Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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BTL investors going North for better returns, claims leading agent
Areas like Hartlepool and Liverpool offer better yields as high mortgage rates and falling house prices put a dampener on profits.
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London’s pandemic exodus ‘in reverse’ as workers move back
Analysis by estate agent Foxtons reveals that the London market is back in balance with both inner and outer London helping to drive market performance.
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Slowdown in Europe’s housing market starts to ease off
RE/MAX Europe boss Michael Polzler says Europeans are moving towards fresh models of property ownership and communal living.
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Cheers! House price declines slowing in time for Christmas
RICS says that the pace of decline appears to be stabilising although the imbalance between tenant demand and landlord instruction remains strong.
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Wales in extraordinary move to help homeowners pay their mortgages
Housing Minister Julie James says interest-free loans will help home owners reduce their overall debt and, therefore, monthly repayments.
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Prime housing market ‘not immune to weak economy’
Knight Frank’s Tom Bill says some form of UK-wide support for the housing market would be welcome given the negative events suppressing demand.
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Self-employed buyers ‘missing in action from market’, says mortgage firm
The Mortgage Lender says many self-employed people don't apply for mortgages, often assuming they'll be rejected.
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REVEALED: Jumping, munching insect ‘taking on Japanese Knotweed’
Scientists at Cabi say ‘psyllids’ can weaken the plants’ ability to spread and turn it from a threat to just ‘another annoying weed’.
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Law Society reveals new rules for property sales
The Law Society is consulting on a new code that would make it easier for solicitors to exchange contracts.
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£71 billion first-time buyer rebound expected by 2025
Research into future lending to FTBs predicts 26% growth within two years, according to two organisations.
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