It’s getting harder to sell your home.

5FF 10th May 2024 Brit Retail Consortium Figures show Retail sales fell 4% in April Housing Ladder Broken – Building Society Report. London Stock Exchange Red Flag Report Failing Businesses RICS April Survey: Stock Levels Climb, buying interest levels off Bank of England Base Rate held at 5.25% Left out:… Continue reading It’s getting harder to sell your home.

5 Fact Friday 8 March – Great news

5FF 8 March 2024 Jan 2024 Transactions fall 10% on year earlier, 20% on December. 2023 Mortgage Lending lowest in 50 years – UK Finance UK Spring Budget 2024 – CGT Cut from 28 to 24%, Stamp Duty holiday ends, Holiday Lets tax break ends,6.6%20Housing,-Barking%20%E2%80%93%20The OBR: 2026 before house prices rise… Continue reading 5 Fact Friday 8 March – Great news

The Week in Housing: Up, 99, Up, Nothing, Boom.

5FF Feb 23 2024 Rightmove’s “Asking Price” Index Up: Hunt mulling 99% taxpayer-guaranteed mortgage lending Lenders Raise Rates Bank of England nothing burger makes big headlines BestAgent “People’s” open source House Price Index targets overvaluing culprits and beats hackers

The Week It All Changed.

5 Fact Friday – 16 Feb 2024 ONS December House Price Index continues to be confuseless. January Inflation Unchanged Again at 4.2%: GDP – We’re officially in Recession: GDP Per Capita – We’ve been in recession for 2 years already:,Source%3A%20GDP%20first%20quarterly%20estimate%20from%20the%20Office%20for%20National%20Statistics,-Notes Commercial Property Debt Time-bomb close to detonating: Bonus fact, for… Continue reading The Week It All Changed.

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). Zoopla Nov HPI. – 6 year supply high. £18,000 average discounts from asking price. Used car market crashing 4.2% in one month Government botches leasehold reform legislation. New legislation for property listings announced … Continue reading Festive Final Five Fact Friday of 2023

5 Fact Friday 17 Nov 2023

5FF 17th Nov 2023 Job Vacancies fall for 16th straight month Headline Inflation drops to 4.7% but Owner Occupier Housing costs need watching. ONS September House Price Index – prices fall -0.5% monthly and show first annual fall in average UK price since 2012 ONS October Retail Sales fall -0.3% – We’re paying… Continue reading 5 Fact Friday 17 Nov 2023

5 Fact Friday 10 Nov 2023 Mortgage Arrears jump 7% in Q3 2023

Halifax confirms it expects house prices to continue falling until 2025, despite the one month rise in it’s average house price index RICS survey for October shows buyer demand and sales activity in ‘deeply negative territory’ MHWC provides mathematical proof that house prices go down when the ‘average’ price goes up RICS… Continue reading 5 Fact Friday 10 Nov 2023 Mortgage Arrears jump 7% in Q3 2023

5FF 20 Oct 2023 2. Rightmove October Index – Asking Prices down -0.8% yoy 3. Buy to Let party for 70%+ LTV is DEAD. -Savills 4. ONS Land Registry House Prices RISE +0.2% yoy 5. Inflation stops falling. Stays at 6.3% (OOH up to 5%) 6. Knight Frank to lay off up to 300… Continue reading 5FF 20 Oct 2023

“It’s carnage.” 5 Fact Friday 6 Oct 2023

Charlie and baby daughter Daphne

Video of this: podcast: Confused mortgage comparison site says average house prices will fall £50k in 2024. Nationwide BS. Yoy unchanged -5.3% Rightmove rents Roof falls in on house building as interest rate rises slash demand Halifax September House prices yearly falls accelerate