Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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House prices rise 0.3% in February
House prices rose by 0.3% month-on-month in February, down on January – but trend still strong.
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Stamp out stamp duty, say experts
Chancellor Rishi Sunak is under pressure to make big reductions in stamp duty to keep the market moving.
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Will build-to-rent make traditional letting agents redundant?
Industry figure Lesley Roberts says agents do have a role to play in build-to-rent, but margins and business models will have to change as the market consolidates.
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Property shares crash by up to 12% as Coronavirus spooks investors
Shares in all the UK's leading property companies were battered during the closing hours of trading on Friday as a second death related to the virus was confirmed.
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First time buyers flee their parents’ home towns… and prying eyes
Gone are the days when young buyers wanted to live near their parents, with many choosing to live 20 miles away - presumable to avoid their family's prying eyes.
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‘Busiest February for lettings in recent times’ claims independent agency
Jackson & Co says both renewed confidence in housing market and its negotiators' efforts have prompted a record month for the firm, echoing several recent national rental indices.
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Northumberland moves to ban property sales to holiday home buyers
The county council says it wants to protect communities in areas where 20% of homes have already been bought as holiday or second homes.
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Leading property firm claims fall through rate of just 5%
Buying agency Garrington says its model delivers lower sales fall-throughs as government grapples with its solution - reservation agreements.
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Has the ‘Boris bounce’ lost its momentum in central London?
Knight Frank reports on its latest data for Prime Central London market which includes a revival in December but a drop during January.
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Geordie cheer: Newcastle is last city to regain its pre-2007 house prices
The portal says Newcastle was the last city to cross the threshold, albeit some ten years behind its southern counterparts including London, Oxford and Cambridge.
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