According to Halifax, house prices rose to a 15 year high this month at £272,992, despite the recent end of the temporary SDLT reduction.This strong growth may seem surprising since transactions fell to a 9 year low in October 2021.Going forward, it is likely that the pace of growth will slow, in particular through the […]
Thanks to FT Adviser, Financial Reporter and Mortgage Solutions for sharing my thoughts on the latest house price growth figures. With double digit growth in the last month, house prices are now 15% above March last year. Full analysis linked below. House price growth returns to double digits – FT Adviser House price growth rises […]
It’s been an interesting week for the property market, with the latest data showing UK housing transactions declined sharply to a 9 year low following the end of the stamp duty holiday. However, house prices are unlikely to fall any time soon due to supply shortages, and the wide availability of cheap finance. Thanks to […]
Thanks to City AM for sharing my thoughts on a key driver of house prices in the coming years. Construction projects are suffering from a barrage of issues. In the last 18 months, lockdown has inspired a huge rise in homeowners’ desire to upgrade their surroundings through refurbishments and extensions. Meanwhile, Brexit- and Covid-related […]
It’s been an interesting week for the property market, with the latest data showing UK housing transactions were up by 20% in August and the #Evergrande crisis in China raising concerns about the use of debt in some parts of the real estate market. Thanks to the Financial Times, Mortgage Strategy, Property Reporter, Mortgage Finance […]
So honoured that SPI Capital has been shortlisted as a RESI Awards finalist alongside such brilliant companies. Since starting the business, mid-pandemic, it’s been a wild ride… We’re so proud to be supporting such amazing clients to grow their residential portfolios, one year in! Thank you so much Property Week!
Housing transactions fell by 62.8% between June and July 2021, and it’s no surprise or concern. Investors, homeowners, solicitors and banks pushed hard to get transactions done in time for buyers to complete before the end of June to make the most of this temporary relief, creating a bumper month. Check out the full commentary […]
Thanks Financial Times for sharing my thoughts on what’s happened, and what’s next with house prices and the current market. With house price growth significantly outpacing wage growth, some fear a crash – but demand is growing and supply constrained. We need 340,000 new homes up to 2031 and remain well below this, at around […]