Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Scorchio summer leads to 16-year subsidence payout peak
Insurers expect to pay some £219 million in subsidence claims made in 2022, many of which were caused by last summer's record-breaking high temperatures.
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My Auction founder launches faster ‘more transparent’ platform
New service reduces fall-throughs, speeds up transaction times, takes the stress out of buying and selling property and provides assurances earlier.
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Purplebricks made ‘rest of us look good’, claims property consultant
Alex Goldstein says the troubled agency that is up for sale has helped conventional agents to raise their game.
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Buyers in driving seat as green shoots mark the arrival of Spring market
Sellers will have to show more realism on price to get their sale across the line according to Kris McLean, managing director of The Guild.
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Seasoned industry duo team up to launch Northern agency
Nigel Lenton and Jacqui Pringle, who were colleagues at Morgans, have set up sales and lettings firm The Agency
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‘It’s time to break the glass ceiling within the property industry’
Writing for The Neg, Lucy Love says seeing women in leadership roles shows that there is room for everyone to succeed within the property industry.
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Sellers who delist ‘will return to the market’, research shows
Just under half of the vendors who decided not to sell their property in 2022 will instruct an agent within two years, according to Spectre.
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Government-backed ID check sharing app for property industry unveiled
Newbuild home buyers only have to verify ID once under the MyIdentity system, avoiding multiple checks by agents, conveyancers, lender and brokers.
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Strike denies bid for rival Purplebricks is close
Strike says it has not spoken to Purplebricks directly, and isn't about to make a bid for the beleaguered agency.
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