The Cost of Living and Impact on Housing

how to sell commercial property

As the cost of living and mortgage costs keep escalating, House Prices have experienced the biggest decrease in 12 years as per Halifax. Last month saw a 2.6% annual fall in prices or £7500 which now amounts to £285,932. The mini budget coupled with stamp duty cut from last summer is believed to be one of the major contributors behind this dip; however Nationwide reported last week that there are signs for stabilisation of pricing process. Are you someone who owns a house or looking forward to invest in property? This article can reveal more about how it could turn out fruitful for homeowners and potential buyers!

Overview of the Falling House Prices in Recent Years

There are definitely a few reasons that could explain the fall in house prices. For starters, when the temporary stamp duty holiday ended back in March ’21, mortgage rates shot up which made it much pricier to buy any kind of property. Additionally, household expenses have been on an all-time high and people aren’t as confident they can get themselves a home anymore – especially with Brexit still looming around! Unsurprisingly enough this has had quite an impact on consumer confidence and willingness to shop for houses too…

The outcome of this has been a halt in house prices since the end of 2020 and a dip over the past twelve months. This downtrend was especially discernible in London, where costs have tumbled by 3.2% compared to last year’s statistics according to Nationwide Building Society’s most recent data release. What is more, information from Zoopla may point towards this trend persisting into 2021 with an overall drop of 1% per month for London beginning January 2021 – even though there appeared some steadiness during April and May as regulations started softening across England and Wales

Elsewhere across Britain there do seem to be signs that house prices are stabilising slightly; Nationwide’s House Price Index reported increases each month between February and June 2021 for all regions outside of London apart from Scotland where no significant change was observed during this period. The reasons behind why property values have decreased vary depending on who you speak with, but the most common explanation appears to be people being more cautious when it comes to purchasing properties because they don’t want or can’t afford any unexpected bills upon completion or shortly afterwards due financial instability caused by Covid-19 pandemic. Many potential buyers now wait until after Brexit negotiations before making such big decisions, leading to further delays in the market. There might also be a lack of available stock as numerous sellers aren’t wanting – or needing – to put their property up for sale which means competition has arisen among buyers trying find suitable properties so they become less willing pay higher asking prices resulting either withdrawal offers lower than initially expected – or even abandoning search altogether?

Impact of Higher Mortgage Costs on House Prices

The rising costs of mortgages which have had a detrimental effect on the housing market are essentially due to several economic and political factors. Over the last few years, living expenses have gone up but wages haven’t increased in tandem with inflation, meaning people don’t necessarily have as much spare cash available for investing in property. Additionally, banks and other lenders providing mortgage services now demand stricter criteria before agreeing to loan money; thus fewer individuals can get them at reasonable rates anymore. Why is it so difficult these days?

This lack of available housing on the market is having an effect, pushing prices up and making it tougher for first-time buyers to get a foot on the property ladder. Those looking at more expensive properties have been reconsidering their choices because of costlier mortgage payments; leading them to search out cheaper options or even decide against buying altogether. As with any shift in demand, this has caused house prices to drop as fewer people purchase homes – but there’s still cause for optimism from those hoping to buy! Interest rates are staying low meaning that competitive mortgages can be accessed when wanting to make a move. Even better: some lenders are now offering incentives such as cashback or fee waivers which could help protect against future drops in house price over coming months and years ahead – what more could you want?

Effect of Cost of Living Increase on Property Market

The surge in the cost of living is a significant issue that has led to an uptick in house prices, making it harder for individuals to buy property. This problem seems especially dark in areas where salaries have not kept step with rising costs. In these places, housing values have escalated quicker than income levels, consequently fewer are able to purchase their own house.

Moreover, this costly way of life also takes its toll on those seeking renting options too; as they struggle just like those looking at buying a home when it comes down to affordability and being equipped with enough fund balance.

As the cost of buying a home goes up, so does renting – and this can be a real struggle for those on low incomes or who are trying to get their first place. This has had an impact on availability too; fewer people able to purchase homes means less buyers coming onto the market, meaning that landlords have turned elsewhere in search of tenants willing-and-able enough to pay higher rent. It’s all resulting in far less properties becoming available overall – not great news for anyone looking to rent!

For those wanting to buy a home, they’re now facing an uphill battle as mortgage lenders are becoming more and more cautious about handing out money due to the risks associated with soaring house prices and potential buyers’ falling incomes. This means that even if someone is eligible for a mortgage, they may not be able to get one because lenders will want extra reassurances or put forward stricter criteria before agreeing any loan applications.

If we don’t do something so that house prices across Britain stop decreasing further then we need measures such as improved wages and simpler accesses of mortgages which would help bring in more buyers into the market which could level some of these price increases having such an effect on our housing sector and economy overall – but how can this realistically happen?

Significant Decline in Halifax Prices in June

The prices in Halifax have taken a downturn, which is part of the wider pattern that has seen property values plummeting at their quickest rate for over 12 years. The Nationwide Building Society noted a decrease of 0.2 percent in May house prices, making it the first slip since July 2019; this was later followed by a drop of 0.3 percent according to data released from last week – why exactly are we seeing such rapid drops?

The amalgamation of higher mortgage rates and increased cost of living has been highlighted as one the prime causes for this slump in housing activity, with likely buyers being discouraged from joining the market due to financial apprehensions. The temporary stamp duty reduction enforced last summer also had an effect on these results, with many who initially profited now having to recompense some or all those savings as part of their yearly tax returns.

What’s more, a lot potential purchasers could be put off by today’s market unpredictability and scarcity of accessible properties up for sale – causing further difficulty for those trying to make their first move onto or even up the property ladder. Glancing into future it seems unlikely that we will observe any considerable enhancement in house prices until circumstances become steadier and inviting again towards possible customers – something which appears progressively improbable given current economic conditions both locally and around the globe. Do you think current situation can help first-time homebuyers?

Factors Contributing to the Major Fall Last Year

5% this year demonstrates that the housing market is beginning to turn around. There could be multiple reasons for this, such as improved economic stability and an increase in consumer confidence which encourages buyers back into the market. It may also have been impacted by government initiatives such as Help To Buy, aimed at helping home buyers onto the property ladder with subsidised mortgage rates or increased deposits on properties

It’s quite evident that last year saw a significant fall in house prices primarily due to mini-budget leading to hike up of mortgage rates along with general anxiety related socio-economic issues; adding further was increasing costs associated with basic necessity items e.g., energy bills and foodstuff etc., not forgetting stamp duty cost getting dearer too making it more difficult for purchasers when buying premises. However what comes out positive is 1.”5 % rise observed in current homeownership rate indicating it has started regaining traction possibly driven by some good news signs like improvement seen concerning fiscal steadiness plus customer trust being restored enabling them again venture safely into real estate business together aided through few govt strategies implemented just lately viz: “Help To Buy” scheme offering subsidized mortgaging rate option + enlarged deposit aid on possessions respectively!

It’s looking like the market is starting to steady out after last year’s dip with a 5 per cent rise in this year so far. However, Nationwide reported a 0.7 percent decrease in June – it was fifth drop on the trot which points at there being further difficulty ahead for anyone trying to buy or sell property during these uncertain times. So chances are that you’ll still be faced with some challenging situations if you’re part of the housing market right now?

For those who are looking to buy or climb up the housing ladder, they’d better be ready for larger mortgage rates and deposits. It doesn’t get any easier for sellers either because of higher asking prices in addition to worries over job security as Brexit deals still need sorting out and other economic aspects like inflation levels increasing which affects our disposable incomes. All in all, it seems that although the property market appears stable with small value increases consistently during recent times, this could soon change if current macroeconomic trends persist putting extra burden on households financially entering 2021.

Predicted Rise in House Prices for 2023 by Halifax

Things don’t look so great for the rest of this year. The Bank Of England said earlier that wages are going down in real terms, and we’ve seen a big drop recently in the number of mortgage approvals – it’s at its lowest point since October 2017. And realistically speaking, when affordability is an issue buyers will find it difficult to make purchases; which could further weaken house prices.

It might feel like all is lost but things aren’t as dire as they seem – in June, there was a jump in the number of people looking to buy homes compared with May, which implies that folks are ready to cautiously believe again. To add on top of this positivity; banks have become more open-minded about lending money out too – even if it does come at an increased rate than before. Plus we can thank recent Schemes such Help To Buy for boosting hope and providing first timers with mortgages much higher quality than their own capabilities would be able to provide them alone. It’s too soon yet the measure how these initiatives will bear fruit fully though analysts remain hopeful over its effect on house prices throughout now until 2023 or further down the line! Nonetheless given current volatility certainty isn’t exactly promised however Halifax’s prediction suggests otherwise: provided wages progress and lenders stay willing plausible rates then housing market should keep steady paces till well after next year

Kim Kinnaird’s Analysis on Current Housing Situation

The falls in the property market had apparently stabilised, according to Kim Kinnaird. She mentioned that although data points towards a degree of restoration within the sector, there was still considerable pressure caused by lacklustre demand and excessive supply which were keeping prices low. “The number of new buyers has been below what we have seen previously; this situation is obviously having an adverse effect on price growth,” she said. This notwithstanding, signs are emerging suggesting people might start taking advantage of mortgage offers as restrictions imposed due to Covid-19 begin lifting – Bank Of England’s recent stats indicated a surge in mortgages approvals over April/May period with about one third more than it would otherwise be expected for these two months combined. Ms Kinnaird added: “That could possibly mean more folks looking into buying properties now that favourable deals are available” However despite increased interest from prospective homeowners lenders remain conservative when deciding how much money should they lend compared with pre-pandemic era which may limit options for some borrowers and consequently keep home values at relatively lower levels until further notice

Stamp Duty Cut and Its Influence on Previous High Prices

The stamp duty cut, which had been in place since July 2020 and drove the housing market’s strong performance last year, was due to expire in March. However, it was luckily extended until June’s end. The government is now contemplating a tapering system over the next two years – what effect this will have remains to be seen! In May however we got an indication of how significant this tax measure has been when Halifax reported that house prices dropped by 1.4 per cent between April and May – the most immense monthly decrease since October 2012 indicating just how much influence Stamp Duty changes can have on our markets.

The cost of a regular home has also gone down for three consecutive months, which hasn’t happened since 2009. In addition to this, Nationwide shared that annual house price growth went down to two percent in June – the least it’s been in four years.

It seems like the mini budget had an influence on buyers’ decisions as well; mortgage costs getting higher and job security becoming uncertain led many purchasers into delaying their search until after it had passed or until they felt more safe about their financial situation. How will these changes affect potential homebuyers?

Across all regions of England and Wales, property prices have fallen – with London seeing a 3% dip over the year. In some areas this has been as much as 5%. The reason? Higher purchase costs, combined with competition from other parts of the country offering more affordable properties that are closer to amenities like work or schools opportunities. If you’re looking for value though, you may be in luck; however it’s important to remember there is strong competition around so buyers should make sure they get good advice on how best not pay an inflated price – or risk potential hidden costs such as expensive surveys or unexpected legal fees when buying off plan properties (which can often go without professional advice being sought by either party).

Indications towards Stability in the Housing Market

Industry experts are pleased to see signs of stability in the housing market. David Smith, policy director at the Residential Landlords Association commented: “It looks like we’re finally seeing some evidence that things might be improving in this sector. After a difficult twelve months, it appears house prices may have found their footing”. The Royal Institution of Chartered Surveyors (RICS) seemed equally upbeat about future trends for property values too. Could this really just be an uptick after such a tumultuous period? It’s certainly looking positive! Simon Rubinsohn, Chief Economist at the organisation, commented: “It’s beginning to look like we could be past the worst in terms of property prices – our survey data definitely backs this up. We’ve seen activity levels steadily picking up since last October.” While there have been some dips across most markets, certain regions seem to have kept a relatively strong footing and not suffered as much with house price drops.

London has seen an increase in values over the last year, with fluctuations across regions due to local factors – for example infrastructure projects or new Crossrail lines. This could be good news to buyers looking into purchasing property but it’s essential they bear Brexit uncertainty and any potential interest rate increases when considering their budget for a home or investment purchase. Although there is less downward pressure on prices right now, competition between buyers remains strong so those hoping to snap up that dream house should account for this too.

So, in conclusion the latest stats from Halifax reveal a 2.6% drop in house prices during June 2021 – the biggest fall since 2011. This is largely attributed to mortgage and living costs forcing out potential purchasers as well increased taxes after last summer’s stamp duty exemption. Yet despite this decline over 2021 there has been an upturn of 1.5%. And even though it appears stability is starting to emerge within the housing market, could that be seen as a good indicator for future growth? That remains unclear at present but certainly looks promising!

Are you on the hunt for methods to help out Mother Nature? Then look no further! Come and join us in taking meaningful action against climate change. We’ve come together as a group of passionate volunteers with one aim: making an effective difference to our planet, and we need your assistance too. We collaborate with local organisations, businesses and individuals around discovering solutions that will reduce the impact of humans on nature. From planting trees through to cutting back plastic packaging – any way possible is being done by us all so that weather-based issues can be tackled head-on. So hit up those keys today! Sign yourself up for one of our events or campaigns right now; let’s make the world greener hand in hand because it’s high time everyone did their part when assisting mother earth!!

how to sell commercial property

As the cost of living and mortgage costs keep escalating, House Prices have experienced the biggest decrease in 12 years as per Halifax. Last month saw a 2.6% annual fall in prices or £7500 which now amounts to £285,932. The mini budget coupled with stamp duty cut from last summer is believed to be one of the major contributors behind this dip; however Nationwide reported last week that there are signs for stabilisation of pricing process. Are you someone who owns a house or looking forward to invest in property? This article can reveal more about how it could turn out fruitful for homeowners and potential buyers!

Overview of the Falling House Prices in Recent Years

There are definitely a few reasons that could explain the fall in house prices. For starters, when the temporary stamp duty holiday ended back in March ’21, mortgage rates shot up which made it much pricier to buy any kind of property. Additionally, household expenses have been on an all-time high and people aren’t as confident they can get themselves a home anymore – especially with Brexit still looming around! Unsurprisingly enough this has had quite an impact on consumer confidence and willingness to shop for houses too…

The outcome of this has been a halt in house prices since the end of 2020 and a dip over the past twelve months. This downtrend was especially discernible in London, where costs have tumbled by 3.2% compared to last year’s statistics according to Nationwide Building Society’s most recent data release. What is more, information from Zoopla may point towards this trend persisting into 2021 with an overall drop of 1% per month for London beginning January 2021 – even though there appeared some steadiness during April and May as regulations started softening across England and Wales

Elsewhere across Britain there do seem to be signs that house prices are stabilising slightly; Nationwide’s House Price Index reported increases each month between February and June 2021 for all regions outside of London apart from Scotland where no significant change was observed during this period. The reasons behind why property values have decreased vary depending on who you speak with, but the most common explanation appears to be people being more cautious when it comes to purchasing properties because they don’t want or can’t afford any unexpected bills upon completion or shortly afterwards due financial instability caused by Covid-19 pandemic. Many potential buyers now wait until after Brexit negotiations before making such big decisions, leading to further delays in the market. There might also be a lack of available stock as numerous sellers aren’t wanting – or needing – to put their property up for sale which means competition has arisen among buyers trying find suitable properties so they become less willing pay higher asking prices resulting either withdrawal offers lower than initially expected – or even abandoning search altogether?

Impact of Higher Mortgage Costs on House Prices

The rising costs of mortgages which have had a detrimental effect on the housing market are essentially due to several economic and political factors. Over the last few years, living expenses have gone up but wages haven’t increased in tandem with inflation, meaning people don’t necessarily have as much spare cash available for investing in property. Additionally, banks and other lenders providing mortgage services now demand stricter criteria before agreeing to loan money; thus fewer individuals can get them at reasonable rates anymore. Why is it so difficult these days?

This lack of available housing on the market is having an effect, pushing prices up and making it tougher for first-time buyers to get a foot on the property ladder. Those looking at more expensive properties have been reconsidering their choices because of costlier mortgage payments; leading them to search out cheaper options or even decide against buying altogether. As with any shift in demand, this has caused house prices to drop as fewer people purchase homes – but there’s still cause for optimism from those hoping to buy! Interest rates are staying low meaning that competitive mortgages can be accessed when wanting to make a move. Even better: some lenders are now offering incentives such as cashback or fee waivers which could help protect against future drops in house price over coming months and years ahead – what more could you want?

Effect of Cost of Living Increase on Property Market

The surge in the cost of living is a significant issue that has led to an uptick in house prices, making it harder for individuals to buy property. This problem seems especially dark in areas where salaries have not kept step with rising costs. In these places, housing values have escalated quicker than income levels, consequently fewer are able to purchase their own house.

Moreover, this costly way of life also takes its toll on those seeking renting options too; as they struggle just like those looking at buying a home when it comes down to affordability and being equipped with enough fund balance.

As the cost of buying a home goes up, so does renting – and this can be a real struggle for those on low incomes or who are trying to get their first place. This has had an impact on availability too; fewer people able to purchase homes means less buyers coming onto the market, meaning that landlords have turned elsewhere in search of tenants willing-and-able enough to pay higher rent. It’s all resulting in far less properties becoming available overall – not great news for anyone looking to rent!

For those wanting to buy a home, they’re now facing an uphill battle as mortgage lenders are becoming more and more cautious about handing out money due to the risks associated with soaring house prices and potential buyers’ falling incomes. This means that even if someone is eligible for a mortgage, they may not be able to get one because lenders will want extra reassurances or put forward stricter criteria before agreeing any loan applications.

If we don’t do something so that house prices across Britain stop decreasing further then we need measures such as improved wages and simpler accesses of mortgages which would help bring in more buyers into the market which could level some of these price increases having such an effect on our housing sector and economy overall – but how can this realistically happen?

Significant Decline in Halifax Prices in June

The prices in Halifax have taken a downturn, which is part of the wider pattern that has seen property values plummeting at their quickest rate for over 12 years. The Nationwide Building Society noted a decrease of 0.2 percent in May house prices, making it the first slip since July 2019; this was later followed by a drop of 0.3 percent according to data released from last week – why exactly are we seeing such rapid drops?

The amalgamation of higher mortgage rates and increased cost of living has been highlighted as one the prime causes for this slump in housing activity, with likely buyers being discouraged from joining the market due to financial apprehensions. The temporary stamp duty reduction enforced last summer also had an effect on these results, with many who initially profited now having to recompense some or all those savings as part of their yearly tax returns.

What’s more, a lot potential purchasers could be put off by today’s market unpredictability and scarcity of accessible properties up for sale – causing further difficulty for those trying to make their first move onto or even up the property ladder. Glancing into future it seems unlikely that we will observe any considerable enhancement in house prices until circumstances become steadier and inviting again towards possible customers – something which appears progressively improbable given current economic conditions both locally and around the globe. Do you think current situation can help first-time homebuyers?

Factors Contributing to the Major Fall Last Year

5% this year demonstrates that the housing market is beginning to turn around. There could be multiple reasons for this, such as improved economic stability and an increase in consumer confidence which encourages buyers back into the market. It may also have been impacted by government initiatives such as Help To Buy, aimed at helping home buyers onto the property ladder with subsidised mortgage rates or increased deposits on properties

It’s quite evident that last year saw a significant fall in house prices primarily due to mini-budget leading to hike up of mortgage rates along with general anxiety related socio-economic issues; adding further was increasing costs associated with basic necessity items e.g., energy bills and foodstuff etc., not forgetting stamp duty cost getting dearer too making it more difficult for purchasers when buying premises. However what comes out positive is 1.”5 % rise observed in current homeownership rate indicating it has started regaining traction possibly driven by some good news signs like improvement seen concerning fiscal steadiness plus customer trust being restored enabling them again venture safely into real estate business together aided through few govt strategies implemented just lately viz: “Help To Buy” scheme offering subsidized mortgaging rate option + enlarged deposit aid on possessions respectively!

It’s looking like the market is starting to steady out after last year’s dip with a 5 per cent rise in this year so far. However, Nationwide reported a 0.7 percent decrease in June – it was fifth drop on the trot which points at there being further difficulty ahead for anyone trying to buy or sell property during these uncertain times. So chances are that you’ll still be faced with some challenging situations if you’re part of the housing market right now?

For those who are looking to buy or climb up the housing ladder, they’d better be ready for larger mortgage rates and deposits. It doesn’t get any easier for sellers either because of higher asking prices in addition to worries over job security as Brexit deals still need sorting out and other economic aspects like inflation levels increasing which affects our disposable incomes. All in all, it seems that although the property market appears stable with small value increases consistently during recent times, this could soon change if current macroeconomic trends persist putting extra burden on households financially entering 2021.

Predicted Rise in House Prices for 2023 by Halifax

Things don’t look so great for the rest of this year. The Bank Of England said earlier that wages are going down in real terms, and we’ve seen a big drop recently in the number of mortgage approvals – it’s at its lowest point since October 2017. And realistically speaking, when affordability is an issue buyers will find it difficult to make purchases; which could further weaken house prices.

It might feel like all is lost but things aren’t as dire as they seem – in June, there was a jump in the number of people looking to buy homes compared with May, which implies that folks are ready to cautiously believe again. To add on top of this positivity; banks have become more open-minded about lending money out too – even if it does come at an increased rate than before. Plus we can thank recent Schemes such Help To Buy for boosting hope and providing first timers with mortgages much higher quality than their own capabilities would be able to provide them alone. It’s too soon yet the measure how these initiatives will bear fruit fully though analysts remain hopeful over its effect on house prices throughout now until 2023 or further down the line! Nonetheless given current volatility certainty isn’t exactly promised however Halifax’s prediction suggests otherwise: provided wages progress and lenders stay willing plausible rates then housing market should keep steady paces till well after next year

Kim Kinnaird’s Analysis on Current Housing Situation

The falls in the property market had apparently stabilised, according to Kim Kinnaird. She mentioned that although data points towards a degree of restoration within the sector, there was still considerable pressure caused by lacklustre demand and excessive supply which were keeping prices low. “The number of new buyers has been below what we have seen previously; this situation is obviously having an adverse effect on price growth,” she said. This notwithstanding, signs are emerging suggesting people might start taking advantage of mortgage offers as restrictions imposed due to Covid-19 begin lifting – Bank Of England’s recent stats indicated a surge in mortgages approvals over April/May period with about one third more than it would otherwise be expected for these two months combined. Ms Kinnaird added: “That could possibly mean more folks looking into buying properties now that favourable deals are available” However despite increased interest from prospective homeowners lenders remain conservative when deciding how much money should they lend compared with pre-pandemic era which may limit options for some borrowers and consequently keep home values at relatively lower levels until further notice

Stamp Duty Cut and Its Influence on Previous High Prices

The stamp duty cut, which had been in place since July 2020 and drove the housing market’s strong performance last year, was due to expire in March. However, it was luckily extended until June’s end. The government is now contemplating a tapering system over the next two years – what effect this will have remains to be seen! In May however we got an indication of how significant this tax measure has been when Halifax reported that house prices dropped by 1.4 per cent between April and May – the most immense monthly decrease since October 2012 indicating just how much influence Stamp Duty changes can have on our markets.

The cost of a regular home has also gone down for three consecutive months, which hasn’t happened since 2009. In addition to this, Nationwide shared that annual house price growth went down to two percent in June – the least it’s been in four years.

It seems like the mini budget had an influence on buyers’ decisions as well; mortgage costs getting higher and job security becoming uncertain led many purchasers into delaying their search until after it had passed or until they felt more safe about their financial situation. How will these changes affect potential homebuyers?

Across all regions of England and Wales, property prices have fallen – with London seeing a 3% dip over the year. In some areas this has been as much as 5%. The reason? Higher purchase costs, combined with competition from other parts of the country offering more affordable properties that are closer to amenities like work or schools opportunities. If you’re looking for value though, you may be in luck; however it’s important to remember there is strong competition around so buyers should make sure they get good advice on how best not pay an inflated price – or risk potential hidden costs such as expensive surveys or unexpected legal fees when buying off plan properties (which can often go without professional advice being sought by either party).

Indications towards Stability in the Housing Market

Industry experts are pleased to see signs of stability in the housing market. David Smith, policy director at the Residential Landlords Association commented: “It looks like we’re finally seeing some evidence that things might be improving in this sector. After a difficult twelve months, it appears house prices may have found their footing”. The Royal Institution of Chartered Surveyors (RICS) seemed equally upbeat about future trends for property values too. Could this really just be an uptick after such a tumultuous period? It’s certainly looking positive! Simon Rubinsohn, Chief Economist at the organisation, commented: “It’s beginning to look like we could be past the worst in terms of property prices – our survey data definitely backs this up. We’ve seen activity levels steadily picking up since last October.” While there have been some dips across most markets, certain regions seem to have kept a relatively strong footing and not suffered as much with house price drops.

London has seen an increase in values over the last year, with fluctuations across regions due to local factors – for example infrastructure projects or new Crossrail lines. This could be good news to buyers looking into purchasing property but it’s essential they bear Brexit uncertainty and any potential interest rate increases when considering their budget for a home or investment purchase. Although there is less downward pressure on prices right now, competition between buyers remains strong so those hoping to snap up that dream house should account for this too.

So, in conclusion the latest stats from Halifax reveal a 2.6% drop in house prices during June 2021 – the biggest fall since 2011. This is largely attributed to mortgage and living costs forcing out potential purchasers as well increased taxes after last summer’s stamp duty exemption. Yet despite this decline over 2021 there has been an upturn of 1.5%. And even though it appears stability is starting to emerge within the housing market, could that be seen as a good indicator for future growth? That remains unclear at present but certainly looks promising!

Are you on the hunt for methods to help out Mother Nature? Then look no further! Come and join us in taking meaningful action against climate change. We’ve come together as a group of passionate volunteers with one aim: making an effective difference to our planet, and we need your assistance too. We collaborate with local organisations, businesses and individuals around discovering solutions that will reduce the impact of humans on nature. From planting trees through to cutting back plastic packaging – any way possible is being done by us all so that weather-based issues can be tackled head-on. So hit up those keys today! Sign yourself up for one of our events or campaigns right now; let’s make the world greener hand in hand because it’s high time everyone did their part when assisting mother earth!!

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