Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Rightmove says stock down 39% on pre-pandemic levels
Prices fall but more likely due to August holidays than rate rises or lack of stock, says property portal.
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Russian cyber attack STILL hampering agents and conveyancers
Property searches taking up to 174 days eight months after local council's system were struck by a malicious attack.
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Watch out Rightmove! More agents not listing properties for sale
Properties kept off the market are selling successfully despite not being advertised on the big portal - or in fact at all.
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RICS: New buyer demand down again, reveals latest index
Limited supply continues to underpin market pricing as economic headwinds weaken buyer demand.
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‘Rising mortgage interest rates will NOT cut property transactions’
Industry data expert Anthony Codling says agents should not fear Bank of England's decision to increase its base rate to 1.75%.
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GUEST BLOG: It’s time to face the brave new world
After two years of frenzy, a market slowly returning to normal levels of transactions is revealing much more about how the property world has changed, says Philip Farrell.
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Bank’s latest interest rate hike biggest in 27 years – industry reaction
The Bank of England has increased the base rate by 0.5% yesterday, the highest it has been since 2009 and biggest incremental hike since 1995.
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Exclusive: rental transaction volumes continue to drop – claim
Mounting legislation and rising taxation is forcing landlords to reduce their portfolios or exit the market entirely, despite demand for rental property continuing to rise.
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City analyst insists Purplebricks will turn fortunes around
Paul Hill of Vox Markets says the agency is doing the right things and the shares are a good investment.
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LATEST: Purplebricks revenues and profits slump by a quarter
The troubled agency blames a failed marketing plan and the housing market for the poor results.
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