Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Fine & Country demands pro-housing action in Spring Budget
MD Jonathan Handford calls on Government to reduce Stamp Duty, reintroduce a modernised Help to Buy and reform the planning system.
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ANALYSIS: UK has world’s highest property taxes
The high cost of Stamp Duty, Council Tax and Business Rates mean the UK pays the highest proportion of its GDP on property tax in the G7.
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‘It’s got everything’ say estate agents in ‘best place to live’ town
The Sunday Times 'Best Places to Live' guide has revealed a list of the country’s top locations.
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Yes, Minister! Shared ownership could fix housing crisis, claims estate agency
Shared ownership bridges ‘the gap between renting and full homeownership’ and can give the entire housing market a boost at no additional cost to the Exchequer.
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REACTION: Bank of England keeps Base Rate at 4.5%
The BoE's Monetary Policy Committee has decided to hold its base rate at 4.5%, citing global trade changes led by the US and a sluggish UK economy.
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Industry warned ‘brace yourselves for complaints after Stamp Duty deadline’
Ombudsman says solicitors should get ready for lots of unhappy customers facing higher Stamp Duty bills after 1st April cut-off.
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Many homeowners ‘get asking price wrong’, says Zoopla
The portal's research shows that 78% of property owners do not know how much their home is worth, with most undervaluing it.
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Industry experts expect Bank of England to hold base rate
Propertymark and others say a freezing of the Base Rate might disappoint some in the property sector, but long-term stability is more important.
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Savills claims big market lead in new ad campaign
The international property giant says it sells 40% more £1m-plus homes than any competitor agency in an advert published in national newspapers.
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Over half a million transactions caught in Stamp Duty logjam
Claims is made by Rightmove's Colleen Babcock, who says some 74,000 of those hoping to complete before April 1st will not make it.
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