Casa del Regno Unito medio Registri dei prezzi Registri più ripidi mensili per 20 anni
https://www.theguardian.com/business/2025/jul/21/average-uk-house-asking-price-steepest-monthly-drop-for-20-years
di JonnySparks
Casa del Regno Unito medio Registri dei prezzi Registri più ripidi mensili per 20 anni
https://www.theguardian.com/business/2025/jul/21/average-uk-house-asking-price-steepest-monthly-drop-for-20-years
di JonnySparks
11 commenti
From the article:
>The average price of homes coming up for sale dropped by the largest monthly amount in more than 20 years in July, according to a property website, after the end of temporary cuts to stamp duty, and recent increases in council tax on second homes.
>The average price being asked by new sellers fell by 1.2%, or £4,531, in July compared with a month earlier, to £373,709.
>Average asking prices from new sellers are only 0.1% higher than they were a year ago, at a time when lower mortgage rates are improving buyer affordability.
The property website referred to is rightmove.
I’m starting to think people who are unable to buy a property today are just a bit bad with money or are looking at the wrong kinds of properties as a first-time buy.
There are people in my social circle at work in their mid to late 20s who are buying properties now! – even single people with no parental assistance and on average wages too.
If you’re single, you don’t need a 3-bed semi-detatched house with garden. Try looking at 1-bed flats to get yourself on the property ladder and then upgrade down the line when you can.
Of course if you’re in a relationship you can borrow a bit more and get something more substantial, but there’s definitely still avenues to buy property if you’re smart about it with all the LISAs and other options available.
Fairly expected as fewer Britons are able to afford them than ever.
Banning foreign “investors” and property hoarders could drop the prices to levels actually affordable for working people.
You can tell I put my house up for sale in May.
Those looking to get on the ladder, you’re welcome.
I was in the position to buy a place in 2020 but I could see the inflation statistics coming up rapidly and knew interest rates would follow, as they always have historically.
I took the risk, and chose to rent instead of buy for the next 5 years. Everyone on reddit said I was wrong. The typical “house prices never go down” comments. “Why would interest rates suddenly go back to 1970s levels” was another one.
Anyway when I put the data into chatgpt, I’m currently £70,000 better off for that decision.
Between house prices stagnating since ~2022, interest rates going up consistently, leasehold issues, cladding issues, mortgage fees, surveyors fees, maintenence costs, service charges, etc. Buying is a money pit. Couple that with the opportunity costs of not putting that money into the stock market via a tax wrapper such as an ISA or SIPP? It’s a no brainer.
It also allowed me to quit my job and leave the UK for a better life.
The UK house price cartel is finally seeing the truth.
—
Downvotes proving the house price cartel don’t want to see the truth. I can prove it with quantifiable data. It’s hilarious the denial you’re all in.
Definitely a good thing if the steam can be let out if the market.
I think the drop in prices is mainly in the top end of the market.
During the 2011-2013 eurozone crisis a tsunami of money entered the UK property market. It was mainly wealthy Greeks and Italians getting their money out of the euro because they feared the eurozone would break up. So they exchanged their euros for pounds and parked it in London property.
In 2016, when the Chinese moved into Hong-Kong and ended the “one country, two systems” agreement, a lot of Hong Kong money moved to Britain too.
But with Rachel Reeves’ attack on non-doms and chatter about wealth taxes, a lot of that money is now leaving.
I did some sums this morning. Accounting for inflation and using Zoopla’s current estimate, our house has dropped by 14% in 10 years.
Bought for £750k in 2015, now apparently worth £860k.
Salary inflation over the same period was 43% so it looks to me like owning a house is getting easier for some.
well this is no happening in Bristol I can tell you that
A small drop followed by zero price growth is exactly what is needed.
1. Stop all government propping up of prices though Help to Buy etc.
2. Lending secured against residential property may only be given to the owner-occupier.
3. Cap the proportion of lending banks have in residential property. (Encourage lending to more productive areas like business and manufacturing)
4. Set up a National house builder to work with councils and housing associations to build for rent and sale.