Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Vendors realised £103,000 on property sales last year says Hamptons
Despite falling prices more than nine out of 10 sellers still sold their home for more than they paid netting themselves just over £100,000.
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BLOG: ‘Don’t delay’ now is the time for vendors to go for it
Paul Hilton of ESPC explains why, even in a slower market, homeowners shouldn’t hold off on selling their homes.
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Industry boss says home sales market due to ‘return to normal’ this year
Landmark Chief Executive Simon Brown says a high level of listings and cheaper finance means the market could be ready for positive movement.
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One in six ‘seriously considering’ buying a home, new stats reveal
Research by Cala Homes shows that 16% of Brits believe the time is right to take the plunge into the housing market
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Property sales rising as mortgage rates drop, report surveyors
RICS UK Residential Survey reveals sales expectations to be picking up for a second consecutive month.
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Inflation blip will see mortgage rate cuts ‘later than expected’
Economist Ruth Gregory says mid-summer may be the earliest agents will see a reduction in the Bank of England's base rate.
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Nearly 40% of property deals featured gazundering before Xmas
Quick Move Now says the number of home sales hit by gazundering is the highest since 2008.
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Landlords back urban flats as workers return to office working
Over a quarter of UK landlords agree that flats in the city are better investments over rural accommodation and would continue to be so in 12 months.
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London is hottest for letting agency competition says deposit firm
The Capital has seen the largest increase in letting agent numbers, up 4% year on year, equating to an extra 232 letting agents.
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SHOCK CLAIM: 5,000 high street branches closed last year
Approaching 3,000 sales offices and 2,000 lettings branches shut down in 2023, TwentyCi's analysis reveals.
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