Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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London borough requests new powers to rent out billionaires’ ‘ghost homes’
The London Borough of Kensington & Chelsea has requested extra powers to enable it to rent out the 600+ ghost homes within its borders.
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Brexit fence sitting continues to cool house prices in London, the South and North
Continued cooling of house prices in many areas of the UK is being blamed on buyers sitting on the fence, waiting for Brexit to pass.
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Overseas investors to pay extra Stamp Duty on UK property purchases
An additional Stamp Duty bill for overseas investors has been announced by Theresa May at this year's Conservative Party conference.
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Number of streets with £1 million house price average rises by 16%
The number of streets that feature an average house prices of £1 million has risen significantly over the past 12 months.
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Landlord portfolio size drops by 16% over past four years
Research published by buy to let lender Paragon reveals landlord portfolio size has decreased by over 16% since 2014.
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Knight Frank blames 12% dip in rental listings on government
Knight Frank has pinned a 12% year on year reduction in lettings listings in Richmond on the governments landlord tax take.
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Labour reveals three radical housing proposals at Liverpool conference
Labour's shadow housing minister John Healey has revealed three new and radical housig policies at the party's Liverpool national conference.
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Abolish Stamp Duty to free up housing market, say RICS members
Poll of members found that 20% want Stamp Duty radically overhauled or abolished and Council Tax instead used to fill government coffers.
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It’s official! Land Registry house price index is the most accurate
Research boffins at the Office of National Statistics have given the Land Registry house price index their official stamp of approval.
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Prime London property market FINALLY recovering, claims Rightmove
Portal Rightmove claims buyer activity within the £750,000+ London property market signals a 'recovery' for its beleagured home sellers.
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