Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Estate agent made famous on TV jumps ship to new firm
Lee Koffman, who has appeared on Britain’s Most Expensive Houses, makes the switch to Robert Irving Burns to head up its sales team.
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Landlords turn back on buy-to-let as mortgage costs rise
Despite the Government's u-turn on minimum energy standards, eight out of 10 surveyors have noted a decline in landlords planning to buy.
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Remortgage market ‘next big revenue stream for agents’
Richard Combellack says the remortgage market could provide a potential opportunity for estate agents to explore alternative revenue avenues.
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Trading standards boss says he’s powerless to stop ‘eyewatering’ referral fees
The head of National Trading Standards estate agency team says he doesn't have the staff to deal with conditional selling.
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Boiler grants to reach 10,000 fewer homeowners and landlords
Prime Minister Rishi Sunak's decision to increase amounts available for new heat pumps is not going to be backed with new cash – claim.
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Big estate agency boss calls for Renters (Reform) Bill to be scrapped
Managing Director Michael Cook also wants court, planning and greenbelt reform, an increase in social housing and an end to inheritance tax.
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Reports of sales market’s demise ‘may be greatly exaggerated’
Shortages of residential property stock remain acute at the lower levels of pricing but levels have now fully recovered at the higher-priced bands.
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BLOG: Gazumping and gazundering ‘prime indicators’ of poor economy
Trevor Abrahmsohn says these twin horsemen of the property apocalypse are the uninvited guests of a bull and bear residential property market.
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Mum & Dad’s paying the deposit! Sky-high rents force tenants to seek family finance
The cost of renting and the resulting deposit required is ranked as the biggest issue for tenants with many turning to other sources to raise funds.
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REACTION: Bank of England maintains interest rate at 5.25%
The Bank of England has decided to keep the base interest rate at 5.25% in a close vote of the Monetary Policy Committee.
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