Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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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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Conveyancing giant reveals loss while takeover talks continue
Smoove made an EBITDA loss of £4.8 million in the last year, as it waits for a possible bid from a rival firm.
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Lack of up-front information still scuppering home sellers
The majority of sellers said the timeline in which they had to move was an important factor when entering the market but four in 10 would pay for a quicker sale.
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Shock tumble in completions during first six months of 2023
Across the nation both transactions and total market values of homes sold fell by more than 50% across every area of England and Wales.
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