Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Big landlord warns rising rents threaten ‘heart and soul’ of property market
Latest data from the Office for National Statistics shows annual private rental prices increased by 5.4% in England, 6.5% in Wales and 6.0% in Scotland.
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eXp to investigate high-profile agent over TV allegations
Adam Day, boss at eXp, says the US-style agency will investigate claims that Ian Wyn-Jones misled customers.
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Ban on gas boilers ‘to be delayed’ say Government insiders
The Government will put back a move to outlaw gas boilers in favour of heat pumps, according to a No 10 source.
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More agents allowing viewings by ‘non proceedable’ potential buyers
Approximately 13% of people viewing properties are currently ‘not proceedable’, up from 3.7% last year, says Danny Luke of homebuying firm Quick Move Now.
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Newbuilds ‘on hold’ as stock slumps below pandemic levels
DJ Alexander says house building has hit a "worryingly low level" north of the border as the population reaches a record high.
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Scots property sales fastest and London slowest, new market data shows
Quick Move Now and Home.co.uk have issued a league table of the best and worst markets in the UK.
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AGENT BLOG: The ‘light at the end of the tunnel’ moment has not yet arrived
Knight Frank’s Tom Bill says that while Nationwide reported a -5% fall in house prices average prices in prime central London declined by just 1.4%.
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Gloomy agents tell RICS there’s ‘little sign of relief in housing market’
The latest RICS data shows a 'sluggish' housing market and no cause for optimism yet.
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Tenants paying nearly 30% of their wages in rent, says Zoopla
Zoopla says tenants being forced to find smaller homes, move to cheaper areas or share a property with other tenants to reduce rents paid.
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Landlords ‘borrowing more as rental market costs rise’ says lender
Research from Octane Capital reveals a 19% leap in the average buy-to-let loan debt.
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