Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Housing market still tough for tenants despite rent rises cooling
Despite official data showing easing relationships between supply and demand, experts say market still has too few homes to rent.
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Industry reacts as shock inflation rise ends hopes of base rate cut
The Consumer Prices Index (CPI) hit 3.8% last month, up from 3.6% in June and is likely to reach at least 4% in September.
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71% of second homes owners looking to let as higher tax bills bite
Survey by Sykes Holiday shows doubled council tax bills and other cost pressures mean many second homes owners are looking to holiday or long-term lets to pay the bills.
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REPORT: House building ‘ahead of population growth’ over past decade
Property industry welcomes Nationwide report revealing 9% growth in England's housing over past decade, scotching claims nation doesn't have enough homes.
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Asking prices for newbuild homes drop by up to 14% year-on-year
Surprising figures pulled together by Propertymark will be good news for home movers, and help Labour deliver its promise to delilver 'affordable' homes.
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Summer market ‘unusually busy’ as interest rate cut and realistic pricing kick in
Rightmove says says 34% of properties for sale are reduced in price, the highest level since 2023 and before that, 2012.
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Time taken to evict rises to nearly 28 weeks, new court data shows
The official figures show that although more landlords are evicting using Section 21 ahead of the Renters' Rights Bill, court bottlenecks remain.
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BREAKING: RICS’ estate agents report property sales market ‘faltering’
Sales and buyer demand both slip back into negative territory as post Stamp Duty recovery stalls.
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BLOG: ‘Here’s how we can all make selling homes faster’
Roxanne Barker has worked in the property industry long enough to know it has serious flaws. But is it broken? And how can we fix it?
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Couples given £130,000 boost under new mortgage rules
Santander's decision to relax its home loan criteria benefits both couples and single borrowers, who can now secure much larger mortgages.
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