Abbey Independent Inventories

News & views from the Abbey

National growth is forecast to drop from 10% to 3-5% as higher borrowing costs dampen demand

  Published by The Gaurdian - Julia Kollewe and Hilary Osborne Tue 28 Dec 2021 00.01 GMT2021 was a boom year for house prices  https://www.theguardian.com/money/2021/dec/28/uk-house-price-growth-2022-forecast Britain’s housing market is to slow dramatically in 2022 as borrowing costs rise and household budgets come under mounting strain, property experts have predicted. After a year of booming prices driven by stamp duty holidays across...

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The “race for space” that became characteristic of the property market during the Covid pandemic could be starting to slow, according to Halifax.

PUBLISHED BY THE GAURDIAN ON LINE 7TH DECEMBER 2021  https://www.theguardian.com/business/2021/dec/07/race-for-space-could-be-over-as-flat-prices-rise-more-than-houses As people shunned city centre work and life during lockdowns, and the government introduced a stamp duty holiday, demand for country living – or at least a spare room – grew. But in its latest snapshot of the housing market, the mortgage lender said there were signs this trend...

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UK Property forecast

PUBLISHED ON LINKEDINUK Property News - Friday 24th September 2021 Toni Miller-iCEO at Property GolfAutumn property market forecast: shortage of homes for sale to prevent price falls after stamp duty holiday rushThe dust is settling on the stamp duty holiday, but a shortage of stock for sale will support house prices in the run up to Christmas according to industry experts today. Halifax’s latest research found London house prices fell ...

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