www.zoopla.co.uk/discover/property-news/house-price-index/Prize winning overvaluing by Foxtons https://www.foxtons.co.uk/properties-for-sale/se8/mwhl0340958 Treasury publishes mortgage guarantee scheme stats… Continue reading 5 Fact Friday – 30 May 2025
Category: 5 Fact Friday
House Price Drop Cover Up: 5 Fact Friday – 23 May 2025
The five facts hitting the UK housing market hardest in the last 7 days. Bank of England warns no more rate cutshttps://www.independent.co.uk/news/business/interest-rates-rise-inflation-bank-of-england-b2754327.html Rightmove indicates weakening asking priceshttps://www.rightmove.co.uk/news/content/uploads/2025/05/Rightmove-HPI-19th-May-Final-No-Embargo.pdf 27% rise in complaints against agentshttps://thenegotiator.co.uk/news/regulation-law-news/significant-rise-in-complaints-about-estate-agents-revealed/ Inflation rises due to energy cost increaseshttps://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/april2025 Government borrowing overshoots againhttps://x.com/moving_charlie/status/1925449993231413308?s=46 Net migration drops 50%https://x.com/ons/status/1925469548678975580?s=46Stock surge causes increase in price reductionshttps://www.propertyinvestortoday.co.uk/breaking-news/2025/05/price-reductions-increase-as-housing-market-suffers-supply-surge/
All signs point to a weakening UK housing market.
5 Fact Friday – 7th March 2025 5FF March 7th Landlord selloff jumps 50% in January compared with 2024. https://www.thisismoney.co.uk/money/buytolet/article-14447891/More-landlords-properties-sale-thanks-tougher-regulations-taxes.html Under offer median price drops £15k Number of new homes given go ahead last year was lowest since 2014 (Labour will miss target) https://archive.ph/g7MyH Bank of England mortgage approvals 24% lower than reported. https://www.bankofengland.co.uk/statistics/tables#:~:text=A5.4%20%2D-,Approvals,-for%20lending%20secured Halifax… Continue reading All signs point to a weakening UK housing market.
5FF 4 October 2024
The five facts hitting the UK housing market hardest in the last 7 days – 4 October 2024 Charlie LamdinOctober 04, 2024 • Estimated Reading Time: 11 minutes 5 Fact Friday The latest insider intel on UK housing market from Charlie Lamdin Happy Friday ! Thank you for subscribing to my newsletter. Thanks to the thousands of… Continue reading 5FF 4 October 2024
5 Fact Friday 20 Sep 2024
It’s getting bleak. After today, 5 Fact Friday will be by newsletter only! Be sure to sign up. Fact 1: ONS is always OTT Fact 1: Research by my followers, in particular Otta Property, shows that ONS House Price Index initial publication gets revised, but its own figures show that it’s ALWAYS revised DOWN, and… Continue reading 5 Fact Friday 20 Sep 2024
Mortgage Approvals Jump to highest in 2 years
Five Fact Friday 30 Aug 2024 Zoopla HPI shows 7 year record high listings and sale delays for price droppers https://assets.ctfassets.net/02vwvgr6spsr/5w99HETUtORhsbw5XOIVBj/69ec7d1266bcde10d4680b4994fe8f37/HPI_Aug_2024_-_ZP.pdf Nationwide reports small fall in average mortgaged transaction index value (aka ‘house prices’) ONS Housebuilding Data shows Q1 Housebuilding at 50% of gov target https://www.ons.gov.uk/peoplepopulationandcommunity/housing/datasets/ukhousebuildingpermanentdwellingsstartedandcompleted UK House Prices Post Surprise Fall Despite BOE Rate… Continue reading Mortgage Approvals Jump to highest in 2 years
Mortgage wars, falling rents, the week in housing.
5FF – 23 Aug 2024 House values are currently at 2003 levels. Nationwide. https://rationanalytics.com/uk/house-prices-inflation-adjusted Rightmove Average Asking Prices fall between £700 and £15,000 in August https://www.rightmove.co.uk/news/content/uploads/2024/08/Rightmove-HPI-19th-August-Final.pdf Rents Start Falling https://www.zoopla.co.uk/discover/property-news/rents-start-falling-in-major-cities Rachel Reeves the Rent Raiser Mortgage rate cutting war hots up https://www.standard.co.uk/business/mortgage-price-war-nationwide-hsbc-natwest-b1177737.html
Weekly housing market update 16th August 2024
5 Fact Friday 16 August 2024 Rayner scraps Tory plans to prioritise British citizens for social housing https://www.telegraph.co.uk/politics/2024/08/10/angela-rayner-social-housing-migrants-drop-restrictions Q2 Mortgage claims for possession jump 34% from the same quarter in 2023. https://www.introducertoday.co.uk/breaking-news/2024/8/dramatic-rise-for-mortgage-possession-claims–government-data Monthly jobless claimant count spikes to highest level since 2009 https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/august2024 National average time for sellers to find a buyer rises to 72… Continue reading Weekly housing market update 16th August 2024
A mixed bag for housing – 5FF 9 August
Five Fact Friday 9 August 2024 Bloomberg reports signs of a house price recovery https://www.bloomberg.com/news/newsletters/2024-08-08/there-are-tentative-signs-of-a-uk-house-price-recovery Halifax average purchase price of its mortgage business rises 2% year on year https://www.halifax.co.uk/assets/pdf/july-2024-halifax-house-price-index.pdf RICS says “outlook brightening” https://www.rics.org/news-insights/market-surveys/uk-residential-market-survey Zoopla “20 minute offer” survey article https://www.bbc.co.uk/news/articles/credj9geenno Persimmon New Build Forecast Improves Link to Zoopla boss’s post on the end of… Continue reading A mixed bag for housing – 5FF 9 August
Weekly housing market update 2nd August 2024
5 Fact Friday – 2 Aug 2024 Rental market cooling quickly with supply up 14% and demand down 16%. https://hub.rightmove.co.uk/rental-price-tracker https://hub.rightmove.co.uk/content/uploads/2024/07/Rental-Trends-Tracker-Q2-2024-FINAL.pdf Labour doubles down on housebuilding claims. https://www.theguardian.com/society/article/2024/jul/27/angela-rayner-plans-tackle-tory-housing-legacy-scandal Zoopla boss says BTL no longer makes financial sense https://www.telegraph.co.uk/business/2024/07/27/private-landlord-britain-no-financial-sense-boss-zoopla June Mortgage approvals fall 3.5% https://www.bankofengland.co.uk/statistics/money-and-credit/2024/june-2024 Zoopla July HPI shows different property types have different price movements… Continue reading Weekly housing market update 2nd August 2024