What will drive UK house prices in 2022?

The UK property market has withstood the battering that was expected when we all went into lockdown in March 2020. Indeed, the ONS house price index for September 2021 confirmed an 11.8% rise in prices year-on-year. IGTV’s Jeremy Naylor explains in bringing this data up to date by using Rightmove’s index for November, while the month saw the biggest drop in prices since January 2021 - with a £2,000 slide to £342,400 - the market still looks resilient. He caught up with Jeremy Leaf, a former chairman of the residential unit at the RICS and founder of London estate agent, Jeremy Leaf & Co. He elaborates on what the rise in inflation is doing to house prices, the return to full stamp duty, and the ongoing cladding crisis affecting the market.Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter, Instagram and YouTube