Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Five-figure Stamp Duty stops people moving, warns Zoopla
Zoopla's Richard Donnell warns that Stamp Duty has become so high that it prevents some people from moving home.
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World Cup puts house moves on pause, says Purplebricks boss
Purplebricks' Michael Bruce says the World Cup is having an impact on the property market as movers hit pause.
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House prices edge up despite political chaos
While the pace of house price growth is small, it is the direction that has surprised many commentators given Britain's political uncertainties.
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Prime London suffers big drop in sales
Property sales in prime central London areas fell 14% in 12 months, according to the latest Knight Frank figures.
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Property market sees 6% fall in offers
New analysis by Connells reveals a drop in the proportion of homes listed this year receiving an offer.
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More will pay Mansion Tax under Andy Burnham
Andy Burnham is understood to be planning to lower the Mansion Tax threshold to £1.5million, if he becomes Prime Minister.
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CLAIM: Better flats will bring housing market back to life
Flats are an important first step on the property ladder for many buyers, says Hill Group’s Andy Hill.
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Interest rate cut “off the table”, Governor warns
Andrew Bailey, Governor of the Bank of England, rules out a base rate reduction in the near future.
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Housing market outlook remains uncertain, Nationwide reports
Easing Middle East tensions could restore confidence and reduce the need for a rate rise, says Nationwide's Robert Gardner.
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Property market suffers second month of falling deal numbers
The latest transactions data from HMRC reveals a 2% drop in May following a 3% fall in April.
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