Economists are predicting a significant downturn in the UK property market, with a 10% drop in house prices anticipated by the end of this year. The EY ITEM Club’s Spring Forecast has suggested that the average price of a UK home could fall from £290,000 to £261,000, as the influence of the property market on consumer spending shifts. However, despite the slump in house prices, experts do not believe...
A new study has revealed the top cities in the UK housing market for the fastest return on investment (ROI) when buying a one-bedroom property. This study analysed current market data from Zoopla, Rightmove, and Propertypal, comparing the average price of a one-bedroom property in all 76 UK cities and the Isle of Man to the average monthly rental income. The results of the study show that Coventry is...