Search Acumen comments on today’s ONS House Price Index, February 2017

Print This Post

11 April 2017


Search AcumenAndy Sommerville, Director at Search Acumen, comments:

“Today’s house price data will do nothing to improve the bleak view of the UK’s property market. Average house price growth remains below the extortionate surge we witnessed in 2016, but the 5.8% growth in the year to February 2017 has rocketed the cost of buying to the highest point on record.

“RICS last month reported the twelfth consecutive month with no improvement in national listings of houses, and the Bank of England has told us to expect sluggish activity in the market. This is not good enough – our sector needs immediate action to tackle its chronic inefficiencies and place home ownership back within the reach of ordinary families and young people.”

For more information on ONS House Price Index (February 2017) click here and on The Bank of England’s Agent’s Summary click here.

 

 



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate

Tags:



Legal Futures Blog

Preparing for the GDPR – What do you need to know right now?

Craig Forsyth

On 25 May 2018, the EU General Data Protection Regulation (GDPR) comes into force. That might seem like a long time, but that’s just over 100 days away at the time of writing. Actually, GDPR was adopted back in April 2016, May 2018 is the end of the two-year grace period. The GDPR brings with it a whole host of changes, and the penalties for non-compliance are higher than ever, either 4% of your annual turnover or £20m, whichever is higher. But how do you prepare? What do you need to change first? Where do you even start?

February 19th, 2018