“UK house prices are set to rebound, with a predicted 18% increase over the next four years, defying previous crash forecasts. This recovery is driven by high wage growth, falling mortgage rates, and cash buyers. Capital Economics sees prices remaining stable...
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...
Nigel Holland “There is a danger that monetary policy committee (MPC) is poised to raise official borrowing costs for a 10th meeting in a row. This will inevitably lead to further falls in house prices. According to the Halifax mortgage approvals are 30% down....
