Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Scotland’s prime market is booming, report leading agents
Savills says £1 million-plus sales reached a new record north of the border last year with 491 transactions registered.
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‘Landlord bashing is beginning to affect supply in the rental market’
Trio of senior property industry interviewed by Phil Spencer agree negative politicians, HMRC and campaigner actions against landlords are taking their toll.
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Purplebricks ‘will probably survive’ industry expert predicts
Anthony Codling of Twindig told The Neg he would be surprised if Purplebricks didn't make it.
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UPDATE: Douglas & Gordon sales arm in administration – confirmed
Just over a year after Foxtons sold off the sales wing of Douglas & Gordon to CEO James Evans, it goes into administration, legal company confirms.
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Vendors switching agents in growing numbers, research reveals
Home sellers are much more likely than last year to choose another agent as the market slows, a study shows.
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Scrap Stamp Duty on residential home purchases urges think-tank
Policy Exchange says the £14 billion Stamp Duty tax is stalling the property market by punishing retirees looking to sell large homes.
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Gazundering makes a comeback as house prices stall
Scourge of vendors returns with a third having offers lowered with just days to go before their sale is set to complete.
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Renters ‘harder hit by cost of living crisis than homeowners’
Figures from the ONS show that tenants are struggling to pay energy bills, and are being forced to borrow money.
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LRG reveals boost for buy-to-let market
Eight out of 10 landlords still see residential property as the best form of investment and plan to maintain or increase their portfolios over the next year.
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Boiler upgrade drive for rented homes is failing, warn Lords
A House of Lords committee says urgent changes are needed to improve take-up of the Government's low-carbon boiler initiative.
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