Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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BREAKING: Private landlords report boom in demand for rental homes
But NRLA says London continues to struggle as renters exit the capital, and that landlords continue to feel under fire from challenges of pandemic.
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Estate agents report property sales market ‘rebalancing’ at last
Latest research from Propertymark shows fewer properties selling for more than asking price and dipping 'sales agreed'.
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‘Totally new kind of renting model’ launched by industry figure
Naomi Heaton says her The Other House concept blurs the lines between corporate lets, traditional renting and a hotel.
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OFFICIAL: Buyer enquiries ‘shrinking’ says RICS report
Housing market is quietening down as the Stamp Duty holiday tapers off, members tell researchers.
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Extra 2% Stamp Duty for overseas buyers criticised by agents
NAEA Propertymark says additional duty is leading to plethora of sales fall-throughs as purchasers realised additional cost of buying property.
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Property industry leader worried about 40% sales stock decline
Propertymark CEO says overheated market is persuading too many vendors to hold back from selling in case they can't find somewhere to buy.
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London market slows significantly as Stamp Duty holiday ends
Sales were 39% lower last month compared to the five-year average, says London housing market data source LonRes.
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Technology will never replace estate agents’ local knowledge
Leading tax consultant David Hannah makes video recalling his late estate agent father's 'encyclopaedic' knowledge of his Leicester patch.
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Property industry still under financial distress despite boom
Begbies Traynor says there are nearly 80,000 businesses within the property sector who are experiencing problems at the moment.
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Buying frenzy drives 67% sales success rate for agents, says Rightmove
Portals says its data shows number of homes achieving a sale after first listing has jumped over the past 12 months.
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