Jump to content

UK house prices expected to stagnate rather than fall


Recommended Posts

Despite ferocious economic headwinds, Guy Harrington, CEO at challenger lender Glenhawk, says he sees UK house prices holding up.

While he concedes the political landscape is difficult to determine, with inflation expected to hit 11% later in the year, this will naturally deliver some respite around affordability.

 

 

 

 

IG Group.PNG

Link to comment
  • 1 month later...

Real estate prices in Britain were frozen for some time. I noticed this at the beginning of the lockdown period. I believe these prices freeze was because people stopped moving around the country for work, traveling, and visiting government offices too often.

Link to comment
On 24/08/2022 at 01:53, Adi11aQ said:

Real estate prices in Britain were frozen for some time. I noticed this at the beginning of the lockdown period. I believe these prices freeze was because people stopped moving around the country for work, traveling, and visiting government offices too often.

So this halt in the rise in real estate prices was expected. Despite this halt and respite, I sold my house in 2021. I took a long time to choose buyers. I didn't want any of my buyers to resell my house later for a higher price. So I found a buyer and a builder all in one. The representative from Flagship Builders promised me so much money that I was able to buy another house in another part of the country right away.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...