Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Estate agents take 16 weeks to sell a property on average, reveals largest ever study
Analysis of over 93,000 house sales during past 12 months reveals fastest and slowest towns and city neighbourhoods for house sales.
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Brexit fails to halt Scottish Private Rented Sector
Rents in Scotland’s PRS edged upwards in the first quarter despite the uncertain political landscape. The average property to rent rose 1.7% to £793 per month.
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Government’s eviction reform prompts 25% of landlords to consider reducing portfolio
Research by the RLA suggests government's past and mooted evictions reform of the private rented sector will see a landlord exodus.
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Good times are around the corner in London, claims estate agency CEO
Chestertons' boss Guy Gittins says there has been a surge of buyers and renters returning to the market, but makes no mention of whether there is stock for them to buy or rent.
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Where have all the vendors gone? Housing supply hits record low in March
NAEA says the levels of sellers and buyers 'aren't where we'd expect them to be' during what is traditoinally the busiest month of the year for agents.
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Scotland takes radical new approach to helping first time buyers
SNP leader Nicola Sturgeon announces new and more generous scheme sthat will loan those get the property ladder £25,000, the SNP have announced.
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Rising ‘stock per branch’ signals start of tenant fees ban consolidation
Trade body ARLA says number of properties available to rent at each office increased by 3% during March to 203, as agents merge and sell up.
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Buyers returning to London market in significant numbers, claims agency
41-branch Chestertons says buyers are getting weary of waiting for Brexit and beginning to return to the fray.
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Is it the recovery? House sales rise by 6.8% year-on-year during March
Government figures suggest that a continuing boom in first time buyer activity is helping drive up the number of transactions.
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Land Registry’s blockchain pilot signals end to ‘nail biting’ Friday completions
Latest Digital Street pilot reveals how within two years people will be able to move home on weekends or Bank Holiday if they so choose.
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