Nationwide House Price Index August 2021

[northernladuk]

Can't you just use a word starting with "f" that rhymes with "reckless" with the "less" removed?

Anyone would think you are trying to get me to get myself banned for bypassing the swear filter?

[TwoWolves]

Hardly surprising that house price inflation is raging. Lots of people coming to the UK to make their home here from multiple locations due to political instability etc. I can't see anything on the horizon that is going to slow it either.

[d000hg]

For much the same reason, I'd like to see a d000gh thread with d000gh confined to that thread. Entrance by prior appointment and mandatory clown shoes. Can that be arranged?

Feel free to use the forum ignore feature. Would you like some help?

[ladymuck]

I've noticed that the rental market round my way has gone absolutely bonkers with the asking rent being more ridiculous than normal.

It's just dawned on me that it might be driven by the Universities returning soon and all the rich overseas students wanting fancy digs.

[Whorty]

I've noticed that the rental market round my way has gone absolutely bonkers with the asking rent being more ridiculous than normal.

It's just dawned on me that it might be driven by the Universities returning soon and all the rich overseas students wanting fancy digs.

Not just down there ... it's crazy everywhere. Rental properties are like hen's teeth my way. I'm (hopefully) moving house in the next few weeks, although the place I'm buying may not be vacant when I vacate mine .... and I can't find a rental anywhere. Within an hour of a new rental hitting the market 8-10 people have booked viewings and pretty much everyone makes an offer on it.

I had a chat to an estate agent and one problem has been landlords have been taking advantage of high house prices so are selling their BTLs, thus reducing rental stock. So a lot of these people looking to rent are soon to be homeless.

It's pretty crazy. I'm lucky that I think I can find somewhere for the few weeks I may need, but if that falls through I can always do a month in an AirBnB; that's not cheap but I'm lucky I can afford that, many poor sods down here can't and will become homeless.

Some parts of the country BTLs have been turned into AirBnB too to take advantage of higher income and the staycations, thus taking more rentals off the market.