Welcome to the October 2022 edition of the monthly UK Property Market Review from Garrington Property Finders.
In what can only be described as a period of significant historical change for the UK, we assess how wider changes, both politically and economically, have impacted the property market.
Financial markets have been in turmoil over recent weeks as a result of the announcements made in the governments so called mini-budget. Despite the subsequent reversal of many of these policy announcements, the impact has triggered shockwaves throughout the UK residential market.
In this latest video we also share industry data on what higher mortgage rates really means for buyer's spending power. We explore how volatility has affected agreed property transactions and look at the data now emerging on what is happening to asking prices as a result.
Finally, we also evaluate some of the trends we are likely to see over the coming weeks in the autumn market.
We hope you find this edition helpful and as ever, if you have any property questions please do get in touch or leave a comment below.
For more information about our UK property finder services, please visit our website:
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1 окт 2024
