Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Home Information Packs will NOT return, promises Law Commission
The Law Commission has ruled out the return of Home Information Packs but will continue to investigate ways to speed up the house selling process.
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Through-the-roof house prices makes renting cheaper
For the first time in six years, it's finally cheaper to rent a property than buy in most areas of the UK, thanks to soaring house prices.
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Third of first time buyers struggling to save up for deposit
Research by Equifax and CreditLadder shows large deposits and thin credit histories key reasons why many wannabe home owners can't get on property ladder.
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Mind the gap! Property supply and demand widest since 2013, says RICS
Strong demand for property for sale and to rent not being met by new instructions yet, report member estate agents.
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London vendors stay put on asking prices as sellers’ market continues
Latest data reveals fewer sellers in London are willing to drop their asking prices as property market remains buoyant.
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Property selling fastest in Scotland with London losing the race
New data from TwentyCi shows that demand in the property market was in no way dampened by the wettest May on record, but London lags behind.
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Property sales hit 1,500 a day across the UK as market boom continues
Estate agency comparison website GetAgent says its number crunching shows how Stamp Duty holiday is still pushing market forward.
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95% LTV mortgage scheme ‘sucking tenants out of the rental market’
Hybrid lettings agency says 18% of landlords report losing tenants to the HM Treasury scheme, which is due to end in December.
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Industry must wake up to dwindling property sales pipeline, says Moneypenny
Leading industry supplier claims agent face potential property sales crisis when rising buyer enquiries cannot be matched to dwindling instructions.
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‘Race for space’ and limited supply push annual house price inflation to 10.9%
Nationwide says stamp duty is less of a driver than has been claimed, and that pandemic has prompted more people to reassess their living space.
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