Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Sales agreed plummet by 70% since lock-down, market snapshot reveals
Zoopla says that although activity is falling off a cliff, sales continue and a mass withdrawal of properties from the market has failed to materialise.
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Labour leader Keir Starmer reveals new shadow Secretary of State of Housing
Bristol MP Thangam Debbonaire says she wants to tackle the UK's lack of affordable housing and the ongoing homelessness crisis.
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500,000 apartment block owners will be able sell their homes… soon
Ministers have revealed an industry initiative to help leaseholders and mortgage lenders access information on building safety and help thousands of people stuck in homes they have been unable to sell since Grenfell.
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Vendors still dream of selling their home, despite the dead market
Exclusive research for The Negotiator reveals that online searches for advice and information about selling a property remains high despite the pandemic.
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Wealthy renters ignore government’s advice not to move home
Leading London lettings agency says rich families are rushing to find a glamorous bolt hole to ride out the pandemic.
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Are estate agencies being complacent about effect of Coronavirus on their businesses?
Claim is made to Bank of England which says agents and developers also report sales coming to a halt as buyers and sellers get the message on 'contagion'.
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Property sales market ‘not come to a complete standstill yet’
Zoopla says its latest cities index shows activity down by only 15% week-on-week but paints a gloomy picture for the coming months as sales agreed dip by nearly two thirds, it predicts.
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Coronavirus: Leading law firm recommends clients go for same-day exchange and completion
Agents have reported that na ational legal firm based in Stockport, O'Neill Patient, is advising clients to adopt the tactic if they are worried about a sale falling through.
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Quickest and slowest selling areas of UK revealed
Survey reviews all regions of the UK and shows Hertfordshire as the quickest area to sell a home and Devon as the slowest – at more than a year.
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One in three Britons has taken home off the market
Survey of 1800 homeowners reveals poor and uncertain market conditions have prompted vendors to take their home off the market and renovate instead.
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