Skip to main content
Legal news

Halifax reports house price fall

Jonathan Winston Jonathan Winston
1 min read

The Halifax has reported that house prices have fallen in the latest set of figures following a three-month rise, though the quarterly figure does show a jump of 1%.

The Halifax figures, which put the average price of a property at £161,743, are broadly in line with those of Nationwide and economists stress that the decline does not detract from a relatively stable picture. It expects house prices to continue falling over the next few months amid continuing fears of a double-dip recession and despite the fact that interest rates remain at an all time low less people are buying a house.

The recent high in house prices came in April last year with a figure of £168, 593 but they fell back to just £160,393 this April. Howard Archer, chief UK and European economist at IHS Global Insight, said there was little surprise in the Halifax figures. He added: “We suspect that squeezed purchasing power, tightening fiscal policy, a softening labour market and persistent serious concerns over the economic outlook will limit potential buyers and weigh down on house prices.”

https://www.independent.co.uk/news/uk/home-news/house-prices-drop-1-2-says-the-halifax-2350555.html

Client feedback

Very helpful and promptly anwsers emails as soon as.
Anonymous
Many of my family members have used Winstons Solicitors for their conyancing, over many years. I too have now used them and they did not disappoint. Samantha Robertson-Strong and Paulo Dos Santos were my main persons of contact. They were highly professional and very thorough, whilst maintaining an air of friendliness and approachability throughout. I cannot recommend them highly enough!
Mr T
Monika is extremely trustworthy, professional and experienced. Have very much felt in safe hands during a very difficult and stressful time of my life. Would highly recommend.
Zoe
Good Solicitors, helped couple times. Nice comunicion and people
Tadas
My son recently purchased a property. I had used Winston Solicitors for many years and had no hesitation in recommending them to him. Their service is outstanding; very professional yet friendly and approachable. Samantha is awesome. She always does a thorough job. Paulo, her assistant, has been an absolute pleasure to deal with as well. So a huge thumbs up and many thanks all around! - October 2025
J Thompson, Manchester
This was a stressful (and as it was a property purchase caused by divorce), very emotional. Samantha and Paulo were always very kind and patient. - October 2025
Dawn B, London
I recently used Winston Solicitors for the purchase of my first home and was extremely impressed with the service. My solicitor, Leasa, along with her assistant, Julie, were outstanding throughout the process—thorough, accommodating, and always patient in explaining each step clearly. They made what could have been a stressful experience feel smooth and manageable, always going above and beyond to support me. I truly appreciated their professionalism and personal approach, and I would not hesitate to recommend Winston Solicitors to anyone - I cannot thank you all enough. - September 2025
A Woods, Ryton
Professional & thorough throughout conveyancing process. Efficient communication & timely updates from Amr & Joe. Would not hesitate to use their services again. Highly recommend. - September 2025 
Elizabeth M, Leeds
Contact Jonathan