Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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New ISA for first-time buyers ‘will kickstart’ property market
The Government is replacing the Lifetime ISA with a new savings plan for first-time buyers with no upper age limit.
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Brexit reshaped housing market, claims Yopa
A decade on from the EU vote, buyers have prioritised space and value increasingly, says Yopa boss Verona Frankish.
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Stamp Duty ‘crushing’ housing market, Hamptons warns
Tax bills for homebuyers rocketed nearly 200% since 2015, the agency says, which is holding back the market.
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LRG boss gives Burnham a property wishlist
Housing must sit at the heart of economic growth while the Government avoids excessive intervention, says LRG boss Michael Cook.
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Estate agents in North outgun London counterparts for first time
Savills research shows property sales in North of England were higher than the Capital in the last year.
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Concerns raised about new mandatory sales packs
The Government has officially announced plans to introduce mandatory sales packs, aimed at giving buyers more information upfront.
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Majority of Reform’s corporate donors property-related
Property sector backing raises hopes any potential Reform government might take a more informed approach to housing policy.
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Major homebuying shake-up unveiled by Government
Prime Minister Keir Starmer makes announcement of reforms to property buying system to cut time to four weeks.
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Bank of England holds interest rates for fourth time in a row
The Bank of England held the Bank Rate at 3.75% again, denying the property industry the cut it needs.
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Record price gap between flats and houses
Zoopla says houses are now worth 1.7 times flats, making it the largest difference in 30 years.
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