Everything’s Fine! No. No it’s not.

please no not again

Five Fact Friday –  9 Feb 2024 House Prices Up! *NOT* https://www.halifax.co.uk/media-centre/house-price-index.html RICS – “The worst is over!” *NOT* https://www.rics.org/content/dam/ricsglobal/documents/market-surveys/uk-residential-market-survey/January-2024_RICS-UK-Residential-Market-Survey.pdf Mortgage Rates UP. https://www.forbes.com/uk/advisor/mortgages/2024/02/08/mortgage-updates/ Mortgage Arrears UP. https://www.ukfinance.org.uk/news-and-insight/press-release/mortgage-arrears-and-possessions-figures-q4-2023 Valuation Requests Record High https://www.rightmove.co.uk/news/articles/property-news/home-valuations-hit-new-record/

Festive Final Five Fact Friday of 2023

5FF 1 Dec 2023 Fact 1: Bank of England October Mortgage approvals up. (They couldn’t have got much lower).  https://www.bankofengland.co.uk/statistics/money-and-credit/2023/october-2023 Zoopla Nov HPI. – 6 year supply high. £18,000 average discounts from asking price. https://www.zoopla.co.uk/discover/property-news/house-price-index/ Used car market crashing 4.2% in one month  https://cardealermagazine.co.uk/publish/used-car-price-crash-continues-with-trade-values-falling-4-2-again-in-november/293687 Government botches leasehold reform legislation.  https://www.thetimes.co.uk/article/bill-to-ban-leaseholds-doesnt-ban-leaseholds-ministers-admit-g9mvh27dw New legislation for property listings announced … Continue reading Festive Final Five Fact Friday of 2023