Steering the future of house-buying

The UK housing market is one which is always under much scrutiny, and even more so since Brexit.   

How will house prices be affected in the years ahead? Will they continue to rise? 

After all, they have gone up by an astonishing 259% since 1997. Maybe it’s time to see them fall... even just slightly.    

This could mean that the housing market is opened up to a wider audience. People need to strike while the iron’s hot and,  if the right property comes along at the right price, you need to be ready to buy. 

What will the impact of this be on the rental market? As it is financially beneficial (in most cases) to pay a monthly mortgage instead of a monthly rent, those able to make the move onto the property ladder will do so. Some even plan years ahead to build their savings pot into a sizeable deposit. 

But still, the problems associated with an on-going housing shortage could work against any positive impact Brexit may have. Even if we see a soft (or limited) fall in house prices, the theory of demand exceeding supply could see them shoot back them up again. 

So, no matter how much we obsess about the economic possibilities of UK house prices, there really is no certainty. The best we can achieve is opinions and predictions from those in the know (and those buying and selling).   

Lynne Fitzpatrick

At Larkfleet, we aim to keep up-to-date with the latest trends and work hard to understand what our customers, and future customers, are thinking.     

Our recent house buyer research, conducted in partnership with some key industry names, provided us with valuable insights into the whys and wherefores of the current UK housing market. 

We look forward to sharing these results with you very soon. But, in the meantime, we’d like to congratulate the winners of our prize draws. Participant input into this type of research is fundamental if we are to deliver results that are both accurate and reliable. The more people who take part, the more representative our findings are.    

Anne Bladon

So, a huge thank you to everyone who completed the research survey, and the telephone interview, your input is very much appreciated.   

And a special congratulations to both Lynne Fitzpatrick and Anne      Bladon who each won £500 in our prize draws.     

We hope you enjoy spending your winnings ladies!