Half of UK homeowners anticipate house price growth across 2016

Half of UK homeowners anticipate house price growth across 2016


Todays other news
The current controls come to an end on March 31...
The agency is also seeking other partnerships in Portugal...
The investment was supposed to be for a city centre...
The first one is in Manchester - but will the...
Grainger is selling its low-yield stock and pinning its hope...


Across 2016, 50% of UK homeowners anticipate their property to increase in value, according to latest research from Clydesdale and Yorkshire Banks.

These results highlight the stability and levelling out of the property market, with the research revealing that confidence in the property market has doubled since 2013.

The findings also revealed that just 2% of the UK population are concerned that their home will decrease in value, and 48% anticipate no change at all.

However, these figures unsurprisingly vary according to location. London remains the key property hotspot, with 73% of those surveyed confident in escalating prices in the capital, with no-one believing that prices would see a downturn across 2016.

Contrastingly, in the North West, just 33% of respondents believe that their property will witness house price growth across 2016, with 65% anticipating no change at all.

Steve Fletcher, Director at Retail Banking at Clydesdale and Yorkshire Banks commented: “There are a number of different factors which have played their part in the ongoing recovery of the property market. The Bank of England base rate has remained low and there has been steady growth in property prices and this has been reflected with sustained confidence of UK homeowners.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
From the ninth floor upwards the flats are open market...
Will Non Doms quit the UK if the government changes...
London’s £5m-plus market picked up in Q4 2024 after a...
The 12 month figure is the lowest seen in Scotland...
Spain’s draconian new tax is already spooking British investors...
The Budget has forced a revision of forecasts for the...
Prices and sales volumes will grow in 2025 despite the...
Recommended for you
Latest Features
The current controls come to an end on March 31...
The agency is also seeking other partnerships in Portugal...
The investment was supposed to be for a city centre...
Sponsored Content
As the property industry shifts towards sustainable practices, Inspired Property...
Are you concerned about rising interest rates and their potential...
In the ever-evolving landscape of property investment, staying ahead of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here