Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Young renters at risk of defaulting as furlough scheme comes to close
Landlord body calls for government action to help thousands of at-risk tenants.
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Cost of renting rises in parts of country – despite tenant fees ban
The cost of securing a rental property up 24% in some parts of the nation – although the overall trend is slightly down, according to survey.
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Demand for country houses soars as escape from the city continues
"It's now or never!" Wealthy city dwellers are desperate to buy rural retreats in the aftermath of COVID-19, Knight Frank research shows.
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Property prices set to rise in July and August, survey predicts
Price rises in July and August set to be higher than last summer’s levels, with most activity in the North while London reports the weakest.
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Nationwide says latest 1.4% house price dip to be followed by rebound
Figures out today show continuing slide in values, but agents say it's proof of a housing market reset not a collapse.
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Housing is key to economic revival ‘from bricklayers to For Sale sign erectors’
Christopher Pincher tells conference that all sectors of housing will play a vital role in building a better Britain after Covid.
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Can the property sales ‘surge’ be sustained when furlough ends, asks Bank of England
Quarterly report from the bank covering April, May and June says many agents are worried that current mini-boom may not continue.
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Estate agency’s Airbnb recommendation sparks campaigner’s fury
Campaigners claim agency Warnes shouldn't be urging buyers to invest in properties specifically for Airbnb usage in Edinburgh.
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Northern towns witness huge increases in buyer enquiries to agents
So claims Rightmove, which says the past two weeks have seen extraordinary surges in activity, including interest in second-stepper homes.
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Covid crisis ‘not comparable’ with the 2008 banking meltdown, says agency CEO
Winkworth CEO says sales fall-through rates and house prices drops have not been comparable with the period that followed downfall of Lehman Brothers.
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