Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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‘Looking after the privileged is not a good look for the new regime’
Senior London estate agency figure and ardent Thatcherite gives his surprisingly candid view of the Chancellor's mini budget last week.
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Mini Budget: Government to release land for new build and streamline planning
The Chancellor said 'Investment Zones' with accelerated planning rules will be set up in 38 areas.
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BREAKING: Chancellor cuts Stamp Duty for FTBs and properties under £250k
Kwarteng says measures are to support growth, increase confidence and help families aspiring to own their own home.
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Portal launches industry’s first national ‘sales speed’ index
Transactions take longer in Southampton and Bristol than anywhere else in the country, new figures show.
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Agents tell Truss to ‘get weaving’ on big issues facing housing market
Propertymark's policy chief, Tim Douglas, highlights branch fuel bills, green upgrades, Samp Duty, LHA benefit rates and building more homes as areas for huge concern.
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Bank of England raises interest rate by 0.5% to 2.25%
There was speculation that the Bank may raise the rate by as much as 0.75% – industry reacts to the news.
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Crisis in Scottish Private Rental Sector deepens says agency
Belvoir Group warns that the housing crisis within the Scottish Private Rental Sector (PRS) is rapidly worsening, leaving thousands of tenants unable to find accommodation.
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Pindar ‘must still go’ despite new Purplebricks board appointments
Investor Adam Smith, who owns a 4.2% stake in Purplebricks, welcomes board additions but repeats resign call.
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Cost of living crisis taking toll on buyers’ budget, says Savills
Buyers most reliant on borrowing are starting to reduce budgets in the face of rising interest rates and increased cost of living says agency.
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