Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Property sale profit tops £100k for first time
The average profit from a sale in England and Wales is now £108k, Hamptons says.
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Make the change – sellers who switch agents more likely to make sale
New research shows that property sellers have a 34% higher chance of finding a buyer after changing agent.
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BLOG: CONSUMER VIEW: Moving home in 2023 is not for the faint hearted
Consumer champion Charlie Lamdin, founder of bestagent.co.uk and presenter of the Moving Home with Charlie broadcasts, outlines what he’s telling potential homebuyers, sellers and movers.
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Boom in English homeownership but rentals remain steady, Census data shows
There are now a million more owner occupiers in England compared to a decade ago, latest 2021 Census data released last week reveals.
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Halifax: House prices fall again as market retracts
House prices in the UK fell by 1.5% in December – the fourth consecutive drop but pulling back from November’s 2.3% decline, latest figures from the Halifax reveal.
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Brokers say remortgages will dominate market this year
A survey of brokers shows that most of their business will come from property owners remortgaging.
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‘Get on board!’ Agents urged to adopt new homes quality mark
The New Homes Quality Code measures how developers are looking after their customers.
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Listings surge a boost for first-time buyers
The Christmas listings surge could be a boost for first-time buyers looking to take their first step on the housing ladder, experts from PriceHubble have predicted.
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Former coal mining town crowned Rightmove’s 2022 price hotspot
A former coal mining town in the Broxtowe district of Nottinghamshire has been crowned Rightmove’s 2022 price hotspot after average asking prices jumped 29% compared with 2021.
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Mortgage approvals hit lowest point since lockdown
Bank of England stats show that numbers of people taking out mortgages dropped more than 10,000.
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