Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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‘Time to sell’ back to pre-pandemic speeds, agents tell RICS
How long it takes to get from instruction to completion shortened by seven days during January to 16 weeks, the trade body reports.
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What landlord exodus? Rental stock has increased by 6.40% since 2017
Despite warnings that extra taxation and regulation is putting landlords off the PRS, latest figures show long-term market trend is growth not contraction.
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New housing minister revealed during reshuffle as Pincher departs
New minister is Stuart Andrew who, in the best traditions of reshuffles, has no experience of the industry other than being a BTL landlord.
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Homes selling and renting like ‘hotcakes’ says latest Rightmove index
Portal says January was its busiest ever for agent enquiries and that first signs of housing market rebalancing are emerging.
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Surveyor says new book will arm buyers with inside advice when dealing with estate agents
Robert Desbruslais, who runs a leading surveying firm covering London and the SE, says his book will arm buyers of all ages with inside information on moving home.
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Leading firms call for stamp duty to be linked to EPC performance
The EEIG says homeowners and landlords should be urged to upgrade properties by charging less and less stamp duty the better its EPC.
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Landlords vent their fury over government’s ‘punishing’ tax policies
Poll by lender the Nationwide reveals widespread displeasure among landlords over the withdrawal of mortgage interest tax relief.
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LATEST: Property market still booming and instructions drought easing
Zoopla's new sales data for January reveals a boom in sales and recovery in supply as a kind of normality returns to the market.
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Poll reveals damage of benefit cuts to renters
The end to a temporary boost in Universal Credit benefit payments to tenants has left thousands in rent arrears.
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Latest ONS data reports 10% average house price increase
The average house price in the UK is now £25,000 more than in November 2020, but property experts say it's not all good news.
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