Facebook Pixel

📱 NO WAYYY! Annual house price growth RISES to 13.4%!!! That's the highest level since November 2004 🚀
According to Nationwide's latest market report: 📋

✅ The average house price has risen to £245,432, up £26,530 over the past 12 months 💰
✅ That's an annual price rise of 13.4% - the highest level since November 2004 đŸ„‡
✅ Average prices up by £2,600 last month - that's 0.7% increase following a 1.7% rise from April to May 📊 
✅ East Midlands is up 12.2%!! ⚡
✅ Mortgage rates remain close to all-time lows 👍
✅ SDLT holiday* and the ‘Race-for-Space’ being the driving factor 🏎 More information here: https://lnkd.in/dCbZdcS đŸ“©
✅ Compounded by: Shortage of supply, low borrowing rates, the swift vaccine roll-out and the 95% Mortgage Guarantee Scheme 🚩 More information here: https://lnkd.in/ddQfqzT đŸ“©
✅ Massive turnaround, 12 months ago demand collapsed (during 1st lockdown) đŸ’„

❌ Despite mortgage repayments being affordable, deposits are still the the major hurdle for most first time buyers đŸ†˜
❌ Outlook for market towards the end of this year is far more uncertain ⚠
❌ If unemployment rises, there is scope for activity to slow sharply 🛑

🔍 DOWNLOAD FULL REPORT HERE!: https://hood.azureedge.net/cavendish/site/3f9c36b8-18ba-4d39-9f5d-814f5577cbae.pdf 

🙋‍♀ How much is your property worth right now? Contact our EXPERT team đŸŠč‍â™€ïžđŸŠž‍♂... We'll let you know 👍


#cavendishexperts #houseprices #houseexpert #houseforsale Robert Gardner Nationwide Building Society #housingmarket #property #mortgage #homeowners #mortgages #realestate

Best Lettings Agency Nottingham - Best Estate Agency Nottingham - www.cavendishproperty.co.uk www.cavendishproperty.co.uk/sales/properties www.cavendishproperty.co.uk/rent/properties

Posted 07 July 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?