Lloyds predicts a 5% fall for house prices this year
Major mortgage lender Lloyds and top-end buying agency Black Brick are both predicting a fall for property values as a result of the Coronavirus pandemic.
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Country homes valued at £5m+ saw average prices surge by 7.3% in Q1, taking the annual rate of price inflation to a blistering 15.8%.
House prices likely to rise further as supply falls again – RICS
Faltering supply continues to underpin house price inflation across the UK, reports the Royal Institute of Chartered Surveyors.
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