Looking to buy in 2025? Here's what you need to know first
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In Property News This Week:
• Rightmove reports an unusual 0.3% drop in asking prices for June—despite buyer demand being 3% higher than last year
• New government pledge of £39 billion for affordable housing could result in up to 500,000 new homes
• Over 20 years, UK house prices have soared by 74%—but market sentiment is shifting
This Week’s Guest: Lucian Cook – Head of Residential Research, Savills
Russell is joined by one of the UK’s foremost property analysts to explore what’s really happening behind the headlines in today’s market.
• Why a muted housing market may signal short-term price dips—but not a crash
• How stricter mortgage regulations insulated homeowners from a steeper downturn
• What six-times-income mortgages mean for buyers—and whether they pose a risk
Got a question about your own buying or selling journey? Email HomeFront@radionewshub.com and it could be answered on a future episode.
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