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June 14, 2016

Response to new UK House Price Index: "Further house price rises are inevitable"

Following the publication of the new UK House Price Index, which revealed that annual house price growth stood at 8.2% in April, Ian Thomas, Co-Founder and Director of LendInvest made the following comments:

Ian Thomas

Ian Thomas, Co-Founder and Director, LendInvest

Without fundamental changes to the way we build houses in Britain, further house price rises like the ones reported today are inevitable.

All of the talk about the Brexit vote and the uncertainty it brings to the property market has merit. But whatever the result, the drastic undersupply of homes will mean that house prices continue to rise, and home ownership moves further and further away from aspiring home owners.