Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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‘Overheated’ lettings market sees rent rises calm down
There are signs asking rents have risen too high in some markets - there has been a spike in rental listings with rent reductions of over 5%, says Zoopla.
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Housing market ‘has stabilised not tanked in 2023’ says Rightmove
Portal paints a rosier picture of the sales market than many media outlets, including an average sales slide of just 1.1%.
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‘Agents must appoint conveyancer before or when listing’
The Open Property Data Association’s Maria Harris says sorting legals sooner will mean fewer nasty surprises, fewer fall throughs and fewer delays.
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Surprise late Autumn boost for Prime London sales market
Knight Frank’s Tom Bill says London continues to outperform the rest of the UK, largely because prices grew by relatively less during the pandemic.
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Leading auctioneer says market recovery ‘due to cash buyers’ only
The Auction House boss says the property industry might not be as resilient as some pundits think with more and more cash buyers skewing figures.
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Conveyancers ‘hesitant’ to raise fees despite too much work
The Council for Licensed Conveyancers told responsibilities are increasing all the time, but fees haven't gone up.
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Sales instructions jump as sellers try to beat Xmas slowdown
Research by eXp reveals a 46% increase in homes for sale in last two weeks alone.
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Britain’s ‘hottest properties’ are in London and the SE – claim
Outra’s Pre Mover product tracks the 50,000 households most likely to put their property on the market within the next six months.
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Londoners most likely to rely on inheritances to buy property
Thirdfort boss Olly Thornton-Berry says one in four homebuyers in the UK rely on the ‘bank of Mum and Dad’ when it comes to buying property.
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