The UK housing market ran out of steam after the Brexit vote, but could take off again over the next 12 months, according to the Royal Institution of Chartered Surveyors.
A Rics survey showed house price rises slowed significantly in the three months to the end of July. The surveyors said new buyer enquiries, home sales and new instructions all fell over the period.
The number reporting price increases dropped to its lowest in three years. They outnumbered those seeing price falls by 5 per cent, compared to 15 per cent in June. And the survey found prices had fallen outright in London, East Anglia, the North of England and the West Midlands. InsuranceInsurers have been ordered to come clean over the stealth price hikes they inflict on loyal customers, according to the Daily Mail.
Renewal letters will now have to tell clients what they paid last time. Customers will then know whether the next 12 months will cost them more. Announced
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