We use cookies to give you the best browsing experience and to help us understand how you use our site. Cookies are small snippets of data stored on your computer and some have already been set. By continuing to use our website you are accepting our use of cookies. To find out more, read about cookies.

Latest News From My Home Move - the UK's leading conveyancer

Back to all news articles

Doug Crawford, CEO of My Home Move, comments on today’s ONS House Price Index, September

“Sustained growth in house prices shows that the market continues to shake off political and macroeconomic uncertainty. Despite the market having to weather several turbulent spells this year, such as changes to Stamp Duty Land Tax (SDLT) and the Brexit vote, prices have continued to grow faster than they did in 2015. For example, this September’s annual increase of 7.7% is greater than September 2015’s 5.3%.

“This continued growth is a testament to the robustness of the housing market and the strong fundamentals that underpin it. Demand for housing continues to outpace supply, which supports price rises. Furthermore, low returns on other traditional savings avenues means that bricks & mortar is seen as a good destination for investment.

“In the long term these strong fundamentals will continue to support a healthy and prosperous housing market. High levels of demand for both rental and owner-occupied accommodation will drive transaction figures and prices upwards, and our recently published forecast predicts the number of property transactions will rise by 20% by 2020.”

In this section

    Keep up-to-date with My Home Move.

    We would like to keep in touch with all our introducers via our quarterly e-newsletter, which features details about My Home Move events, activities, competitions and relevant property industry information. You can opt out of receiving e-newsletters at any time by clicking on the 'unsubscribe' link at the bottom of the e-newsletter you are sent and we will never give your data to any third parties. In subscribing to the newsletter, you agree to being contacted in this way. We look forward to keeping in touch.