5FF Short Cut: 41% of sellers slash prices, chase the market down. Are they too late?

Inflation is up, with CPI at 3.5% for September and a November rate rise looking nailed on. Government borrowing is running far beyond forecast, a record for September apart from Covid, with total debt past £3 trillion, which unsettles the bond market and mortgage rates. Job vacancies fell 21,000 to 691,000, the lowest since 2014, with unemployment at 4.7% and Barclays cutting 5,000 jobs. 41% of homes for sale in England have had a price cut, as sellers chase the market down. Mortgage deals now last just 13 days before they're pulled or repriced, so get your mortgage offer locked in. Bonus: most first-time buyers now pay more on their mortgage than they did in rent, even before maintenance costs. Sources for every fact: https://mhwc.co.uk/blog/5-fact-friday-23rd-october-2026/ Watch the full livestream: https://www.youtube.com/watch?v=PKPnBiqJ5LE Support the show Follow me on X for daily updates: https://x.com/moving_charlie  🎥 Charlie's Golden rules videos for Buyers: https://www.youtube.com/watch?v=h6T-uZ28a80  Sellers: https://www.youtube.com/watch?v=W9oR28aWLOs  Offering: https://www.youtube.com/watch?v=iZaDs7uZ5Hw 🎥 Playlist of FTB advice - https://www.youtube.com/playlist?list=PLKomt2RI3JYnJ3imNEWjKGkszf_bzqDfe 📧 E-mail template for cash offers - https://mhwc.co.uk/email-templates/suggested-email-offer-template-for-cash-buyers/ 📧 E-mail template for FTB mortgaged offers - https://mhwc.co.uk/suggested-email-template-for-first-time-buyers-making-an-offer-with-a-mortgage/ 💰Speak to Charlie’s recommended mortgage brokers - https://mhwc.co.uk/mortgage/ 🧑‍⚖️ Get a quote from Charlie’s recommended conveyancers - https://mhwc.co.uk/conveyancing/ ...