Chief Property Economist Andrew Burrell and Andrew Wishart, who leads our UK housing coverage, held a briefing on the shape of the coming downturn in the UK housing market. During this 20-minute session, the team answered client questions including:
- What the restoration of calm to UK financial markets means for mortgage lending;
- What this downturn could mean for transactions and construction;
- Why we’re below consensus on the extent of the price drop – and when prices could bottom.