From 8m ago 03.18 EST UK house prices will fall by up to 4% next year, predicts Halifax House prices in the UK are predicted to fall by between 2% and 4% next year, according to Halifax, which is part of Lloyds Banking Group, the country’s biggest mortgage lender. Pressure on household finances from inflation and higher interest rates has made a house purchase less affordable for many people, leading to fewer completions. Halifax expects a partial recovery in market confidence and transaction volumes in 2024, as interest rates ease and affordability improves. Property prices held up better than expected over the last year, falling…
