Jonathan Lindon’s Post

Is the UK Housing Market (Finally) Heating Up in 2025? 🔥🏡 The property market is off to a strong start this year: 📈 Biggest January price jump since 2020: Average asking prices are up 1.7% (+£5,992), now sitting at £366,189. 🏡 Record seller activity: New properties listed are up 11% compared to last year. 🔑 Buyers are active: Enquiries are up 9%, and sales agreed have risen 11%. 💸 Mortgage rates remain a challenge: Average five-year fixed rates are around 4.75%. But it’s not all good news: ⚠️ Interest rate cuts: The Bank of England’s next moves could influence demand. ⚠️ Stamp duty changes: Coming in April, they could slow activity in pricier areas. Are we set for a thriving market, or will affordability issues hold it back? What’s your take on the year ahead? Let us know in the comments! #PPNBromley #Promoveo #UKHousingMarket #PropertyTrends2025 #StampDuty #MortgageRates #BuyersMarket #PropertyInvestors #UKProperty

Is the UK Housing Market (Finally) Heating Up in 2025? 🔥🏡 The property market is off to a strong start this year: 📈 Biggest January price jump since 2020: Average asking prices are up 1.7% (+£5,992), now sitting at £366,189. 🏡 Record seller activity: New properties listed are up 11% compared to last year. 🔑 Buyers are active: Enquiries are up 9%, and sales agreed have risen 11%. 💸 Mortgage rates remain a challenge: Average five-year fixed rates are around 4.75%. But it’s not all good news: ⚠️ Interest rate cuts: The Bank of England’s next moves could influence demand. ⚠️ Stamp duty changes: Coming in April, they could slow activity in pricier areas. Are we set for a thriving market, or will affordability issues hold it back? What’s your take on the year ahead? Let us know in the comments! #PPNBromley #Promoveo #UKHousingMarket #PropertyTrends2025 #StampDuty #MortgageRates #BuyersMarket #PropertyInvestors #UKProperty

Is the UK Housing Market (Finally) Heating Up in 2025? 🔥🏡 The property market is off to a strong start this year: 📈 Biggest January price jump since 2020: Average asking prices are up 1.7% (+£5,992), now sitting at £366,189. 🏡 Record seller activity: New properties listed are up 11% compared to last year. 🔑 Buyers are active: Enquiries are up 9%, and sales agreed have risen 11%. 💸 Mortgage rates remain a challenge: Average five-year fixed rates are around 4.75%. But it’s not all good news: ⚠️ Interest rate cuts: The Bank of England’s next moves could influence demand. ⚠️ Stamp duty changes: Coming in April, they could slow activity in pricier areas. Are we set for a thriving market, or will affordability issues hold it back? What’s your take on the year ahead? Let us know in the comments! #PPNBromley #Promoveo #UKHousingMarket #PropertyTrends2025 #StampDuty #MortgageRates #BuyersMarket #PropertyInvestors #UKProperty

Serious question 🙋♂️ Do your clients think property prices are cheaper now than they were in 2007 🤔 The press shout from the roof tops about property prices being at all time highs over recent years. So is this true? Well, average prices in the north of England were 5.5 times the average salary in 2007. But today, the average house price is just 4.2 times the average income 🤯 Now this is not because the price of a property has come down, it’s due to the pound becoming exponentially devalued through poor monetary policy spiking inflation, in conjunction with big pay rises over recent years 💷 In London, the average property price is 9.9 times income which brings the combined national average right up to 6.1. You may also remember mortgage rates were around 5.5% in 2007 too. So as borrowing rates reduce and banks become more comfortable with their appetite to risk in this market, the UK could see a spike in demand over the coming years. We might look back at today and agree it was a good time to buy a home for ourselves or Invest with the average yield in London at 4.6% and 6.5% in the East Midlands 🏡 #houseprices #economy #estateagents #mortgagebrokers

Top 3 UK Property News Stories This Week Big shifts in the UK property market! Here’s a quick snapshot of this week’s key updates: 1️⃣ Interest Rate Cut to 4.75% The Bank of England lowered its base rate by 0.25%, offering potential relief for variable-rate mortgage holders and possibly boosting housing demand soon. https://lnkd.in/eJftuRAE 2️⃣ Slower House Price Growth Forecast Hamptons revised its outlook, expecting house price growth to slow in the coming years, impacted by higher interest rates and tax levels. https://lnkd.in/erJ6Fwjz 3️⃣ Record High House Prices UK house prices reached a peak of £293,999 in October. However, new budget rules might affect affordability for future buyers. https://lnkd.in/gxa5EQ46 Which of these changes do you think will have the biggest impact? Let’s discuss below. #PropertyNews #UKHousingMarket #InterestRates #HousePrices #PropertyInvestment #UKProperty

UK house prices continue unexpected decline! 📉 For the second month in a row, UK house prices have taken an unexpected tumble, dropping by 0.4% in April after a 0.2% decline in March. With the average house price now £11,700 less than its peak in August 2022, affordability pressures and high mortgage rates are making their mark. Economists are eyeing this as a potential trend, and with the Bank of England's interest rate decision looming, all eyes are on the market's next move. Seeking advice on investment properties? Let's connect! #ukhousingmarket #realestate #investmentproperties #economy #financenews

Bank of England Keeps Interest Rates at 5%: What Does This Mean for the London Property Market? 🏡 The Bank of England decided to keep interest rates at 5%, choosing to focus on inflation control. While this decision may cause uncertainty for homeowners and potential buyers, let's take a moment to break down what this means for the property market here in London: 🔍 Why Hold Rates? The BoE is targeting inflation control, which is still higher than the desired 2% rate due to rising energy costs, supply chain issues, and wage growth. Holding rates is their strategy to stabilize prices before making any changes. 🏡 Impact on the Housing Market: Higher interest rates mean increased mortgage costs. Buyers and homeowners will continue to feel the pinch, as borrowing remains expensive. While it’s a tough trade-off, it’s necessary to bring inflation under control. 🌍 A Glimmer of Hope from the U.S.: The U.S. Federal Reserve recently cut its interest rate, giving hope to global markets, including the UK. If inflation here cools, we may see the BoE follow suit, potentially reducing rates and easing mortgage pressures. 🔮 What’s Next? For now, higher mortgage rates are here to stay. However, with global trends pointing toward potential rate reductions, there is optimism that borrowing costs could drop, stimulating demand in the market. As always, it’s important to stay informed and seek guidance when navigating these market conditions. At Oakhill London, we’re here to support our clients through these times and help you make the best decisions for your future. 📲 Thinking of buying or selling in London? Let’s chat about how these changes could impact your next move. Contact us today! #OakhillLondon #LondonPropertyMarket #BoEDecision #InterestRates #RealEstateLondon #HomeBuyers #RealEstateUpdate #MortgageRates #PropertyAdvice #UKHousingMarket

UK house prices have risen for the first time in two years due to several factors: Interest Rate Expectations: The Bank of England's signals about potential interest rate cuts have boosted market confidence, leading to increased demand for homes. Lower mortgage rates make borrowing cheaper, encouraging buyers to enter the market. Increased Demand: There has been a notable rise in buyer demand, with more people looking to purchase homes. This increased demand has driven up prices as buyers compete for available properties. Supply Constraints: The number of new property listings has also increased, but it hasn't kept pace with the surge in demand. This imbalance between supply and demand has contributed to the rise in house prices. Economic Recovery: As the UK economy continues to recover from the impacts of the pandemic, consumer confidence has improved, leading to more people making significant financial decisions like buying homes. Market Sentiment: Positive market sentiment and expectations of future price increases have encouraged both buyers and sellers to act now, further driving up prices. These factors combined have created a favorable environment for house price growth in the UK. #UK #market #mortgage #economy #BoE #data #inflation

The UK housing market is showing signs of stabilising, with house prices expected to rise modestly throughout this year and into 2025, according to Halifax. With a slight increase in June, the annual rate of house price growth remains positive at 1.6%, marking seven consecutive months of increases. This stability is supported by a shortage of available properties, which continues to underpin higher prices despite the subdued market activity. This is promising news for property investors, particularly those looking to enter the market. The anticipated interest rate cuts from the Bank of England, alongside falling inflation and strong wage growth, are expected to gradually ease mortgage affordability challenges. As a result, the market is poised for potential growth, providing investors with opportunities for both immediate rental yields and long-term capital appreciation. With lenders like Halifax, HSBC, Barclays, and others already reducing their mortgage rates, the environment is becoming increasingly favorable for property investments. #Property #PropertyMarket #Investments

In Roger Montgomery's latest article for The Australian he explores how rising interest rates, inflation, and migration are shaping the property market. 🏘️ Despite predictions of downturns, both property and equity markets have reached new highs, with no mortgage cliff in sight. Roger discusses how the economy is adapting to the new normal of higher rates and why long-term property growth remains inevitable, even as affordability challenges persist. Read here: https://bit.ly/4hjtk0u [kindly note, access to this article requires a subscription the Australian] #montinvest #property #inflation