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Global events can ripple into the property market in surprising ways. Recent tensions involving Iran have nudged oil prices, inflation expectations and mortgage funding costs. But what does that really mean for UK home buyers and sellers? This article looks at the link between geopolitics, interest rates and property prices.
What this really shows is not house prices, but pressure. Affordability is about monthly cost, which varies across the UK. In London and the South, first-time buyers can spend over half their income on housing, while elsewhere it is far lower. To learn more please read on..
The latest data suggests housing affordability is quietly improving, but the real story lies beneath the headlines. It’s not just about house prices versus earnings, it’s about what buyers actually pay each month. And when you look at it that way, the picture may surprise you… read the article to learn more.
Bungalows may form a small part of the UK housing stock, yet their value tells a much bigger story. With limited supply and strong demand, prices vary widely by region. To learn more please click the link to read on.