Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Predictions for the road ahead in 2023
While 2022 was a year of two halves with the disastrous Mini-Budget sending the mortgage market into chaos our property experts suggest greener fields lie ahead in the Year of the Rabbit.
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Housing market heading for big fall this year, economists warn
A survey of economists reveals that most believe a recession will have a major impact on house prices.
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Scottish housing market heading for homelessness crisis
Scotland needs a coherent long-term plan to create a housing policy or cases of homelessness will increase, says leading agent.
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Mixed predictions for 2023 from George F. White
Property specialists George F. White only expects a 5% dip in house prices this year, but a tougher year lies ahead for landlords, tenants holiday lets and agricultural land.
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‘Two out of three landlords set to raise rents in 2023’
Two out of three landlords say they will be driven to raise rents by 10% and nearly half say the job’s harder than this time last year, according to research.
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Cheaper mortgage rates will help soft landing for housing market
Nationwide says cheaper mortgages will help the housing market in 2023 and avoid forced sales from mortgage defaults.
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Industry urged to press ahead with tax digitisation despite U-turn
Government plans to digitise the tax process for business owners are still going ahead – despite a two-year delay – and agents and landlords have been urged to stay ahead of the game.
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Great flight to country and coast ‘runs out of steam’ claims Zoopla
Research by portal reveals the pandemic-inspired search for a more bucolic lifestyle is no longer driving home searching.
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Conveyancers ‘need to leverage technology to keep pace’
Conveyancers need to leverage technology to keep pace with demand and help cases complete before market conditions worsen, Search Acumen has warned.
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Booming London property market means it has ALL ‘most expensive streets’
Halifax says the 10 most exclusive locations are all in the Capital, with only one street outside the capital making the top 20.
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