Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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The Property Franchise Group on target to report profit
The Property Franchise Group’s acquisition of Hunters Property in March 2021 combined with strong organic growth puts profit ahead of expectations, reports CEO Gareth Samples.
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Belvoir reports record revenue after £4 million jump
Revenue at Belvoir Group increased to a record £33.5 million from £29.6 million in 2021 buoyed by an increase on rents on new tenancies increasing by 10.8% during 2022.
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Mortgage approvals hit rock bottom as market struggles
Bank of England figures show mortgage approvals dropped dramatically in December.
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Foxtons to buy more smaller agencies to grow lettings book
Guy Gittins says the firm needs to boost its lettings book, and will do this with a takeover strategy.
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Conference to help mend relations between agents and conveyancers
National Conveyancing Week is launching in just eight weeks time and will take place between March 20th and 24th this year.
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Leadership in estate agency is missing – claim
All decent businesses need good leaders, or so they say, but leadership in estate agency is missing according to a panel of industry figures.
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EXCLUSIVE: O’Neill Patient hits back at customer criticism report
The boss of the leading conveyancing firm has hit back at stinging criticism his firm received in a national newspaper from frustrated homebuyers.
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Naked ambition? Adult star to become affordable homes landlord
Rebecca Goodwin, who stars on adult website OnlyFans, wants to buy eight houses and rent them to low income families.
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UK property market will not ‘bounce back’ until late 2024
The boss of PriceHubble, the European property data analysis and tech provider, warns that the UK property market will continue to decline well into 2024 but will avoid collapse.
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‘Buyers holding back as they wait for mortgage rates to shrink’
Demand for homes rebounded in the first weeks of January but the start of 2023 is a slow burn with buyers waiting to see what happens next.
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