Hi Reading 👋 Here's what happened in property in April 2023 🏠

Matt Barrell takes a look at the most recent property index figures and contrasts the market now with the market a year ago. Also some news for first time buyers!

✨ What's happening in property?! 🏠

🥑 Want a quick snapshot on the property market in just 80 seconds? Have a watch and get in touch if you have any questions! 💪

👉 The housing market 'soft landing' continues
👉 First time buyers driving the market recovery
👉 Mortgage rates in the 4-5% range
👉 Annual price growth more or less flat

📈 Where next? 👀

✅ Talk of a revived Help To Buy scheme to help renters get on the ladder
✅ BoE base rate expected to creep up before falling at the end of the year

Want to talk property? Contact me 👇
☎️ 07717 725609
📧 mattbarrell@avocadoberkshire.co.uk


Get in touch with us

In early 2023, property forecasters predicted a significant UK housing downturn over the next two years, citing rising interest rates following Liz Truss's departure. Halifax expected an 8% drop, Savills predicted a 10% drop, and Nomura Bank forecast up to a 15% drop.

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