Housing Market Report for June 2018 from Halifax

The Halifax released its UK housing market report for June on the 6th July 2018. The report suggest that house prices in the UK remain flat and there has been a slight slowing in growth of property values from May to June. They also report that market activity levels and mortgage activity remain steady. The Halifax are standing by their view that house prices across the UK will increase by a forecast range of 0 to 3% for the full year. Average house price across the UK is £225,654

Read the Full Halifax Market Report for June 2018 here

Estate Agents are showing signs of financial distress

A report from accounts Moore Stephens says that 27% of estate agents are struggling financially, they say as there is a long term decline in property sales. They also say that the ban on lettings fees for tenants expected to be introduced next year will impact further

Read the full story on BBC news website here or Guardian website here