Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Halifax pins cooling house prices on stamp duty wind-down
But it and other commentators say continuing SDLT saving will keep competition for some homes keen until the taper ends.
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Government introduces controversial Building Safety Bill today in Parliament
The legislation, which has to be approved by MPs, will bring in far-reaching changes to the way residential towers are built and managed.
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House valuations? They’re child’s play… claim viewing group
Seven children value house in Leeds at between £12 and £969,000 during public viewing day at new homes development.
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Government to face tough questions over whether housing market is ‘fit for purpose’
New committee has launched consultation ahead of its reports, which will focus on whether government housing policy on new homes is on target.
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House prices ‘into the stratosphere’ as annual inflation hits 13.4%
Latest Nationwide figures show all regions experiencing rises with many into double-digit growth, which many agents pin on the stamp duty holiday.
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Young people eye up a return to city life
City life suffered severely during the pandemic but bustling urban centres are set for a comeback – JLL report.
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Thousands of sales at risk as local search waiting times lengthen
The Negotiator has found at least three large councils where agents are seeing 'nightmare' waiting times.
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Bidding war frenzy drives up final offers to record levels
Latest data from Rightmove shows homes achieving 98% of asking price and in some regions 45% of homes are selling for more than asking price.
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We’ve donated! Property journo Norwood to walk marathon and fundraise for Samaritans
Norwood, who is also an occasional volunteer at the Samaritans, is asking agents to donate via his fund raising page.
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Get in line – 5.6 month delay to sale completion
Research suggests that homebuyers face a long wait to completion on property sales due to the current market backlog.
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