Major mortgage lender forecasts 1% growth for UK house prices this year
"We expect house prices to maintain their current strong levels over the next year, but growth to be much flatter in 2022, at around 1%," says Andrew Asaam, Mortgage Director at Lloyds Banking Group.
Lloyds expects house prices to fall this year
Lloyds Banking Group predicts that average property prices will fall by 3.8% by the end of 2021, with a downside risk warning of negative growth until at least 2024.
House price growth to slow, but ‘risks of a correction have been overstated’ – Savills
Savills has upgraded its mainstream market forecasts for this year, predicting 7.5% growth through 2022 and 12.9% over the five years to the end of 2026.
Zoopla predicts UK house price growth to slow to 3% by the year’s end
"Buyer demand remains high but there are now signs that market is softening," says Zoopla's research chief, as more vendors cut asking prices and deals take longer to materialise.
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Major London estate agency accused of ‘a culture of sexual harassment, antisemitism, racism & bullying’
'Any matters of sexual harassment or misconduct are taken extremely seriously, thoroughly investigated and in no way tolerated,' says Foxtons in response to a Bloomberg investigation.
One Hyde Park residents sue over alleged defects
Corroded pipes could cost £35mn to repair, suggest lawyers for super-prime Knightsbridge home-owners.
Agency seals string of big-ticket deals in SW London
Resale records fall in Barnes & Wimbledon as a new generation of wealthy buyers seeks out London village living.
Hamptons installs new Kensington sales boss
Former Sotheby's director to lead agency's high-profile operation in W8.
In Pictures: ‘Iconic’ Kensington penthouse seeks buyer
'Garden in the sky' was created in the early 1960s & sits at almost the highest point in the Royal Borough.
Property Listenings: Three real estate podcasts to hear this month
Catch up on fascinating conversations with industry insiders in PrimeResi's new regular round-up.
International buyer picks up £15mn Mayfair townhouse
Knight Frank's Mayfair & Private Office teams collaborate on sale of 'exceptional' property near Hyde Park.
25 Years On: How the super-prime lettings landscape has changed since the turn of the millennium
Today's top-end tenants are a lot more footloose & want the comfort of five-star hotel living, explains Amelia Greene.
Key launches, challenges & trends in London’s new homes market
Sales are proving strongest for build-complete homes, and nearly a third of developers are expecting stronger reservation volumes in 2025, reports Anna Ward.
Foxtons responds to Bloomberg allegations
'Much progress has been made already,' says the high-profile London estate agency in response to recent criticism of its workplace culture, but 'we understand that more can always be done and we will be…
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