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.
By PrimeResi
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.
By PrimeResi
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%.
By PrimeResi
Companies in this article
Lloyds BankMost read
DDRE unveils ‘next-gen’ advisor platform & big expansion plans
Daniel Daggers' top-end property firm is looking to add 70-100 new advisors by the end of 2026.
Buyer sought for £100mn-GDV luxury resi project in Mayfair
Agents are expecting global interest in the ‘oven-ready’ development opp on Upper Grosvenor Street.
Bond-themed triplex at Twenty Grosvenor Square seeks £25k per week
In Pictures: 5,750 sq ft trophy apartment goes up for rent at Four Seasons-branded scheme in Mayfair.
UK Sotheby’s International Realty appoints new Ops Director
New recruit 'brings a proven track record in high-value transactions & operational ingenuity,' says super-prime brokerage.
By PrimeResi
Former CBRE resi chief Collins joins Kingdom
Mark Collins is now a Non-Exec Director at Raihan Jumah & Obaida Al-Ghazawi's property consultancy.
By PrimeResi
New sales & marketing boss at The OWO Residences
Alex Rusling will be leading sales & marketing activities at the super-prime Raffles-branded scheme in Whitehall.
Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
In Pictures: Fiona Barratt-Campbell designs duplex spread atop century-old SW London landmark.
Related Argent bolsters exec leadership team
Developer appoints Parm Nijjar as Executive Director and promotes Oli Rifkind to Chief Development Officer.
Ranked: The world’s top 30 HNWI hotspots in 2025
Fresh Savills research reveals 'a dynamic reshaping' of global wealth migration - 'comparable to the expansion of air travel in the 1960s & 1970s.'
By PrimeResi
Marylebone’s high-end market keeps moving despite pre-Budget uncertainty
Savills reports 'robust' activity across the fashionable PCL neighbourhood, completing a string of super-prime sales & lettings deals.
LATEST ARTICLES
Manchester gets a taste of Nobu as De Niro joins groundbreaking ceremony
The global hospitality brand is making its UK luxury resi debut with a £360mn Salboy project set to be the tallest building outside London.
Thumbs-up for major new canal-side neighbourhood in RBKC
FaulknerBrowns devised the masterplan for the 19-acre former gasworks site - from where the Notting Hill Carnival sets off - for Ballymore and Sainsbury's.
By PrimeResi
‘Ultra-rare’ triplex penthouse offers vast ‘blank canvas’ above Chelsea Waterfront
The trophy home atop Tower East is being offered for sale in shell condition.
By PrimeResi
REDD appoints new director to lead private client growth drive
The luxury real estate firm is expanding its bespoke services offering for HNWIs, family offices & investors.
Most valuable boroughs: Inside London’s £2.6 trillion housing market
'The difference in overall housing value between inner and outer London is closer than might be expected,' says Zoopla.
By PrimeResi