Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Leading estate agent slams building society over second homes decision
Leeds Building Society's decision to stop lending on second homes properties is 'wrong' say David Alexander.
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PM favourite makes first foray into housing policy
Campaigners welcome Liz Truss' commitment to ensure rental payments are included in mortgage criteria.
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London exodus leaves City like ‘Zombie Apocalypse’ says Hamptons
People leaving capital remains at similar levels as it was during the peak of the pandemic.
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Improved green ratings can boost sale prices by up to 16% – Rightmove
A new report from Rightmove says sellers who improve their EPC ratings are making up to 16% more on average, when selling their home.
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Stamp Duty hope as Rishi and Liz tussle for top job
Hopes have been raised that changes could be made to Stamp Duty Land Tax (SDLT) once a new Prime Minister is appointed.
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Online lettings platform bags another £4.4 million in funding
Residently has secured a major injection of funds to expand its offering in London.
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Cost of living forces one in four homebuyers to put off purchase
The last set of figures from ONS showed a 12.4% year-on-year increase, compared to 9.7% the previous month, as demand continued to outstrip supply.
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Purplebricks scraps money back guarantee earlier than expected
The troubled agency drops the guarantee five days before it said it would just a few weeks ago.
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Councils to ‘cut out agents’ selling second homes with own offer
Highland Council has waded into the local housing market by buying potential second home properties to keep ownership in local hands.
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Agents achieving asking price or above as market remains buoyant
Some areas of the country are seeing bids well in excess of asking price, as sellers enjoy bumper period.
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