Nigel Holland
Nigel Holland warns about house price fall.

” The increase in mortgage rates are a major factor as to why there has been such a drop in house prices. There is worry in the market that these interest rates could increase even further. There has been a slight reduction in the worry about these rates in recent weeks but we are not out of the woods yet. There exists a further possibility of a property crash.”

Nigel Holland


  • House prices dip at fastest decline for 14 years.
  • Annual drop of 3.8%.
  • Prices down by 0.2% between June and July.
  • Further Bank of England rate rises could be on the way.
  • Average home price now £260,828 which is 4.5% below peak in August.
  • Affordability remains an issue