Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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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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EXCLUSIVE: Government reveals where all the landlords live in the UK
Agents wondering the size of their potential landlord market now have an answer after government published list via a parliamentary question.
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