Too early to tell whether activity in the housing market has started to recover.

The ONS says a lack of Premier League football because of the World Cup contributed to a contraction in output during the final month of 2022.

By mid-2023, the UK base rate is predicted to reach 4.5%, as a result the majority of landlords are planning to raise rents to offset any increase in mortgage rates and additional expenses.

 The north-south house price divide may be narrowing, eXp UK claims.

The government has imposed a six-week deadline for housing developers to sign legally binding contracts that will commit them to pay to repair unsafe buildings.

The Bank of England’s decision to hike interest rates to a 15-year high is set to see mortgage payments rise for millions of homeowners.

On Thursday 2 February, the Bank of England announced that it was raising the base rate of lending to 4%. 

According to new data, a January spike in AML activity across the property sector suggests that those predicting the catastrophic decline of the market in 2023 have done so both prematurely and incorrectly.