Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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New figures show lowest October asking price increase since 2008
The proportion of homes that are finding a buyer has dropped from eight in every 10 to six in every 10 making pricing competitively critical.
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Mortgage demand to decline as default rates rise
The Bank of England says availability of secured credit to households decreased in Q3 and is expected to decrease further in Q4.
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House buyers ‘still optimistic about property market’
Conveyancing tech giant says consumers are feeling financially worse off than they were a year ago, especially those aged 35-54.
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Estate agency chief warns Help to Buy is ‘ticking time-bomb’
Trade body boss Nathan Emerson is warning the after-effects of the Help to Buy scheme could create a dangerous housing bubble.
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Labour WILL regulate estate agents says Shadow Minister
Propertymark welcomes Matthew Pennycook's commitment to introduce the RoPA regulations if Labour wins the General Election.
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Property auction lots double year-on-year as sellers seek security
My Auction boss Stuart Collar-Brown says sellers’ expectations have not adjusted quickly enough to the current market conditions.
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Starmer says Labour to build 1.5 million new homes
The party's leader told its Liverpool conference 'it's time to get Britain building again' to create opportunities for first time buyers.
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RUBBISH! Agents reject £50,000 house price fall forecast
Lyndon Le Boutillier from Hearnes and two other agency directors say a prediction by Confused.com of huge drops in house prices by the end of 2024 are not true.
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90% of MPs ‘ignorant of Build-to-Rent as housing crisis solution’
Lack of knowledge a key challenge as vast majority would NOT prioritise build-to-rent in their constituency.
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BLOG: ‘Politicians can’t be trusted to build enough housing’
Russell Quirk says that the creation of a national development corporation could solve the housing crisis if only politicians could keep it simple.
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