Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Leap in mortgage approvals signals market recovery
Bank of England statistics show that agreed mortgages climbed to 52,000 in March, up from 44,100 the previous month.
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Help to Buy ‘must be extended beyond new builds’, says estate agency chief
The trade body's CEO Nathan Emerson welcomes news that Help to Buy may make a comeback, but says it needs to include older properties.
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Acorn Group reveals profits slump before LRG takeover
The parent group of John Payne and Langford Russell saw profits fall prior to the LRG buyout.
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Estate agents urged to offer ‘sellers packs’ NOW
For some sellers, a collapsed sale prompts cold feet and properties to be withdrawn from the market altogether for fear of further stress and financial losses.
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Nearly a third of adults with ‘complex incomes’ denied mortgages – report
For those who have a complex income, it can be more difficult to get a mortgage because borrowers are perceived to be a higher risk to lend to.
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First-time buyers ‘driving housing market recovery’ – Zoopla
Research by Zoopla reveals that tenants are looking to buy in larger numbers as rents spiral upwards.
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Buyers seek out Royal Boroughs as Coronation nears
Research by Opinium reveals one in four adults’ desire to live near a Royal property is driving buying decisions and would consider paying nearly £10,000 above the asking price.
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Scottish house price rises by 50% over the last decade
Research by DJ Alexander says the average price of a detached home in Scotland increased by 55.4% – and doubling in Glasgow and Edinburgh.
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BLOG: ‘This week’s elections will influence the future of the private rented sector’
Leaders Romans Group lettings boss Allison Thompson shares her top tips for landlords when it comes to quizzing council candidates ahead of this week's local elections.
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Housing market recovering after slow start, HMRC says
The latest property transactions data from HMRC reveals a modest upturn in sales after a quiet February.
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