Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Stamp Duty changes to see transactions plummet in April
Research shows the changes to Stamp Duty on April 1st will prompt a cliff edge as the number of 'Stamp Duty free' homes vastly contract.
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Agent: Exodus of wealthy from UK hurting prime property
Labour’s tax raid on non-doms has led to one millionaire quitting the UK every 45 minutes says Beauchamp Estates chief.
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Housing market to bounce back if conditions improve – Landmark
Strong housing supply in 2024 shows there is a clear appetite to move amongst homeowners says Landmark CEO Simon Brown.
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Interest rate cut ‘more likely’ as inflation falls
The Bank of England will probably reduce the base interest rate next month, experts believe, after inflation surprised many by dropping to 2.5%.
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Property sales market ‘still motoring’ report RICS agents
Despite gloomy economic news and rising borrowing costs, sales, buyer enquiries and instructions are all rising, says RICS' latest report
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Housing market optimism as economy stabilises
The average of nine sales per member branch was the strongest November performance in over three years says Propertymark’s head Nathan Emerson.
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April cliff-edge looms, says Hamptons
The upmarket estate agency is reporting huge numbers of first-time buyers rushing to purchase homes before Stamp Duty thresholds change in April 2025.
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Conveyancing delays frustrate buyers ahead of Stamp Duty deadline
Research by Moverly reveals more than half of the buyers trying to get a deal over the line before April's rise in Stamp Duty rates, have seen the process slow down.
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Property sellers see profits dip below £100k
Hamptons says home vendors are experiencing the smallest gains in nearly 10 years.
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Mortgage increases top £1000 as Budget hits loans market
Chancellor Rachel Reeves is under pressure as Government borrowing costs rise sharply and mortgages become more expensive.
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