Value of UK housing stock dropped by £27bn in 2023 as high costs hurt market

Value of UK housing stock dropped by £27bn in 2023 as high costs hurt market

Feb 14, 2024

The UK’s housing stock has seen its first annual decline in value since 2012 after some £27bn was wiped off last year, according to new analysis, amid higher mortgage costs and pressure on household finances. Figures from property firm Savills showed that despite

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