Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Households under pressure amid Bank of England inflation warning
The Middle East conflict continues to mean high energy prices that will cause inflation to rise again this year, warns the Bank of England.
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Places where it takes six months to complete are revealed
Home movers are facing the "longest summer wait on record," says Rightmove's Johan Svanstrom.
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Industry reacts to Bank of England interest rates decision
Interest rates have been held at 3.75%.
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Agents point to 21,000 untapped sellers
Adam Day, of EXP, says there are thousands of potential vendors under pressure to put their property on market.
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Mortgage approvals recovered in June but caution remains
Buyer demand could be set to rise after a boost in mortgage approvals, Bank of England data suggests.
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Cut asking prices now ahead of autumn bounce, says Zoopla
Agents need to prepare listings now for when the market typically turns in September, says Zoopla's Richard Donnell.
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Rightmove: Sea view asking prices up 27% since 2019
Homebuyers are willing to pay a premium for a home with a decent sea view, says Rightmove's Colleen Babcock.
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Foxtons revenue and profits hit by Middle East and rental reforms
The sales and letting market has been "challenging," so far this year, says Foxtons boss Guy Gittins.
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Controversial pro-Mansion Tax YouTuber quits
Gary Stevenson has built a huge following of more than 1.6 million subscribers on his Garys Economics YouTube channel.
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Sales stock is up but rentals are falling, says Propertymark
The housing market "continues to show resilience despite ongoing economic and geopolitical uncertainty", says Propertymark’s Nathan Emerson.
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