Editor's note: This brief was summarised by The Property AI Newsroom from a report by Letting Agent Today. Read the original article for full details.
Rent to Buy Provider Warns of Housing Market Slowdown
The head of a rent to buy housing provider has issued a stark warning about the state of the UK housing market. Jeremy Matallah, co-founder of Keyzy, made his comments following the release of the latest Halifax house price index.
According to the Halifax index, UK house prices fell by 0.1% in May, marking the second consecutive month of marginal decline. The assessment from Matallah comes as the market continues to show signs of slowing, which may be relevant for letting agents and inventory clerks monitoring market trends.
Source: Letting Agent Today