Red Squirrel Property Shop


  • Annual UK house price inflation at +0.6%
  • 60% with over £300k price cutting asking prices by 5% to attract demand
  • Annual price falls of up to -2.2% concentrated in southern England on markets with an average price over £300,000
  • Other areas of England registering annual house price inflation of over 3.5%
  • Buyer demand down 18% in last two months due to mortgage rates
  • Rates peaking and already signs of dropping back closer to the 4% region
  • Likely to be the southern areas seeing price reductions throughout second half of the year with northern areas performing well
  • UK markets till on track to be down by 5% end of year
  • Mortgage decreased down to 4.99%
  • 80% of markets with an average price over £300k registering modest price falls



Getting a mortgage can be one of the biggest financial decisions you will ever make in your life. Here is a guide where we give you some top tips to help prepare you for a mortgage and the best way you can take a step further to a mortgage offer.

However, there are some risks that can prevent you from being approved of a mortgage offer. This can be due criminal records, No credit score or poor credit score or not enough deposit.


UK Half year report 2023



  •       House price inflation to 1.2% increase as quarterly demand has increased
  •       42% of sellers are accepting offers 5% or more under asking price
  •       UK house prices still on track to drop by 5% in total during 2023
  •       Anyone serious about selling in 2023 needs to be realistic on pricing “Falling mortgage
  •       11% Hit to buying power with higher mortgage rates
  •       14% Fewer buyers in the market in last 4 weeks, compared to 5-year average

We are very excited to announce the new addition to our growing team at red squirrel!smile

We are delighted to be shortlisted in the whole of the UK for the Best agents Fundraising champion award!


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