Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Agents point to 21,000 untapped sellers
Adam Day, of EXP, says there are thousands of potential vendors under pressure to put their property on market.
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Mortgage approvals recovered in June but caution remains
Buyer demand could be set to rise after a boost in mortgage approvals, Bank of England data suggests.
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Cut asking prices now ahead of autumn bounce, says Zoopla
Agents need to prepare listings now for when the market typically turns in September, says Zoopla's Richard Donnell.
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Rightmove: Sea view asking prices up 27% since 2019
Homebuyers are willing to pay a premium for a home with a decent sea view, says Rightmove's Colleen Babcock.
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Foxtons revenue and profits hit by Middle East and rental reforms
The sales and letting market has been "challenging," so far this year, says Foxtons boss Guy Gittins.
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Controversial pro-Mansion Tax YouTuber quits
Gary Stevenson has built a huge following of more than 1.6 million subscribers on his Garys Economics YouTube channel.
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Sales stock is up but rentals are falling, says Propertymark
The housing market "continues to show resilience despite ongoing economic and geopolitical uncertainty", says Propertymark’s Nathan Emerson.
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Landmark launches ‘reform ready’ sales packs
The data company is helping agents prepare for the homebuying reforms and to deliver faster transactions, says Chief Executive Simon Brown.
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Bank decision on interest rates this week
The Bank of England is expected to hold the Bank Rate at 3.75% again for fifth time in a row.
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First-time buyer demand drops amid supply shortage – Yopa
Yopa’s Verona Frankish says first-time buyers are actively looking to enter the market when the right opportunities are available.
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