June House Price Zoopla Report | house price inflation and mortgage rates.

In this month's edition of the Zupa Report, our Managing Director, Christopher, dives into the latest updates on house price inflation and mortgage rates. The annual house price inflation is currently at 1.2%, with 42% of sellers accepting discounts of more than 5% off the asking price. While this might sound alarming, it's important to consider the impact of rising mortgage rates, which could lead to an 11% decrease in buying power. He also discusses the factors contributing to the increase in supply, particularly in city centres, and how it might affect the overall market. He will share insights on the affordability of properties for first-time buyers, the demand for rentals, and the performance of different cities in the market. Check out the video for more details and my thoughts on the future outlook. Enjoy! 😊 Please LIKE and SUBSCRIBE to our channel for regular buy-to-let property investment news. Social Media: Instagram: https://www.instagram.com/flambardwilliams/ LinkedIn: https://www.linkedin.com/company/flambard-williams-ltd/mycompany/?viewAsMember=true