Ben Broadbent says increase already priced into markets would deliver ‘pretty material’ hit to economy
We speak to the man who forecast the last two slumps on why he believes values will rise until 2026.
According to the data, average UK property value rose by 0.9 percent in August, despite a drop in annual growth recorded in July. Annually, this equates to a price change of 13.6 percent.
New-build buyers will save on average around £2,600 a year in energy bills, research claims.
UK house prices have continued to hit record highs this month.
Buy-to-let landlords face ruin as mortgage rates rocket.
Latest survey shows market losing momentum amid deteriorating macro conditions.
Prime Minister Liz Truss has confirmed her government's commitment to abolishing section 21 under the Renters' Reform Bill.
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