Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
REACTION: Latest inflation figures end hopes of a base rate cut
Consumer prices index (CPI) remained stubbornly high at 3.4% in May, according to the latest figures from the Office for National Statistics (ONS).
Read More » -
Shock 60% fall in prime London property sale prices
Upmarket London estate agent claims there are ‘no big-ticket purchases’ happening in prime Central London and sales prices have fallen substantially since 2024.
Read More » -
BLOG: Is the UK property sales market Trump-proof?
Kevin Shaw, National Sales Managing Director, Leaders (LRG) takes a look at whether current global economic uncertainty will unsettle the UK’s property market.
Read More » -
Property fall-throughs tackled by Land Registry local searches pilot
A Land Registry initiative will look at how building regulations and highways information can be digitised, making local searches and home moving quicker.
Read More » -
Rightmove reports ‘unusual’ softening of asking prices
Portal says the post-Stamp Duty changes and consequent glut of properties have forced many vendors to re-appraise their asking prices this month.
Read More » -
Will the Bank of England cut interest rates this week?
Governor Andrew Bailey has suggested the Bank is more cautious now, and perhaps a rate cut is unlikely.
Read More » -
Government’s regeneration programme a big opportunity for estate agents
Spending Review will hand £20m to each of 25 'trailblazer neighbourhoods', which are spread across the country, over the next decade.
Read More » -
Property market flat but will get better, RICS says
Members of RICS say both transaction and buyer activity is subdued, but there are good signs for the rest of the year.
Read More » -
Chancellor reveals £39 billion to build more affordable rental homes
Rachel Reeves says new cash will increase the number of social and affordable rent homes which will relieve pressure on rental market.
Read More » -
AGENT: ‘Dear Chancellor, this is what the housing market needs from you’
Former RICS residential chairman and north London estate agency owner Jeremy Leaf urges Rachel Reeves to tackle the housing crisis ahead of her spending review, to be published today.
Read More »
