Blog
The Housing Market Slowdown Has Its Causes
03 December 2017
First Time Buyers, Real Estate, Victor Michael
Although not concerningly, the London housing market is slowing down. The figures show it and the signs are here:
Sales to first time buyers in the UK fall to eight month low
Rental market in the UK slowing as homes to rent fall to 12 month low
Average house prices in the UK sent to remain flat in 2018, latest forecast suggests
Buy to let mortgage market in UK may never be what it was
Of course the factors that caused the housing market in London to reach this moment are not just a few. However, Property Division made a top of the 3 causes for the slowdown:
- Brexit
- Stamp duty changes
- Mortgage constraints
Read the entire article for the full explanations and arguments and tell us your opinion in a comment!
The Top 3 Reasons as to Why the Housing Market is Slowing in London