Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

The Nationwide index revealed a 0.3pc month-on-month fall taking the average UK house price to £210,402, down from £211,756 in January. This marks the first time since August 2017 that house prices have fallen month on month. The price-to-earnings ratio is now around 10 times average salaries, making London one of the most expensive and difficult places for people to get on the property ladder. The rental market remains strong, but thousands of landlords have been deterred by recent tax changes which will dramatically reduce their net earnings from but-to-let properties. Tough new rules on HMO lettings coming in this autumn will be another blow to landlords. What does this all mean for buyers and investors and where are property prices going? The answer is nobody really knows for sure. The more experts you listen to, the confused you’ll become! There is still a shortage of homes in the UK and the Prime Minster Theresa May announced measures to force builders to build more homes faster