Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Renters reform definitely goes ahead with more help for tenants, Gove promises
Michael Gove says PRS changes will become law, and tenants will be given extra financial support.
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Purplebricks under fire again despite new financial chief
Rebel investor Adam Smith and TV commentator Russell Quirk both call for major changes.
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Ministers swap seats at DLUHC … yet again
Both Andrew Stephenson and Paul Scully are moved to other posts in government with Lucy Frazer coming in.
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Purplebricks appoints new CFO to tackle financial woes
Dominique Highfield joins the board as Steve Long leaves with the struggling agency grappling with poor financial results.
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Get ready! Conveyancers told to ‘prepare for the worst’ if economy crashes
The Council for Licensed Conveyancers warns that property transactions may plummet 40% in a downturn.
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Agent says only hellish drop in house prices would cause negative equity
It would take a ‘hellish’ drop in house prices for homeowners to find themselves in negative equity although down valuations remain a problem, says Norfolk estate agent.
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Rishi Sunak names his Cabinet – and Gove is back at DLUHC
Michael Gove is back as Secretary of State for Levelling-Up, Housing & Communities as Rishi Sunak appoints his new Cabinet of stability.
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Rishi Sunak named next Prime Minister – industry reaction
Former Chancellor Rishi Sunak was named Prime Minister after leadership challenger Penny Mordaunt dropped out.
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Estate agents see instructions leap as market ‘defies doomsters’
New instructions jump nearly 10% as agents enjoy strong property business in face of political and financial chaos.
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