Industry reacts as mortgage approvals dip
Approvals for residential property purchases remains above the 12-month pre-pandemic average.
Approvals for residential property purchases remains above the 12-month pre-pandemic average.
Residential property sales fell by more than a third in March compared with the same month a year earlier, the latest figures show.
Launched in early 2021, the virtual Town Halls give all OTM members the opportunity to join a group meeting chaired by Jason Tebb, to directly discuss any topic they wish.
Consumer confidence in the housing market shows little change despite the cost of living crisis, according to OnTheMarket.
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Property transactions in February this year fell by a fifth when compared with the same month in 2021.
Savills, The Guild, Strutt & Parker, Winkworth, and OnTheMarket, among the firms offering their views on the Bank’s decision to raise interest rates to deal with increasing inflation.