Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Book launch: Former agent’s tome questions London’s insane prime market
Prime search agency owner James Macleod says his book looks critically at the 'insatiable' demand for the capital's homes among super rich.
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Thousands of tenants will struggle to pass referencing after Covid, warn landlords
NRLA says 7% of tenants it canvassed who had got behind in their rent will now suffer from damaged credit scores and may be refused accommodation.
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Letting agents report record demand for rental properties during April
Branches tell ARLA that all-time record highs of tenant registration and properties under management were recorded last month.
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70% of public still think branch is important when choosing an agent
But research by property software firm Alto also reveals that online reviews and recommendations count more than a physical office.
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“Agents need to be ready for Government’s First Homes scheme properties”
The initiative is to help budget buyers access ring-fenced affordable new-builds in local areas – but eventually these will spill into the resale market.
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Senior industry leaders reveal turbulence caused by Stamp Duty holiday
Leaders of Andrews and LRG say Sunak's zero-rated scheme for homes under £500k has led to huge fluctuations in the housing market.
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How can agents drag staff back to branch?
Half of employees want specially designed socialising areas to entice them away from home working, but can agents compete in getting staff back to branch?
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Stamp duty holiday generates £2.7bn in agency fees
Research from WiggyWam shows that UK estate agents have generated an estimated £2.7 billion in agency fees since the introduction of the Stamp Duty holiday.
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Renting still going strong despite govt attempts to talk-up ownership
Survey by build-to-rent firm shows between 12% and 17% of population have no interest in owning their home, depending on their age.
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How local council majority impacts average house prices
Research from national UK estate agent, Keller Williams UK, has found that Conservative-led regions are the worst performing when it comes to falling average house prices
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