The UK housing market is experiencing a notable upturn, with house price inflation rising to one per cent in September 2024, a significant improvement from the -0.9 per cent recorded a year ago. This positive trend is accompanied by a surge in sales activity, with the pipeline of agreed sales 30 per cent higher than the previous year, totalling £113billion. And some parts of the UK have faired better than others. The market is witnessing its busiest period since the 2020 boom, driven by intense competition among lenders that has pushed average mortgage rates to their lowest in two years. Despi…
