Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Scrap Stamp Duty on residential home purchases urges think-tank
Policy Exchange says the £14 billion Stamp Duty tax is stalling the property market by punishing retirees looking to sell large homes.
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Gazundering makes a comeback as house prices stall
Scourge of vendors returns with a third having offers lowered with just days to go before their sale is set to complete.
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Renters ‘harder hit by cost of living crisis than homeowners’
Figures from the ONS show that tenants are struggling to pay energy bills, and are being forced to borrow money.
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LRG reveals boost for buy-to-let market
Eight out of 10 landlords still see residential property as the best form of investment and plan to maintain or increase their portfolios over the next year.
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Boiler upgrade drive for rented homes is failing, warn Lords
A House of Lords committee says urgent changes are needed to improve take-up of the Government's low-carbon boiler initiative.
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Significant sales market slowdown is confirmed by HMRC
Latest figures from HMRC reveal a drop in sales last month, as the housing market loses momentum following last year's boom.
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Industry firm says ChatGPT to play major role in writing listings
Artificial intelligence could soon be 'helping' estate agencies write listings copy claims website and marketing firm Property Webmasters – so we put it to the test.
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Net Zero target out of reach without financial help, say industry leaders
A deadline of 2050 to achieve a carbon-free property sector will not be met unless there are policy changes, the Government is warned.
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Hybrid and online agencies see market share plummet
Firms like Purplebricks see their slice of instructions drop significantly in a year as the effect of the Covid lockdowns falls away.
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Industry webinar to tackle government inaction on lettings
Key figures from across the industry will come together in a free webinar tomorrow morning hosted by Goodlord boss William Reeve to discuss the challenges currently facing lettings.
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