Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Buyers in driving seat as green shoots mark the arrival of Spring market
Sellers will have to show more realism on price to get their sale across the line according to Kris McLean, managing director of The Guild.
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Seasoned industry duo team up to launch Northern agency
Nigel Lenton and Jacqui Pringle, who were colleagues at Morgans, have set up sales and lettings firm The Agency
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‘It’s time to break the glass ceiling within the property industry’
Writing for The Neg, Lucy Love says seeing women in leadership roles shows that there is room for everyone to succeed within the property industry.
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Sellers who delist ‘will return to the market’, research shows
Just under half of the vendors who decided not to sell their property in 2022 will instruct an agent within two years, according to Spectre.
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Government-backed ID check sharing app for property industry unveiled
Newbuild home buyers only have to verify ID once under the MyIdentity system, avoiding multiple checks by agents, conveyancers, lender and brokers.
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Strike denies bid for rival Purplebricks is close
Strike says it has not spoken to Purplebricks directly, and isn't about to make a bid for the beleaguered agency.
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Revenue at Savills rises 22% including nearly £500m turnover in UK
The UK residential property market was driven by a surge in demand for larger properties with more outdoor space, as well as increased activity in the prime London market.
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RICS slams Budget for not going further and ‘lacking ambition’
The Royal Institution of Chartered Surveyors says it was disappointed by the lack of housing ambition in Jeremy Hunt’s first full budget.
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REACTION: UK to avoid recession this year, claims Chancellor during Budget
The UK is expected to avoid a technical recession this year according to the Office for Budget Responsibility, Chancellor Jeremy Hunt told the House of Commons this afternoon.
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Strike’s offer for Purplebricks being stifled by red tape – claim
Strike's offer to bail out beleaguered rival Purplebricks is thought to have hit the buffers due to limitations in the sales process.
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