Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Private renters say they are more satisfied with their housing than last year
Figures show rise in satisfaction levels with quality of accommodation and repairs and maintenance compared with the previous year.
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Welsh agents finally get amber light to restart property viewings
Viewings at occupied properties can start on 27 July, 10 weeks after England – providing infections don’t rise, says First Minister.
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Housing market recovery is under way says RICS, but long-term caution remains
Demand up, according to June figures, as recovery emerges and new listing rally following lifting of lockdown.
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Chancellor Rishi Sunak’s stamp duty cut could just push up house prices, warns IFS
Institute for Fiscal Studies warns the blanket increase in threshold to £500,000 could mean first-time buyers lose out.
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Lockdown drove new wave of movers to enter market – as demand spikes
28% of those looking to sell or change rental property had no previous plans prior to the lockdown – with demand up 32%, according to survey.
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Government urged to backdate cut in stamp duty to help recent buyers
The removal of stamp duty from the first £500,000 will come as a 'bitter blow' to those who have just completed.
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Spend, spend, spend Budget as Chancellor boosts jobs to kickstart the economy
Chancellor Rishi Sunak loosens purse strings and splashes £30bn to stimulate the UK economy in the aftermath of Covid-19.
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London lettings bounce back as renters flee possible Covid-19 ‘second wave’
Chestertons survey shows big increase in the number of tenants registering to look for new properties.
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New home sales experiencing a V-shaped recovery, according to new figures
Recovery in sales of new properties has been dramatic after collapsing by 60% in April.
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House prices fall for fourth month in a row, according to Halifax price index
Four-month house price fall is worst run since the aftermath of the financial crisis though prices are still up 2.5% on 2019.
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