Back
Molo comments - ONS UK House Prices
15 February 2024
“Two interesting data points out of ONS today. First, we expect the lower-than-expected inflation number of 4% to provide a further confidence boost to landlords, with the swap market now pricing in BoE rate cuts sooner and deeper. Second, average UK house prices have recorded another annual decrease of 1.4% in the 12 months to December 2023, alongside all-time high rental prices, providing interesting yield opportunities for active landlords looking for deals. At Molo, we've seen this play out with an 80% month-on-month increase in applications received in January” - Molo’s VP of Strategy Mark Michaelides
