UK Property

UK Property

UK House Hunters Speed Up Plans to Beat Price Hike, Survey Says

(Bloomberg) -- Almost half of UK house hunters are set to accelerate their purchase plans this year, with many fearing that prices are about to climb again, according to a survey.Some 42% of wannabe homebuyers are speeding up their plans compared with 35% in mid-2023, the Bloomberg Intelligence study showed. In London — where homes are the most affordable they’ve been in almost a decade — the share of prospective buyers bringing their purchases forward is even higher at 47%.“Buyers’ expectation that property values will increase in 2024 could support...
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