Tag Archives: Nationwide

Bleak midwinter for housing market as interest rates rise

Posted on December 16, 2022 by insidecroydon

Home-buyers in London are on average spending 56% of their earnings on their housing costs, with recent interest rate rises adding £3,000 per year to average mortgage bills Rising interest rates are seeing house sales fall through and the price … Continue reading →

Posted in Business, Housing, Property | Tagged , , , , , | Leave a comment

11.2% house price rise in 2021 due to ‘chronic lack of supply’

Posted on February 1, 2022 by insidecroydon

Croydon’s cash-strapped council looks to be getting out of the house-building racket at just the wrong time, as figures released this morning showed that the housing market has made its strongest start to the year since 2005, with annual house … Continue reading →

Posted in Housing, London-wide issues | Tagged , , , , | 2 Comments