United Kingdom - Real Estate

[winston]

British home prices pop by 10.9pc in May

British house prices increased by 10.9 percent in May compared with the same month last year, the biggest annual increase in nearly seven years, mortgage lender Nationwide showed on Tuesday.

House prices were 1.8 percent higher than in April, Nationwide said.

Economists polled by Reuters had expected prices to rise by 9.2 percent in annual terms and by 0.8 percent from April.

Source: The Standard

https://www.thestandard.com.hk/breaking ... 2%A0in-May

[behappyalways]

Growing share of under-30s in UK pay unaffordable rent – BBC News
https://m.youtube.com/watch?v=d3lUNzXMLSg

[behappyalways]

Pound sterling plummeted by 17%. Housing prices fell by nearly 20%... London houses "discounted by 50%"!? American buyers flooded in to grab cheap

英鎊大貶17%.房價跌近2成...倫敦房子"折價50%"!?美買家湧入搶便宜｜非凡財經新聞｜20221002

https://m.youtube.com/watch?v=EZqPNRtr1RQ

[behappyalways]

Endless interest rate hikes in the UK?

The benchmark interest rate may be 6% at the end of the year and the monthly mortgage repayment amount will double!

The shadow treasurer warned that the "mortgage disaster" is not far away... |

英升息沒完沒了? 年底基準利率恐6% 房貸月還款額快翻倍! 影子財相示警"抵押貸款災難"不遠…｜非凡財經新聞｜20230627

https://m.youtube.com/watch?v=Jhp9BP4O0mI

[behappyalways]

Key UK Mortgage Rate Hits 6.66%, Highest Since 2008 Meltdown
https://www.zerohedge.com/markets/uk-tw ... 8-meltdown

[behappyalways]

Housing justice, the whole world roars in unison, the best housing policy in the UK and the UK can’t afford to rent a house

居住正義 全球齊聲吼 最優住宅政策英國 也租不起房 TVBS文茜的世界財經周報 20230723 X SHARP

https://m.youtube.com/watch?v=kKP9LYbBVFk

[behappyalways]

UK mortgage rates are at the highest levels in almost two decades, which is a BIG problem
https://twitter.com/Mayhem4Markets/stat ... 8168020993

[behappyalways]

Home prices in the UK continue to fall
https://twitter.com/AyeshaTariq/status/ ... 7621616894

[behappyalways]

Meanwhile in the UK... Home prices are up 4.3% YoY - the biggest jump since Nov 2022

[behappyalways]

London rents rise at slowest pace since 2021
https://www.theedgesingapore.com/news/u ... -pace-2021