Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Three quarters of house sales sink below asking price, data shows
Propertymark chief Nathan Emerson says its latest survey reveals a high number of deals under the original amount.
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Housing firm to offer shared ownership scheme via agents
Heylo's Your Home is a private shared-ownership proposition that turns freehold homes on the market into part-buy, part-rent proposition.
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Tebb to stay in charge at OTM after takeover
Current OnTheMarket CEO Jason Tebb to remain in post after CoStar acquisition goes through – and there will be no job losses.
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Auction markets remaining resilient and reporting steady growth
Essential Information Group’s David Sandeman says that the property auction market's overall realised value stands at over £572.9 million.
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Stock levels surge as sellers buoyed by better mortgage market
Estate agency comparison site GetAgent says new for sale homes have shot up 128% since the start of the year.
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Financial woes hit housebuilding sector as construction slows
Barratt issues a trading warning for the next few months, which hits the share price of rival developers.
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Industry senior calls for urgent action as rent rises spiral
Propertymark boss Nathan Emerson wants Government to step in as rent surge puts thousands at risk as landlords push prices up.
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Agents slam SNP’s unachievable house building targets
Propertymark says SNP leader Humza Yousaf must explain how it can deliver a claimed 110,000 new homes by 2032.
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Listed home owners reveal repairs and maintenance crisis
The Listed Property Owners’ Club is calls calling for VAT relief on repairs for this class of home as cost of living pressures continue to mount.
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East of England sees highest drop in property sales and SSTC
Street.co.uk Co-Founder Heather Staff says higher mortgage rates are having a pronounced effect on buying power as budgets are squeezed.
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