Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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House prices ‘to fall 10% over next two years’ claims Knight Frank
Knight Frank's head of residential research Tom Bill is among first to change his view and predict a big drop in house prices.
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Agents battle it out at latest phase of Battersea Power Station
There are more than 1,000 apartments at the landmark London site, which has cost £9bn to restore and has just opened its latest phase.
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Will new Investment Zones deliver Tory’s promised housebuilding boom?
The zones are already planned in 38 areas with other places invited to add to the list as new housing minister launches prospectus.
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Four in 10 sales have been falling through before completion – claim
Figures from cash home buying company Quick Move Now also show a 9% increase in failed sales over the last three months.
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New housing minister warns of ‘trouble ahead’ over planning and housing
Lee Rowley tells Conservative party conference more housing is needed and there will be tensions.
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New conveyancing platform to unlock agents’ time and save weeks of delay
Rello is set up to improve communication and transparency for everyone in a purchase chain.
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Industry reacts as housing market shows first signs of slowdown
The Nationwide house price index reports a small drop in growth this month, with London recording the weakest figures.
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Property and mortgage industry experts say ‘don’t panic’
Financial turmoil is causing panic amongst would-be homebuyers and movers alike but experts say industry should hold fast.
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Mortgage deals drop 40% as market panics following ‘Mini-Budget’
Many lenders have either stopped offering fixed-rates or suspended all their mortgages as the chaos deepens.
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Zoopla: Rising mortgage rates will curb homebuying power
Property portal says withdrawal of cheap money deals will impact on homebuyer spending power by nearly a third.
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