10 house price and mortgage predictions for 2023
House prices will fall, but higher mortgage rates are here to stay. From record property prices to soaring mortgage rates, 2022 was a tumultuous year for the housing market?
Fixed mortgage rates are falling! Yorkshire BS and Platform latest to reduce interest as some say they could be back at 4% next year
Fixed rate mortgages have started falling since last month after rising sharply
Stamp duty: everything you need to know
Stamp duty is the money you pay to the taxman when you buy property or land in the UK worth over a certain value. As part of their September mini-budget, Lizz Truss’ short-lived government made cuts to stamp duty to make purchasing property more affordable.
It's a property market 'shake out' not a property market crash
Sellers are beginning to offer bigger discounts to buyers to get their sales agreed, but we’re not seeing the need for a big double digit reset in UK house prices. The housing market is now transitioning from an unsustainably strong market to a more balanced one.
How much it costs to make a new house your home
The spiralling cost of living, rising interest rates, and low levels of available housing stock are creating some of the most challenging market conditions on record for those looking to buy a property.
Why have house prices risen this month?
There’s been lots of speculation about house prices at the moment, and how they could be affected by things like rising interest rates and cost of living increases.