Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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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.
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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.
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Housing market ‘not facing Armageddon’ says leading researcher
Research firm says difficult times are coming but figures don’t signal disaster for housing market.
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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.
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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.
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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.
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‘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.
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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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Would you? Reports of more agents sealing deals via social media
The Evening Standard highlights buyers who made a purchase on Facebook, and 'agents' selling on Instagram.
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