Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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First week back: sales and instructions boom, but nervous vendors drop prices
Research by TwentyCI reveals a 'huge surge' in activity as stalled sales completed and new moves were initiated, but first indicators of a price correction are also highlighted.
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Housing market will take two years to recover from Coronavirus
Forecast is made by Scotland's largest and best-known estate agency Rettie & Co as it also predicts 35% drop in sales transactions this year.
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EXCLUSIVE: ‘There is huge latent demand in housing market following Coronavirus lockdown’
Leading property technology firm Coadjute reveals 24% jump in listing prior to government's market restart announcement as it launches exclusive partnership with The Negotiator.
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House hunting activity increased by 45% yesterday, says Rightmove
Portal says it experienced huge increases in traffic and enquiries as the 'bounce' predicted by many takes place despite reports of a looming recession.
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Keir Starmer forced to defend Labour policy on tenant evictions
Labour leader gets flack from the left of his party for his softer line on rent arrears after launching five-point plan to protect tenants during the crisis.
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House prices to drop by up to 10% and transactions by 36% this year
But Savills predicts economy and property market will recover quickly and return to pre-Coronavirus levels next year.
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Number of property sales dropped by 40% during March, official figures show
Expected slump following the lockdown is detailed in the March 2020 Price Paid Data from HM Land Registry.
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Strong optimism among agents that frozen sales pipelines will convert post lockdown revealed
Ongoing online poll confirms view that there will be a surge of home moving once the government relaxes home moving restrictions.
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Will lettings or property sales dominate the post-Coronavirus market?
Britain's biggest property brain, Lucian Cook, looks at why home ownership has been flagging in recent years and whether this trend is set to continue after the crisis.
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1.6 million mortgage holders given payment holidays so far
Extraordinary figures have been released by UK Finance, but it is still unclear whether these mortgage holidays will impact homeowners' willingness to move home after the pandemic eases.
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