Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

UK Christmas General Election looms as house prices stagnate

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Sinopsis

UK Christmas General Election looms as property prices continue to stagnate. By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. MP’s are debating on the date of a possible general election in December, which is most unusual due to the inclement weather. Amendments could be introduced to allow voting for 16-year olds and EU citizens with settled status in the UK for the first time. Property prices stagnating The price of the average home in the UK rose by just £800 in the last year, according to the Nationwide Building Society, indicating a further slowdown for the UK housing market. In the same period three years ago, the average property price rose by £9,100, or more than ten times the current amount, the major lender's data revealed. UK house prices have risen by less than 1%, on a year-on-year basis, for each of the last 11 months based on this lender’s data, which will differ slightly from other survey’s, such as the Halifax, and th