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Bristol Post
Bristol Post
National
Estel Farell Roig

Mixed Bristol house price prediction as UK forecast to fall into recession

Bristol Recession United Kingdom Bank of England

House prices are being given mixed predictions by Bristol property experts as the Bank of England forecast the UK will fall into a recession this year. Inflation rose above 10 per cent for the first time since the 1980s back in July while the energy price cap nearly doubled last month.

Property experts have now predicted what they believe will happen with property prices over the next few months, with one forecasting a slowdown in the rate of price growth and another one predicting house prices are to fall.

Graham Cox, founder of the Bristol-based broker SelfEmployedMortgageHub.com: “August was busy, with lots of enquiries from clients looking to remortgage.

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