News at Ware & Co | 26/11/2021

  • The rate of house price growth is due to slow in 2022, but remain positive, ranging from 2% (London) to 4.3% (North West).
  • Growth will be highest in northern and Midlands regions, where affordability is less constrained, and slowest in London where it is more stretched.
  • A shortage of homes on the market and high levels of equity will be key drivers for house price growth in 2022.
  • Cost of living rises and the expectation that mortgage rates and taxes will increase in 2022 are likely to impact affordability, thus limiting house price growth. Source: Dataloft, Zoopla, Savills