Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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RICS: House sales stall but prices rise in Northern Ireland and Scotland
House sales across the UK continue to stall as the market weakens but house prices continue to rise in some areas and others start to pull back.
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BLOG: Will higher interest rates damage estate agents’ businesses?
Drawing on his experience of previous financial wobbles, the Glentree Estates boss looks at what the Bank of England and Chancellor Hunt's activities will mean for the housing market.
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Look away for a second and the housing minister has changed again!
In an unbelievable course of events, DLUHC now has its 14th housing minister in 12 years.
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Activist investor makes bold move to oust Purplebricks boss
Adam Smith has called a meeting of all shareholders to decide if Harry Hill should replace Paul Pindar at the top.
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Worrying news for agents as landlords ‘prefer direct management’
New study by academics in Bristol highlights the controversial findings from major probe into attitudes among landlords.
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Halifax and industry leaders blame weakening market on ‘Mini-Budget’
Lender says Mini-budget and financial downturn are to blame - but what do agents on the ground think is driving lower sales prices?
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EPCs ‘no longer fit for purpose’, RICS insists
The RICS says EPCs need to be digitised so prospective buyers can tailor the energy ratings.
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New-build sales for agents in jeopardy as construction flatlines
Data from RICS shows the housebuilding industry is slowing down after the post-Covid boom.
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REACTION: Bank of England hikes base rate to whopping 3%
Governors of the Bank of England today voted to raise interest rates by 0.75% from 2.25% to 3% – the highest one day rise in 30 years.
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Foxtons returns millions of pounds back to shareholders via new scheme
Foxtons Group has begun to buy back £3 million in shares as it starts to return excess cash to shareholders.
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