Industry groups and lenders reluctant to make house price forecasts

Each year many lenders and various industry groups tend to release forecasts relating to house price movement over the year to come. However, this year – which has been a particularly turbulent one in the housing sector – a number of lenders and agencies have said that they will not be making any forecasts in relation to house prices, and this is for a number of different reasons. Read more

Tags: institute of chartered surveyors, house price forecasts, hbos, mortgage lenders, takeover, lloyds tsb, different reasons, various industry groups