Lloyds tweaks house price forecasts, anticipating ‘more modest’ declines in 2024
'We expect house prices to fall between 2% and 4% this year,' says Britain’s biggest mortgage lender.
‘The outlook has become more positive’: Knight Frank hikes UK house price forecasts
Top-flight housing market analysts have dramatically raised their expectations for house price growth this year, revising the 2024 forecast up from a -4% drop to a +3% increase.
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.
Lloyds reins-in house price slump expectations
Lloyds Banking Group now expects average UK house prices to end 2023 5.6% lower than they started the year, with a 'best case scenario' of -3.3% and a 'severe downside scenario' of -9.3%.
Most read
Savills launches London-based Spanish desk
Maria Santurio to lead new hub connecting global clients with key markets across Spain.
High-end estate agency opens Cotswolds HQ
Boutique firm expands with flagship base in Oxfordshire hotspot.
Fund snaps up Foster + Partners scheme in major Mayfair swoop
The £1.1bn investment play includes a key development site between Barlow Place and Grafton Street, along with a high-profile Grosvenor Square hotel.
A Reflection of Change: Harry Dawes on how PCL agency has evolved
A seasoned London agent reflects on market cycles, career paths and the rise of alternative models.
Boutique comms team picks up St John’s Wood Square brief
Ebury Comms to lead global communications for 5.5-acre super-prime project in NW London.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
In Pictures: Canal-side mansion in Little Venice seeks £16.5mn
Grade II listed stonker on Blomfield Road is the complete package, say agents.
Interview: Phillippa Dalby-Welsh of Savills on sentiment, stock & strategy in the prime country market
Inside the latest client trends beyond the capital - and how the agency's country house team is constructing deals in a patchwork landscape.
Jennings steps up to lead Chestertons’ resi business
Adam Jennings has been promoted to Head of Residential, in charge of the London estate agency's sales & lettings teams.
Battersea Power Station logs £30mn in early-2026 reservations
Development team reports renewed activity as marquee Sky Villas secure buyers.
LATEST ARTICLES
Forbes Gilbert-Green lands Property Vision veteran Connell
Seasoned London buying agent joins boutique private client firm after two decades at PV.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
Jennings steps up to lead Chestertons’ resi business
Adam Jennings has been promoted to Head of Residential, in charge of the London estate agency's sales & lettings teams.
AI is not a mind reader: A buying agent on the importance of instinct
Algorithms can filter listings, but they can’t read hesitation, navigate emotion or negotiate an off-market deal, says Katie Neale.
Major US brokerage to make MIPIM debut amid global push
Douglas Elliman to hold Cannes meetings as it eyes further international tie-ups after France and Monaco expansion.