Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Homebuyers reject return of Help to Buy
Research by agent comparison site GetAgent finds more than half of potential homebuyers say Help to Buy is not the answer.
Read More » -
The Great British Landlord Sell-off continues apace despite booming demand
As 33% of private landlords in England and Wales said they planned to cut the number of properties they rent out, NRLA chief Ben Beadle says renters are bearing the brunt of the supply crisis.
Read More » -
Bank of England raises interest rate again as expected to 4.5% – industry reaction
Governor Andrew Bailey announces a base interest rate rise for the 12th successive time to deal with inflation – and says inflation is coming under control.
Read More » -
‘Thousands of landlords selling up’ in face of EPC challenge
Cornerstone Tax says only one-in-five landlords believes their property investment has been profitable.
Read More » -
Housing market still weak but picking up… slowly, says RICS
Demand from new buyers continues to slump, but other signs point to a gradual recovery in sales as mortgage rates fall slightly.
Read More » -
Property search delays ‘blight’ market and tie-ins ‘must be outlawed’ insists agents chief
Search agents leader Andrew Prismall says it's taking up to three months to get a report back and local agents have the best chance of getting it done quickly.
Read More » -
Tenant demand hits all-time high – lender reports
A survey of nearly 700 landlords found that 67% experienced increased tenant demand during Q1, up from 65% recorded during the final quarter of 2022, the previous record high.
Read More » -
Leap in mortgage approvals signals market recovery
Bank of England statistics show that agreed mortgages climbed to 52,000 in March, up from 44,100 the previous month.
Read More » -
Help to Buy ‘must be extended beyond new builds’, says estate agency chief
The trade body's CEO Nathan Emerson welcomes news that Help to Buy may make a comeback, but says it needs to include older properties.
Read More » -
Acorn Group reveals profits slump before LRG takeover
The parent group of John Payne and Langford Russell saw profits fall prior to the LRG buyout.
Read More »
