Health7/28/2025•The Guardian
New mortgage affordability rules help UK housing market avoid summer lull
The UK housing market has avoided the typical summer lull, according to a report by Zoopla. The availability of larger home loans has created a "buyer's market," with a record number of homes for sale keeping price rises in check. However, Zoopla has halved its house price forecast for 2025, as buyers are factoring in increased stamp duty costs in England and Northern Ireland when making offers. The report suggests that the new mortgage affordability rules have played a role in shaping the current housing market dynamics, providing buyers with more purchasing power and creating a more favorable environment for them.
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