Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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REACTION: Bank cuts rate by 0.25% to boost property market
The industry comments on the Bank of England's Monetary Policy Committee's vote to drop the base interest rate to 4.25%.
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Property market slowing amidst economic uncertainty and Stamp Duty rise
RICS’s April survey reveals weakest sales activity since mid-2023 as Stamp Duty holiday ends and buyer confidence sags.
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Only two counties buck trend of rising buyer numbers
Benham and Reeves says almost all areas of England have seen a significant uptick in the number of buyers coming to the property market.
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Bank expected to make interest rate cut today
Bank of England Governor Andrew Bailey will announce a reduction in the base interest rate at lunchtime, most experts predict.
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South East ‘most difficult place to sell a property’ – CLAIM
Estate agents in the South East have the most tricky job in the UK to achieve a sale, while Scotland the easiest, according to analysis.
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Interest rates ‘set to fall to 3.25% this year’
US banking giant Morgan Stanley forecasts a series of cuts to the base interest rate by the Bank of England, with an eventual level of 2% possible.
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Location Location Location to celebrate 25th anniversary with one-off special
Early pioneers of property programmes, Kirstie and Phil first burst onto our screens a quarter of a century ago!
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Shock report says many buyers expect mortgage costs to rise, not fall
New data reveals that in stark contrast to all the experts, just 16% of the public believe mortgage rates are going to fall this year.
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Angela Rayner threatened to quit over ‘impossible’ 1.5m homes pledge
Despite the Government’s claims to the contrary, Rayner believed at one point that Labour’s housebuilding target was never going to be achieved.
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Lender offers seven times income mortgages
April Mortgages has extended its income to loan ratio to seven in a move reminiscent of the pre-credit crash of 2008-09.
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