Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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‘Get on board!’ Agents urged to adopt new homes quality mark
The New Homes Quality Code measures how developers are looking after their customers.
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Listings surge a boost for first-time buyers
The Christmas listings surge could be a boost for first-time buyers looking to take their first step on the housing ladder, experts from PriceHubble have predicted.
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Former coal mining town crowned Rightmove’s 2022 price hotspot
A former coal mining town in the Broxtowe district of Nottinghamshire has been crowned Rightmove’s 2022 price hotspot after average asking prices jumped 29% compared with 2021.
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Mortgage approvals hit lowest point since lockdown
Bank of England stats show that numbers of people taking out mortgages dropped more than 10,000.
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Mini-Budget cost industry £300 million in transaction fall-throughs
The number of property transactions falling through after last year’s Mini-Budget was the highest recorded in five years and cost more than £300 million.
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Predictions for the road ahead in 2023
While 2022 was a year of two halves with the disastrous Mini-Budget sending the mortgage market into chaos our property experts suggest greener fields lie ahead in the Year of the Rabbit.
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Housing market heading for big fall this year, economists warn
A survey of economists reveals that most believe a recession will have a major impact on house prices.
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Scottish housing market heading for homelessness crisis
Scotland needs a coherent long-term plan to create a housing policy or cases of homelessness will increase, says leading agent.
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Mixed predictions for 2023 from George F. White
Property specialists George F. White only expects a 5% dip in house prices this year, but a tougher year lies ahead for landlords, tenants holiday lets and agricultural land.
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‘Two out of three landlords set to raise rents in 2023’
Two out of three landlords say they will be driven to raise rents by 10% and nearly half say the job’s harder than this time last year, according to research.
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