Bridging loans are enabling developers to delay the sale of a property until there is an upsurge in prices.
Bridging loans are enabling developers to delay the sale of a property until there is an upsurge in prices.
The market had regained momentum after the slowdown recorded around the turn of the year, however, the conflict in West Asia is now clouding the outlook.
Average mortgage rates increase by 0.4 percentage points in recent weeks.
Affordability in England and Wales has continued to improve in 2025, after ratios peaked in 2021.
The North West was the English region with the highest house price inflation.
Towns in Northern England, Scotland and Wales top the affordability rankings.
New data from Nationwide reveals the most and least affordable areas in Britain.
A single person now needs a salary of £56,476 to afford the average UK house price.
The average asking price for a typical mid-market second-stepper home is 52% more than a 0-2 bedroom.
Buyer demand was already running lower than in last year’s busier market, but has fallen no further since the beginning of the Iran war.
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