Economics
Leading economists expect ‘decade-low’ mortgage growth into 2024
'As mortgage rates reach their highest since 2008, economic growth remains subdued and weakening housing market sentiment drives down demand,' says the EY ITEM Club in its latest forecast.
Currency Matters: Chart analysis suggests we could see a property market bounce as early as February
Applying the kind of long-term analysis used in the financial world indicates the UK housing market is approaching a pivotal moment, explains David Huggett...
Property prices to bottom-out in 2024, predicts JLL
Property firm expects 'a gradual improvement in the economy' and highlights 'a positive outlook for the residential sector' - despite a 'significant undersupply of homes' that's set to 'worsen further'…
Tom Bill: Election countdown begins for UK housing market
Discussions around support for buyers, stamp duty cuts and the Renters Reform Bill are becoming more hypothetical as the general election approaches.
House prices to continue falling through 2024, predicts Lloyds
Average property values will be 7% lower at the end of 2024 than at the start of 2023, says major mortgage lender.
Labour’s UK housing plans welcomed, but beware of soundbites and simplification
Developers have responded positively to Keir Starmer’s pro-development rhetoric, but political aims will need to square with economic reality, says Tom Bill.
The 30-Year Perspective: Hugh Obbard on three decades of property market ups & downs
While the world has changed beyond recognition in many ways since 1994, it remains surprisingly similar in others, writes Hugh Obbard.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from HMRC, Zoopla, Strutt & Parker, Benham & Reeves, Propertymark, Savills & more...
Ollie Marshall: Peaks, plateaus & safety nets
Buying agent Ollie Marshall surveys the economic landscape as hopes rise that we may have finally reached the end of this tightening cycle.
Inheritance Tax: IFS proposes major reform, including scrapping ‘special treatment’ of homes
Inheritance Tax payments will more than double over the next ten years, suggests the Institute for Fiscal Studies, as it pitches a significant rejig of the death tax regime.
Currency Matters: Interest rates are old news – what now?
PCL has once again gone ‘on sale’ due to a near-term tumble for GBP, reports David Huggett.
Election 2024: Prime property sector sees “cause for optimism” in the prospect of a Labour government
'The likelihood of an incoming Labour government no longer feels like a massive threat to prime property markets in London and the country,' says Middleton Advisors.