HOUSE PRICES SINCE BREXIT

 

House price inflation across the UK is continuing to ease, according to the latest data from the Office for National Statistics (ONS). Prices rose by 6.9% in the year to October, down from 7% in September.

However, the number of homes for sale is at near 30-year lows, which is why some say the pace of house price growth has remained broadly stable. It's a view backed up by Bank of England figures showing the number of new mortgages being approved by banks and building societies falling to its lowest for a year and a half in July.

In September, the Royal Institution of Chartered Surveyors said the housing market had "settled down" since Brexit.

A total of 97,640 residential properties were bought in the UK in October, a 1% rise on the previous month but 8% lower than a year earlier, HM Revenue and Customs data showed.

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Absolutely fell in love with the show unit at Brook Mews I thought it was a sensational home, it just felt like home from the moment we opened the door.

Neil Robins

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I just wanted to let you know how impressed we were when we took possession from you, to three years later, with the quality and lack of maintenance, thank you.

Daniel Goldberg