Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Chancellor considers looking at reviving Help to Buy – claim
Hamptons believes that the Government could use Help to Buy scheme to give the stalled market a boost.
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Stamp Duty windfall ‘to make it a tempting target for Chancellor’
21% surge in the Government’s tax take comes despite a pre-budget pause in the housing market.
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Gazundering ‘now hits 90% of property deals’, claims lawyer
Simon Nosworthy of Osbornes Law says it is "standard practice" to demand a last minute reduction in the asking price.
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AGENT: Banks ‘cutting mortgage rates ahead of Budget and BoE decision’
Lenders fighting to attract homebuyers are encouraged by lower inflation and a possible base rate cut, according to Mary-Lou Press of Propertymark.
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Government backs coalition seeking faster homebuying
Main players have been brought together to build roadmap for smart-data framework that will underpin new homebuying process.
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Listings hit 1.5 million so far this year, but will Budget change that?
Buyer activity remains resilient as the housing market waits for clarity on 26 November, according to property data firm.
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INFLATION: ‘Still too high to help people move home’
Smaller-than-expected fall in CPI means the property industry will be waiting nervously for the Bank of England’s December decision.
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Property sales reach 120 days to complete as chain hold-ups perplex agents
Ben Robinson at Landmark Estate Agency Services says three quarters of estate agents cite delays which threaten chains as their top concern.
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Shock data reveals only top 10% of workers can afford average home
Affordability has become so stretched that home ownership risks becoming a privilege for the wealthiest rather than a goal for working people, according to house-buying firm.
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REVEALED: Why and when vendors relist with another estate agency
New report from Homesearch gives some unusually detailed insight into vendor behaviour when properties don't sell with original agent.
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