What’s Keeping The UK Housing Market From Crashing?

Is the UK Property due for a downturn?

We all know why home prices have risen so rapidly in the last year. Everything from a short supply of housing, Stamp Duty Holiday to pent-up demand (Brexit and Covid).

> Over the last 12 months, average property values have increased by 9.9% to over £250,000, adding over £30,000 to the cost of a typical property.

> In other parts of the South-East, such as Surrey, the rise has been doubled.

With the danger of mortgage rate hikes, the termination of the furlough plan, and stamp duty holiday…

… is the UK property market set to take a sudden turn?

There are no signs of a market downturn in the near future.

WHY?

Because the desire to acquire FIXED long-term mortgage funding at the current low rate — BEFORE rates rise — is driving the recent boom in housing demand.

Is anyone truly predicting a property market catastrophe?

Many investors have been waiting (hoping) for a crash that never happened throughout the last decade.

Whether or not there is a correction in 2022 or beyond, UK property (particularly in the South-East) is likely to remain a solid long-term investment…