Facebook Pixel

Okay we're going to say it... Market has gone MAD! Average UK property price hits all-time high... £261,743!!! 🚀 Download Halifax's latest report below đŸ“©

Nothing like loads of stats to finish off the week... Enjoy â˜ș:

✅ Annual house price inflation now at its STRONGEST LEVEL in nearly seven years 📊
✅ Average UK property price of £261,743 a NEW RECORD high đŸ„‡
✅ Average property adding more than £3,000 (+1.3%) to its value in the last month alone... Yes, that's £3k in ONE MONTH! đŸ˜Č
✅ Average home has increased in value by more than £22,000 over the past 12 months (+9.5%)! đŸ’„
✅ Massive turnaround, 12 months ago demand collapsed (during 1st lockdown) 🔒

🙋‍♀ Why is the market so busy right now? đŸ€”

➡ Extended SDLT holiday* 🌮
➡ ‘Race-for-Space’ and lifestyle changes/relocation plans 🏎 
➡ Shortage of supply 🏡
➡ Low borrowing rates*** and the 95% Mortgage Guarantee Scheme (MGS)** 💰
➡ Swift vaccine roll-out which is releasing SO MUCH pent-up demand 💉

❌ Outlook for market is far more uncertain ⚠
❌ If unemployment rises, there is scope for activity to slow sharply 🛑

🔍 Download full HPI report from Halifax here: https://www.halifax.co.uk/assets/pdf/may-2021-house-price-index.pdf 
🔍 *SDLT holiday - ALL YOU NEED TO KNOW here: https://lnkd.in/e3A9K2v
🔍 **MGS details here: https://lnkd.in/ddQfqzT
🔍 ***Mortgage calculator here: https://lnkd.in/duhThWD
🙋‍♀ đ—›đ—Œđ˜„ đ—șđ˜‚đ—°đ—” đ˜„đ—Œđ˜‚đ—čđ—± 𝗼 𝗯𝘂𝘆đ—Č𝗿 đ—œđ—źđ˜† đ—łđ—Œđ—ż đ˜†đ—Œđ˜‚đ—ż đ—”đ—Œđ˜‚đ˜€đ—Č đ—¶đ—» đ˜đ—Œđ—±đ—źđ˜†'𝘀 đ—ș𝗼𝗿𝗾đ—Č𝘁❓

Get in touch with our EXPERT TEAM and we'll let you know đŸŠč‍â™€ïžđŸŠž‍♀


#cavendishexperts #sdltholiday #sdltcalculator #propertynews #estateagents #houseexpert #housingmarket2021 Rishi Sunak #houseprices #houseexpert #houseforsale #housingmarket #property #mortgage #homeowners #mortgages #realestate Halifax

www.cavendishproperty.co.uk/articles Cavendish Residential offer Estate Agency and Lettings in Nottingham

Posted 11 June 2021
by Ali Baylav Managing Director Cavendish Residential

Want more daily property news? Follow us on LinkedIn.

Search your perfect place to Rent
Search your perfect place to Buy
Looking to sell?
Looking to invest?