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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