Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Software firm to tackle problems facing agents and conveyancers head on
TM:tv is kicking off 2023 with a special episode launching its latest property industry research 'Back to the Future' – following on from the success of last year's 'The New Normal' report.
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Kate Faulkner gives candid views on the biggest issues facing agents
The latest Today’s Conveyancer podcast sees industry expert and The Neg columnist Kate Faulkner OBE deliver her verdict on the current state of the property market.
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New chain-breaking tool for new build developments
Alternative Bridging Corporation has launched PartX Property Finance, a pre-approved part exchange facility to speed up sales and fix chain breaks on new home developments.
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REACTION: Bank of England raises rates to 14-year high
The Bank of England today raised interest rates to 4% - a 14-year high and the 10th consecutive raise - making rates their highest since 2008 as double digit inflation continues to bite.
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Private Rental Sector stock value soars to £1,536 trillion
The value of Private Rental Sector stock across England and Wales has soared to a staggering £1,536 trillion since 2019, analysis from Sirius Property Finance has found.
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Nationwide: House prices fall again as squeeze on mortgages hits
House prices fell again in January from August's high as growth is stalled by a lack of cheap mortgage deals.
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WARNING: Today’s civil servant strike ‘to hit property deals’
Civil servants from Land Registry are among thousands of mandarins due to strike today as they demand better pay.
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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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