Autumn Statement 2022

The Chancellor pledged to face the economic storm, as he announced widespread spending cuts and tax rises in his Autumn Statement on 17th November 2022, to tackle inflation and escalating mortgage costs.

In the short term GDP is likely to shrink by 1.4% in 2023 but then, due to the new measures being taken, is expected to grow by 9% by the end of 2027.
The expected 9% increase in house prices this year is likely to be countered by a fall over the course of 2023-24 but price growth is set to resume in 2025.
Mortgage rates are now expected to peak at 5%. The steps taken have been made to protect long-term economic growth and rebuild the UK economy, which is now officially in recession. Source: Dataloft, UK Government, Office for Budget Responsibility

Get in touch with us

First Name

Last Name

Mobile Phone

Your Email Address

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

How to Buy with Confidence in 2026

Buying a home can feel easier when you know your budget, priorities and next steps. With mortgage costs still influencing decisions, preparation is one of the biggest advantages buyers have.

CLICK HERE >

Landlords: What Must Be Ready Before 1 May

April is the final window for landlords in England to prepare for the first phase of the Renters’ Rights Act. With the new tenancy regime starting on 1 May 2026, now is the time to review paperwork, processes and whether self-management still feels realistic.

CLICK HERE >

Why Pricing Matters More in Today’s Property Market

In May 2026, pricing strategy matters more than ever. With more homes on the market and buyers watching affordability closely, setting the right asking price can make all the difference to your next move.

CLICK HERE >

Overpricing: The Silent Property Deal Killer for Vendors

Setting the right price for your property is paramount. Overpricing, while seemingly harmless, can silently sabotage your sale, leading to prolonged market time and ultimately, a lower sale price. Let's explore why.

CLICK HERE >