Residential Property Market Review October 2022

Our monthly property market review is intended to provide background to recent developments in property markets as well as to give an indication of how some key issues could impact in the future.

Inside the October report:

Mortgage turmoil shakes housing market: A turbulent economic and political month has dramatically altered the outlook for the UK housing market…

Stamp duty changes: Home movers in the lower price brackets in England and Northern Ireland look set to save up to £2,500 following the Stamp Duty changes announced in the government’s ‘mini-budget’…

Scottish tenants protected by rent freeze: New legislation passed by the Scottish Parliament has frozen most rents until April 2023 in response to soaring housing costs and cost-of-living concerns…

House prices: Headline statistics and price change by region…

Housing market outlook: (Source: Nationwide, September 2022)

We are not responsible or authorised to provide advice on investment decisions concerning property, only for the provision of mortgage advice.

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Glasgow G20 6NB

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Henderson Stone Asset Management Ltd is registered in Scotland. Company Number: SC585359. Registered address: Suite 3/1 Herbert House, 26 Herbert Street, Glasgow, Scotland, G20 6NB.