New buyer enquiries, new sales instructions and newly agreed sales all held steady over the month. As a result, there are few reasons to expect a pick-up in either mortgage approvals or transactions before the end of 2018. Furthermore, given the very high level of house prices and August’s interest rate hike, we expect house price growth to slow a touch before the end of the year – driven primarily by London.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.