Here are the links to the 5 facts from today’s Five Fact Friday videos. 1. Halifax House Price Index turns negative: https://www.halifax.co.uk/assets/pdf/may-2023-house-price-index.pdf2. RICS: “Storm clouds gathering” https://www.rics.org/content/dam/ricsglobal/documents/market-surveys/uk-residential-market-survey/May%202023%20UK%20Residential%20Market%20Survey.pdf 3. Nationwide, Halifax and HSBC raise rates/pull products https://www.forbes.com/uk/advisor/mortgages/2023/06/08/mortgage-updates/4. Mail Online reports 22% asking price gap using Rightmove v BestAgent data. https://www.thisismoney.co.uk/money/mortgageshome/article-12168341/amp/Asking-prices-22-higher-homes-sold-estate-agents-overvalue.html5. Moody’s (and Capital Economics) downgrades UK… Continue reading It’s 5 Fact Friday! Plus: Why are you so negative Charlie?
Sunday Evening Thoughts on UK Housing. I hope you’ve all had an enjoyable weekend in the sun. I’ve had a thought that I hope will help people on any side of the debate (or anyone thinking of moving who’s just confused) to understand what is happening. The term “house prices” is like the word “love”:… Continue reading Thoughts on changes in 2023 UK Housing Market