Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Greater Manchester tops charts for house price growth at over 90%
Salford, Manchester city and Oldham are the top three in the list of areas for price increases over the last 10 years.
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Attempt to bring in industry’s first mandatory pre-sale contracts fails
Jersey Deputy says his planned legislation would have stopped gazundering and gazumping for once and all, but has accepted consultation must precede any new laws.
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Industry reacts to surprise jump in house prices
The latest Nationwide HPI reports a 0.5% increase in house price growth last month, which was higher than many experts expected.
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Rightmove confirms valuation tool launch after successful trial
The portal says some sellers prefer to get an online price assessment before requesting an in-person valuation.
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INDUSTRY REACTS: HMRC transaction data masks budget uncertainty
Latest HMRC data shows resilient August figures, but estate agents report buyers 'pressing pause' as speculation mounts over tax changes.
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BLOG: Property’s £1.5bn problem that upfront info could solve
Iamproperty's Ben Ridgway says the public already supports a move to material information disclosure before a property deal is agreed.
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Price falls make Prime Central London more attractive
The blue-chip agent Knight Frank says a 20% fall in house prices means demand is being ‘drawn back’ into London's more central boroughs.
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Mortgage approvals dip as Budget concerns bite
The latest Bank of England data shows there was a fall in mortgages approved last month after a jump in July.
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Major high street shake-up will transform local house prices
Government programme to revitalise Britain’s ailing high streets will boost local housing markets and push up prices.
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Downsizers abandon plans after being thwarted by bungalow shortage
More than a third of homeowners in the 55+ age group would like to buy a bungalow, but are unable to find one.
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