Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Property Ombudsman cracks down on damp and mould
The Property Ombudsman is cracking down on damp and mould in the private rented sector in the wake of the tragic death of toddler Awaab Ishak.
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Rightmove tech targets movers outside agents’ patches
A new advert offering from Rightmove enables agents to reach sellers looking to move beyond their own patch.
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Huge surge in demand for rental property as supply flatlines
Estate agents say that while the number of tenants house hunting keeps climbing, the number of available properties to rent has flatlined.
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Weakened demand sees return of buyers’ market
The booming house sales market was unsustainable and is now starting to balance out to pre-pandemic levels.
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Former Chancellor pours cold water on Government’s house-building targets
George Osborne tells Neg conference that 300,000 is unachievable without major Government intervention in market.
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LSL slams mortgage turmoil but group figures including instructions hold up
David Stewart, CEO of LSL, the Your Move parent company, says the last few weeks have been rocky, but results are still healthy.
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Mortgage interest rates on the way down, experts tell estate agents
Average five-year fixed rate loan offers are now below 6% with some even as low as 5%.
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Rental market most competitive on record as buyers hold back
Demand for homes to rent has jumped with four times the number of tenants per property available, the portal says.
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Purplebricks power struggle showdown – shareholders to decide
Motions to replace chairman Paul Pindar and replace him with veteran Harry Hill will be voted on at a general meeting.
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