Weekly Recap - 10/11/23

House Prices in 2024 | UK Property Market Outlook

Compared to September 2022, house price inflation has slowed from +9.6% to -1.1% in September 2023. The decline in house price growth began this summer after the sudden hike in mortgage rates to combat inflation. What is the outlook for the rest of the year, and how will the market transition into 2024?

Following data from Zoopla, we answer common queries:

-?????? Will house prices go down in 2024?

-?????? How will mortgage rates look next year?

-?????? What should happen to reset affordability and demand?

Learn more about the property market outlook for 2024.

BRAND NEW Bradford development!

With 55% of the apartments being sold during pre-launch, our new Bradford development is now live! And we anticipate a swift sell-out.

Invest with as little as ￡24K for a 1-bed apartment. With this, investors can achieve up to 7.6% as an assured shorthold tenancy (AST) or up to 14.3% as a short-term holiday let (STL)!

Spectrum House is a stunning conversion in the heart of Little Germany, which will be completed in 2024. It is in the perfect commutable location, situated beside Bradford City Centre and just a 10-minute walk to both train stations, perfect for both Bradford- and Leeds-bound work.

Register your interest in Spectrum House before it sells out!

Join an exclusive club of investors

Apply to become a?CityClub?today and gain access to a wide range of benefits.

This an incredible review for our equally incredible Investment Consultant, Amber!

At CityRise, we take our time to get to know investors before proposing the right strategy and are dedicated to providing the best customer service possible.

The properties our Investment Consultants recommend are always personalised to the investors' unique circumstances and preferences. We take pride in the extra care and attentiveness we give in guiding our investors through their journey, updating them every step of the way as if they were our own investments.?

You can find out more about how CityRise can help you,?here.

The?CityRise Investorpedia?has everything an investor needs to get them started or help them through their journey. We have many guides for investors to download - for?FREE, too!

After learning more about what is forecast for the market, or perhaps inspired by our latest development, you may want to explore buy-to-let mortgages to help you determine the best option. Even as a seasoned investor, knowing where, when, and how to invest and how much money to invest is still paramount. Fluctuating interest rates can make mortgages daunting, but we untangle some of the complexities in our?BTL mortgage guide.

Download the CityRise guide?to learn all you need to know.