Drop-In: UK house prices go over the edge – how far will they fall?

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.