UK house prices are expected to fall in 2024, according to analysts and lenders, while the cost of renting a home will continue to rise. The government's official forecaster said property prices were most likely to drop by nearly 5%, although lenders expect less of a fall. Rents on newly-let properties could go up by a further 5-6%, property experts say, following a year of sharp rises. That would limit the benefit of falling prices for potential first-time buyers. Many tenants say they have been stretched by soaring costs, limiting the ability to save for a deposit among those wanting to buy a home. Slow year A ... (full story)