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The UK property market continues to experience changes, with prime property prices falling across London and several regional markets. However, there are signs that the pace of decline is slowing as sellers adjust their asking prices and buyers become more confident about negotiating.
There are significant changes ahead for landlords and the private rented sector in England, with the Government now providing greater clarity around the introduction of the new national rental property registration service.
The UK mortgage market is moving once again, with a number of major lenders increasing their mortgage rates as wholesale funding costs and swap rates rise. For anyone planning to buy, sell, remortgage or invest in property, this is an important development to keep an eye on.
The UK housing market has entered the final part of the year on a cautious but surprisingly resilient footing, with house prices remaining unchanged in September despite continued pressure from mortgage rates, household costs and wider economic uncertainty.