UK inflation remained at an 18-month high of 3.8% in August, driven by food prices. Above the BoE 2% target UK GDP growth fell to 0.2% in the three months to July and output failed to grow at all in July In the UK jobs market payrolls fell for the seventh consecutive month and wage growth slowed to the Read More
Residential Property Review September 2025
Housing market outlook According to Savills, housing market performance for the rest of the year is dependent on the Autumn Budget, with many speculating that the Chancellor will announce changes to Stamp Duty and Capital Gains Tax. This uncertainty may slow down market activity up to 26 November, as buyers and sellers wait to see what Rachel Reeves has in Read More
Economic Review August 2025
UK GDP growth outperformed expectations in Q2, but fragile demand raises concerns over sustainability into autumn Bank of England cut rates to 4%, yet divisions among policymakers signal slower easing ahead Inflation climbed to 3.8% in July, with rising transport, food and energy costs fuelling pressure UK growth rate beats expectations Second quarter data released last month by the Read More
Residential Property Review August 2025
Another reduction to Bank Rate In its August meeting, the Bank of England (BoE) voted to reduce Bank Rate from 4.25% to 4%. This is the fifth cut since August 2024 and the lowest level in over two years. The decision may have come as a surprise to some, as inflation rose to 3.6% in June and 3.8% in July Read More
Economic Review – July 2025
Our latest Economic Review looks back on July – the UK economy continues to struggle with weak growth, surprise inflation increases and a cooling jobs market. Despite headwinds, interest rate cuts are still expected as policymakers weigh mixed data and softening demand heading into the second half of 2025. UK economic output shrank for the second month in May, driven Read More
Residential Property Review July 2025
A smoother end to 2025? The second half of the year should be smoother for the UK housing market, according to Knight Frank. The first six months of 2025 brought some uncertainties, with Trump’s trade tariffs, ongoing geopolitical conflict and Stamp Duty changes. However, things may be looking up. Buyer activity seems to be recovering after Stamp Duty thresholds reverted Read More
Economic Review – June 2025
Our latest Economic Review looking back on June includes – UK economy Q2 figures, BoE keeps Bank Rate, what will happen in the Autumn Budget and retail sales figures show a sharp drop. The UK economy grew modestly in Q2, recovering slightly after April’s sharp GDP contraction of 0.3% The Bank of England held interest rates at 4.25% but signaled Read More
Residential Property Review June 2025
May sales hit post-2022 high as housing market regains momentum Rightmove says May 2025 was the busiest month for agreed sales since March 2022. The rush to complete before April’s Stamp Duty changes caused a spike in March, followed by a 4% dip in buyer demand and the slowest annual May price growth since 2016. Despite this pause, home-movers have Read More
