Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Significant sales market slowdown is confirmed by HMRC
Latest figures from HMRC reveal a drop in sales last month, as the housing market loses momentum following last year's boom.
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Industry firm says ChatGPT to play major role in writing listings
Artificial intelligence could soon be 'helping' estate agencies write listings copy claims website and marketing firm Property Webmasters – so we put it to the test.
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Net Zero target out of reach without financial help, say industry leaders
A deadline of 2050 to achieve a carbon-free property sector will not be met unless there are policy changes, the Government is warned.
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Hybrid and online agencies see market share plummet
Firms like Purplebricks see their slice of instructions drop significantly in a year as the effect of the Covid lockdowns falls away.
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Industry webinar to tackle government inaction on lettings
Key figures from across the industry will come together in a free webinar tomorrow morning hosted by Goodlord boss William Reeve to discuss the challenges currently facing lettings.
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BLOG: With Purplebricks in trouble again, is DIY estate agency dead?
Glentree International boss Trevor Abrahmsohn casts his eyes over the latest Purplebricks developments and ponders whether this is the end for DIY estate agency.
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iamproperty to offer ‘ecosystem’ package of new services to agents
The property services and auctions business is ramping up its efforts to give agents an all-round tech service.
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‘What next for agent shareholders of OnTheMarket’ asks City analyst
David Reynolds of Davy Research says many agents may be waiting for its share price to recover, while the portal's chief says it shows most have faith in the portal's future.
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Brutal industry reaction as Purplebricks looks for ‘new ownership structure’
When Purplebricks announced on Friday it was looking for a buyer it didn’t take long for the knives – and jokes – to come out. Industry reaction has been both funny and brutal.
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Asking prices remain flat but first-time buyers are back
Average new seller asking prices rose by just £14 over past month, according to Rightmove, but first-time buyers are rejoining market driven by increasing rents and recovery in mortgage pricing.
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