Surprisingly there was a rise seen in house prices this last month. The country seems to have enjoyed a good few months of stability, and with the energy market also becoming more stable, there are high hopes inflation is under control. This seems to be washing through to the lenders, and the Clear Finance mortgage team have noticed a number of ‘deals’ returning. With a strong appetite with developers and builders, hopefully we will see a return to an active housing market. Which can only help the stagnant UK economy.
Read More on the house price increase seen in February : https://www.theguardian.com/money/2023/mar/07/uk-house-prices-rise-mortgage-rate-cuts-halifax
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