UPDATED

Reaction to Nationwide Monthly House Price Index

NEWS
COMMENTARY
GUIDE

We give market commentary when journalists or news outlets approach us directly for comment on specific topics. We share our commentary here too. See below.

While the rest of the economy continues to struggle, the Government remains insistent on further overheating the property market as one of their main ways of negotiating the pandemic successfully.Having done so since the introduction of the stamp duty holiday last July, we’re now entering dangerous territory in what is traditionally the busiest time of year for the sector.The introduction of 95% mortgage products will only fuel demand further, and the failure to address the issues causing huge market delays will lead to more sales falling through, as a result.Delays are at their worst in recent memory, and we have more home sellers than ever contacting us about our sell house fast service. The main appeal for them is the certainty we can provide in buying their home in as little as 14 days... Certainty that's extremely difficult to come by in the rest of the market at the moment"

Nationwide House Price Index - March 2021

"

While the rest of the economy continues to struggle, the Government remains insistent on further overheating the property market as one of their main ways of negotiating the pandemic successfully.

Having done so since the introduction of the stamp duty holiday last July, we’re now entering dangerous territory in what is traditionally the busiest time of year for the sector.

The introduction of 95% mortgage products will only fuel demand further, and the failure to address the issues causing huge market delays will lead to more sales falling through, as a result.

Delays are at their worst in recent memory, and we have more home sellers than ever contacting us about our sell house fast service. The main appeal for them is the certainty we can provide in buying their home in as little as 14 days... Certainty that's extremely difficult to come by in the rest of the market at the moment"

"

While the rest of the economy continues to struggle, the Government remains insistent on further overheating the property market as one of their main ways of negotiating the pandemic successfully.

Having done so since the introduction of the stamp duty holiday last July, we’re now entering dangerous territory in what is traditionally the busiest time of year for the sector.

The introduction of 95% mortgage products will only fuel demand further, and the failure to address the issues causing huge market delays will lead to more sales falling through, as a result.

Delays are at their worst in recent memory, and we have more home sellers than ever contacting us about our sell house fast service. The main appeal for them is the certainty we can provide in buying their home in as little as 14 days... Certainty that's extremely difficult to come by in the rest of the market at the moment"

See data & sources

You can find Nationwide's house price index and other releases here: https://www.nationwide.co.uk/about/house-price-index/headlines

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March 31, 2021
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Industry Reaction To The Nationwide House Price Index

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