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 property firm ‘applauds’ Chancellor over business rates
Colliers says the Government has "finally listened" about changes to business rates, which will help estate agents with high street offices.
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Eight out of 10 vendors say their property will sell in three months
Eight out of 10 (82%) vendors are confident that they will sell their property within the next three months.
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INDUSTRY REACTS: Chancellor Hunt reveals tax take from landlords and agents
Jeremy Hunt announced in his Autumn Statement that Stamp Duty would rise in April 2025.
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Leading mortgage broker MAB strikes deal with chain progression firm
Mortgage Advice Bureau has signed an agreement with chain management tool ViewMyChain to make sales process quicker.
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‘Deal rush’ reported as buyers try to complete before loans expire
OTM says 'time to sell' is shortening as buyers scramble to buy homes via mortgage rates agreed prior to Kwarten'g disastrous budget.
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HM Land Registry tells estate agents it’s ‘ready for strike action’
Government department says it is reviewing the controls it has in place ahead of proposed planned strike action by civil servants.
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Government’s private rented sector strategy ‘in tatters’ say landlords
Comments from NRLA come as speculation mounts of a further tax hike on rented housing in today’s Autumn Statement.
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Prime London sees spike in fall-throughs as offers subside – claim
Agent platform LonRes says there was an 80% increase in central London property deals falling through last month.
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Striking civil servants at HM Land Registry won’t make a difference
HM Land Registry is among the 126 government departments from pensions to passports that voted for strike action last week but many believe service is so bad it will be hard to notice any difference.
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Rent bills eat up more of tenants’ income than ever before
Estate agency giant Hamptons says the amount renters are paying is now nearly half their total income on average.
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