Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Major housebuilder blames “subdued” property market for poor results
Crest Nicholson is currently forecasting a loss this year after previously saying it would make a profit.
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A third of buyers would walk away over damp or structural issues
LRG research suggests more upfront information will highlight property defects and first-time buyers are more likely to be deterred.
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Barriers stopping agents and conveyancers completing transactions are highlighted
There is plenty of investment in technology but property professionals have other priorities, says We Are Unchained’s Simon Leadbetter.
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Market bounce stalls as mortgage approvals fall
The latest Bank of England data reveals home loans agreed were down more than 2,000 last month.
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House price growth bounces back, says Nationwide
The latest Nationwide House Price Index shows the rate of average house price growth in Britain has had a summer boost.
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Premium paid by buyers to live in a National Park is revealed
House prices in National Parks are high as the locations are highly desirable, says Nationwide's Andrew Harvey.
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Shadow Housing Secretary resigns to stand as London Mayor
Sir James Cleverly reveals that he will step down from the Shadow Cabinet to run as the Conservative’s candidate to become Mayor of London.
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Property sales numbers hit by summer lull in July
Estate agents remain positive despite the latest HMRC data showing property sales figures reversed in July.
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Trade body launches membership for spray foam removal
The Property Care Association wants to raise industry standards for homeowners looking to remove spray foam.
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Buyers return despite a steep drop in buying power, reveals Zoopla
Richard Donnell, Executive Director of Zoopla, says: "This is the first time searches for homes are up across Britain this year.”
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