18: After Trussonomics: where is the property market now?


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The disastrous Truss/Kwarteng mini-budget in late September sent shockwaves through the economy, with interest rates rising sharply and many mortgage offers being withdrawn by the banks. In this episode, property commentator Anne Ashworth is joined by Winkworth CEO Dominic Agace and Head of Developments and Commercial Investments Adam Stackhouse, to look at what is emerging from the gloom, after most of the measures were quickly reversed. What is the state of the property market now, have things settled down or will we see further price falls in 2023?

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