FIT

Following a highly successful FIT Show, Roseview Windows has confirmed that it has already booked its place at the next show in 2025.

Inflation has dampened down an over-heated home improvement market. Mark Atkinson, Sales Director, Hurst Doors, argues doors will still deliver sales.

We need to recognise that the landscape has shifted. The things that inflated the market in the last threeyears are now in the past and that has to be reflected in how we move forward.

Recognising Change

The UK housing market has so far showed incredible resilience. Despite rising energy costs and inflation the housing market continues to perform, even if activity has slowed.

Annually average house prices are currently around 3.5% lower than they were at the same time last year but month-on-month according to figures from Nationwide, climbed in June to £262,239, up from £260,736. This is despite the aggressive half-point increase by the Bank of England in base rate to 5%.

This is something that we can and should take some comfort in, but we should also recognise that with homeowners coming to the end of fixed mortgage terms and interest rates at a 15-year high, the next 12-months will be financially tough for many.