Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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High-value country house market experiences boom in sales
Knight Frank's Prime Country House Index has revealed that the exclusive rural market has had its best year since the financial crisis.
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Stoke-On-Trent cheapest city to buy per square metre
New analysis has revealed that you can get seven times more space for your money in Stoke-On-Trent in a comparison of some of the UK's major cities.
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Another leading estate agent warns of ‘listings drought’ into 2022
Laura Mowatt says her firm saw the number of sales listing dropping by 20% during the run-up to Xmas.
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Gove meets lenders to unblock ‘thousands’ of property sales stalled by cladding crisis
It is reported that Secretary of State explored solutions that would help vendors trapped by lenders' 'adverse risk' approach to leaseholders.
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Private rental market bounces back, report letting agents
Number or tenants looking for rental property increased during November, particularly in the East Midlands.
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INDUSTRY REACTS as BoE raises base interest rate to 0.25%
Likely rise in mortgage rates in the medium term fails to worry agents as market continue to motor despite rise of Omicron virus variant.
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BLOG: The Simplify debacle highlights uncomfortable truths about referrals
The IT problems at the conveyancing giant have raised questions both about referrals and how conveyancing progress is communicated to customers.
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RICS warns instructions drought is ‘threat to housing market’
Trade organisation is worried after another month of declining listings reported by its estate agency membership.
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Chancellor proposes slashing VAT rates as 2024 election looms
Any reduction in the duty would be welcomed by estate agents, whose 'inclusive of VAT' charges would look more attractive to prospective clients.
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Reshuffle: Lisa Nandy is new shadow housing secretary as Powell exits
Lucy Powell has move to the Digital, Culture, Media and Sport amid chaotic reshuffle to give shadow cabinet a more moderate flavour.
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