Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Rightmove data prompts market shock as house prices plummet
House prices fall as some movers wait for calmer 2023 with higher mortgage rates dampening buyer demand but more normal activity expected later in 2023.
Read More » -
Group in charge of selling reform reveals ‘upfront information’ changes
The Home Buying & Selling Group has started to roll out its Property Data Trust Framework to the public and wants the industry to adopt common standards.
Read More » -
Strong demand for rental homes will bring with it the rogues – warning
Snap poll of landlords reveals the fear that the worsening rental housing shortage will attract bad landlords to the PRS.
Read More » -
Minister admits rental sector has shrunk by 260,000 households since 2016
Felicity Buchanan reveals shocking figure in candid letter to fellow MPs on state of the lettings market.
Read More » -
Estate agents’ big New Year wish? To see interest rates falling
Poll of property professionals sees nearly two-thirds putting falling rates at the top of their wish list.
Read More » -
Housing market ‘not facing Armageddon’ says leading researcher
Research firm says difficult times are coming but figures don’t signal disaster for housing market.
Read More » -
Government abandons long-held UK target to build 300,000 a year
High political drama in parliament as rebelling MPs force Secretary of State to ditch house building figures.
Read More » -
House prices fall for first time in two years as mortgage rates jump
Nationwide figures reveal a month on month fall in house prices in November, with the typical home now costing £263,788.
Read More » -
It’s a buyers’ market and prices could fall by 25% – or more
Agents give their verdict after figures from Nationwide showing house prices fell in November for the first time in two years.
Read More » -
‘It’s not Armageddon’, but mortgage approvals bomb
The Bank of England says mortgage approvals fell 7,000 last month after the Mini-Budget hit the market.
Read More »
