Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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London flat’s SOLD price drops £450k in seven years
The property in London's Canary Wharf has fallen victim to what appears to be part of a growing trend of price reductions on flats.
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Mortgage approvals rise… before the war started
The latest statistics on home loans from the Bank of England show there was an increase last month, but may not be an accurate reflection of the current property market.
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House hunter enquiries slump 13% in March, Zoopla warns
Uncertainty about the economic situation created by war in the Middle East has hit buyer confidence, says research chief, Richard Donnell.
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Lenders pull entire range of new mortgage deals
The effect of war in the Middle East has led to banks taking all their new home loan deals off the market.
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War forces housing market ‘switch from optimism to concern’, Propertymark warns
Propertymark CEO Nathan Emerson says the mood in the property industry is changing as war in the Middle East continues.
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Urgent action needed to speed up slowing property transactions
Latest figures reveal how buying and selling homes is taking longer as 'fragmented' industry approach fails to deliver, says CEO of Novus Strategy.
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First-time buyers ‘suffer most’ from rising mortgage rates due to war
The cost of home loans for buyers trying to climb onto the housing ladder has jumped since war in the Middle East began last month.
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Home sellers say agency fees ‘unfair’ in new poll
A quarter of property vendors said they were unhappy about being charged for premium listings and upgrades.
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Homes move ‘within reach of first-time buyers in most areas’
Nationwide's latest report reveals that affordability has improved for first-time buyers in 70% of local authority areas.
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UK’s cheapest town to buy a family home is revealed…and it costs just £82,000
Quiet town in County Durham sees prices for three-bed houses at only £82,000, new Zoopla research shows.
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