TPP612: December Market Update

December might be here, but the property market isn’t taking a Christmas break yet! In our final market update of the year, Rob & Rob reveal the latest big new stories – from a surprising rental boom flying under the radar to the unexpected house price growth over the past year.

• (1:11) Let’s start by looking at house prices. 
• (6:07) What’s the latest on mortgage rates? 
• (9:05) The shock data from the rental market. 
• (14:30) Has the leasehold reform timeline finally been revealed? 
• (15:33) Is Boxing Day really one of the busiest for house viewings? 
• (16:51) Hub Extra. 

Links mentioned:

House prices: 

• Nationwide house price index 
• Zoopla house price index 
• UK property market surges but warnings of Budget’s impact linger 
• UK property sector hit by fears of resurgent inflation 

Mortgages: 

• Mortgage approvals hit two-year high in pre-Budget rush 
• Bank of England’s shock warning over long term housing costs 

Rents: 

• Private rent and house prices, UK: November 2024 
• Chronic shortage of rental homes to worsen due to Labour squeeze on landlords 
• Net migration to the UK hit record 900,000 in 2023 
• Latest rent control grab by politicians slammed by industry 

Leasehold: 

• Leasehold reform timeline unveiled 

Hub Extra: 

• That Christmas 
• The Ministry of Ungentlemanly Warfare 

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