Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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‘Investor confidence in BTR falling’ says new lobbying group
Built to Rent Alliance says Government policy, economic problems, developments jammed in planning and red tape are bogging down sector's growth
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Tory senior figure says ‘inefficient’ Stamp Duty needs reform
Richard Fuller, who is Shadow Chief Secretary to the Treasury, says heavily taxing people when they move home is not a good way to stimulate growth in the economy.
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First-time buyers on lower incomes targeted in Nationwide lending move
The UK's second largest mortgage firm and director Henry Jordan have reduced the minimum income thresholds to reach more homebuyers.
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Interest rate cut next month now certain, brokers claim
The latest figures on economic output mean Andrew Bailey and the Bank of England are likely to reduce the base interest rate next month, mortgage experts predict.
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Chancellor to relaunch mortgage guarantee scheme for first-time buyers
Rachel Reeves is expected to confirm that Freedom to Buy is being introduced to help first-time buyers on a permanent basis.
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Millions still face remortgage pinch, Bank of England warns
Around 3.6 million households in the UK will have to renegotiate their mortgages over the next three years and it will sting financially.
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‘We can’t go back to the dark days of 200-day completion times’
Jamie Cooke, Co-Founder of Iamproperty, is urging the industry to focus on speed, security, and transparency.
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Housing market enters ‘more settled phase’ as buyer demand turns positive
RICS' agents are reporting the sales market to be stabilising for the first time since December, says Head of Market Research & Analysis.
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500,000 homes listed for sale since January, says leading data firm
Figures from TwentyEA show nearly 500,000 homes listed for sale during first half of year, as well as big surge in house-hunters.
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First time buyers ‘returning to The Smoke’ reveals Rightmove
New analysis by the portal reveals many first-time buyers are looking at properties in cities albeit not in uber-expensive London.
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