Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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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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BLOG: With Purplebricks in trouble again, is DIY estate agency dead?
Glentree International boss Trevor Abrahmsohn casts his eyes over the latest Purplebricks developments and ponders whether this is the end for DIY estate agency.
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iamproperty to offer ‘ecosystem’ package of new services to agents
The property services and auctions business is ramping up its efforts to give agents an all-round tech service.
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‘What next for agent shareholders of OnTheMarket’ asks City analyst
David Reynolds of Davy Research says many agents may be waiting for its share price to recover, while the portal's chief says it shows most have faith in the portal's future.
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Brutal industry reaction as Purplebricks looks for ‘new ownership structure’
When Purplebricks announced on Friday it was looking for a buyer it didn’t take long for the knives – and jokes – to come out. Industry reaction has been both funny and brutal.
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Asking prices remain flat but first-time buyers are back
Average new seller asking prices rose by just £14 over past month, according to Rightmove, but first-time buyers are rejoining market driven by increasing rents and recovery in mortgage pricing.
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Purplebricks considers sale as instructions plummet and £20m losses loom
The agency may soon hang its own For Sale board up after instructions took a nosedive and it wrote off a further £1.2 million.
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OTM relief after ‘small number’ of agents sell shares
The portal has lined up founding agents to voice their support after investors sold more than 3 million shares.
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Online lettings firm hits £850,000 crowdfunding target
Lettingaproperty.com has hit its investment target, which includes capital raise from Mercia Asset Management.
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Prime market becoming increasingly mortgage free and ‘cash driven’
Differences between prime and mainstream housing markets are now becoming more stark as those 'with' and 'without' equity diverge economically, says Middleton Advisors.
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