What's really happening to UK house prices? We discuss the November data, with Eyeedul Haque #133

Heath, Wealth & Wisdom with Nicole Bremner

English - December 02, 2022 01:00 - 39 minutes - 27.1 MB - ★★★★★ - 1 rating
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Previous Episode: Forty years in financial services: How Bob Harvey’s journey and outlook created a happy retirement #132

Next Episode: What's really happening to property prices? Interest rates at 15 year high, soaring inflation, labour shortages and cost of living crisis, join our discussion #134

"Nationwide, Halifax and Rightmove all reported increases of 7.2%, 8.3% and 7.2% over the last 12 months. Compared to last month, the annual figures were 9.5%, 9.8% and 8.7%."

But prices are showing the first signs of slowdown. Some pundits are saying prices will drop by 30% over 2023. What about rental demand? Take a listen to see what the data is indicating.

What do house price movements mean for you? I was joined live by Eyeedul Haque of My Property Consultant and we discussed:

Which indices are going up or downWhat the forecasters are saying and why they differ so widelyWhat is happening with rental demand and whyComments from a conveyancing lawyer about the two year lag in Land Registry dataComments from another conveyancing lawyer about the time delays to property transactions and how they compare to other countries - spoiler alert - dismally!

All that and more. Follow me on LinkedIn to be notified of the next live discussion on 22 December where we look back at the indices for the year www.linkedin.com/in/nicolebremner.

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Disclaimer: The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.