Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Landlord Investment Show comes to London – 24th March
A major event aimed at landlords and property investors takes place next Tuesday in Central London – and it's free to attend.
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REACTION: Bank holds interest rate amid war uncertainty
The Bank of England and Governor Andrew Bailey voted unanimously to keep the base interest rate at 3.75% after earlier predictions there might be a cut.
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Connells owner reveals ‘collapse’ of first-time-buyer market
Stuart Haire of Connells-owner Skipton says only one in 15 home purchases are now made by people aged under 25.
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Will Trump’s Middle East war end hopes of base rate cut today?
Sales agents hoping for a shot in the arm for the property market in the form of a rate cut are likely to have their hopes dashed by the Monetary Policy Committee today.
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Tories launch petition calling for Stamp Duty to be scrapped on main homes
Ollie Marshall of Prime Purchase supports the initiative saying removing Stamp Duty would be transformative as it is one of the UK’s most ‘toxic taxes’.
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Hundreds of high-end properties to flood London market after collapse of shadow bank
Properties in Mayfair, Belgravia, Kensington, Knightsbridge, Fitzrovia, Marylebone and Nine Elms are to be sold by administrators.
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Spike in London sales and lettings enquiries from the Gulf as war intensifies
Estate agents are reporting a big increase in both sales and lettings interest from expats and investors from the Middle East due to the conflict there.
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Agents see fees earned increase as sale prices rise
Colby Short of GetAgent reports increased income per sale for agents in 15 UK cities as property prices continue to rise.
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Trump’s war dashes hope of rate cut this week
Experts expect the Bank of England and its Governor Andrew Bailey to respond to the effect of war in the Middle East by keeping the interest rate at 3.75%.
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Housing market holds firm despite increasing global uncertainty, Rightmove claims
Rightmove’s Colleen Babcock says it is too early to tell what effect the crisis in the Gulf might have on the property market.
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