Full Fat Five Fact Friday - 20th October 2023

5FF 20 October 2023 - links also at https://mhwc.co.uk/blog

Here’s last weeks video elaborating on the reasons for expecting-35% house price falls.

Listen to this on Audio podcast here: https://www.buzzsprout.com/2109129/13814414

Recession warning: the UK is undergoing the steepest rise in unemployment in the developed world
https://www.bloomberg.com/news/articles/2023-10-14/uk-jobs-market-has-one-recession-warning-signal-flashing-red

Rightmove October Index - Asking Prices down -0.8% yoy
https://www.rightmove.co.uk/news/content/uploads/2023/10/Rightmove-HPI-16th-October-Final.pdf

Buy to Let party for 70%+ LTV is DEAD. -Savills
https://x.com/luciancook/status/1713856335337476129?s=46&t=qGtk0CnhZbr405E5nhNA0w

ONS Land Registry House Prices RISE +0.2% yoy

https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/housepriceindex/august2023

Inflation stops falling. Stays at 6.3% (OOH up to 5%)
https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/latest

Knight Frank to lay off up to 300 UK staff.
https://www.costar.com/article/687488711/knight-frank-begins-redundancy-consultation-with-uk-staff

My website and links https://mhwc.co.uk/