Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Don’t believe the naysayers. Tenants who ‘zero deposit’ are better off in the long run
Tenants who choose alternative deposit schemes are more likely to fall into arrears? Reposit boss Ben Grech says that just doesn’t stack up.
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Surge in property supply sees time to exchange fall to 115 days
New figure is the lowest point it has been since July 2021 and shows a promising downward trend but still far off pre-pandemic levels.
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Big drop in fall throughs but quarter of property deals still don’t make it
Stats from Quick Move Now reveal how agents are working hard to keep their pipelines intact, although caution is now the market watchword.
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Estate agents struggling with ‘confusing’ official energy policy on oil tanks
Agents seek advice on the government’s proposals to transition rural properties on fossil fuel heating systems onto renewable technologies.
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‘Lack of stock still driving up rental prices in UK’s prime markets’
Savills’ Jessica Tomlinson says smallest properties expected to continue to see strongest growth due to demand from needs-based tenants.
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Naive first time buyers put plans on hold after discovering ‘hidden costs’
New research reveals one in seven first time buyers suspend intention to buy due to raft of 'unexpected' fees and Stamp Duty.
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Planning system hold-ups delaying new builds for TWO YEARS
Government statistics show that large housing schemes are being stalled by staff shortages in planning departments.
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EXCLUSIVE: Industry figure explains why he was kicked off Twitter
Quirk was kicked off the Twitter social media platform with his account suspended after users complained about his allegedly defamatory remarks.
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SHOCK: House prices fall at fastest rate since 2011
Last week Halifax reported the largest annual house price fall in 12 years as prices slumped 2.6% in the year to June, down from a fall of 1.1% in May.
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Are they right? Estate agency claims top ‘must haves’ for homebuyers
Being close to a local park or green space was the most important 'must have' for prospective property buyers, according to Jackson-Stops.
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