Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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‘Estate agents should embrace all the options to fix broken chains’
UPSTIX boss Fred Jones says that in a cooling market even seasoned estate agents might be unable to find the perfect buyer when chains collapse.
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REACTION: Hunt extends business rate freeze for estate agencies
Chancellor Jeremy Hunt has frozen business rates for small firms for another year in his Autumn Statement.
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Estate agency property sales blighted by rise in gazundering
Sellers are still facing 'lowball' offers at the last minute before completion, research shows.
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Leasehold plan to inflate property prices by 10% says Knight Frank
Reforms set out in the King’s Speech would give leaseholders the right to extend the lease to 990 years but have unforseen consequences says new report.
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Mortgage arrears set to balloon as cost of living bites, warns Nationwide
The building society says many more homeowners are unable to afford their mortage repayments.
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Estate agents ‘must help first time buyers’ navigate diffcult market
Estate agents and brokers could help younger clients with guidance and information surrounding homebuying much earlier in the process.
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Housebuilders woo wobbly buyers with huge sweeteners
Carpets, white goods, legal fees, stamp duty fees, deposit contributions, cashbacks and mortgage subsidies are all being offered to tempt buyers.
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Big agency boss warns Chancellor against inflationary tax cuts
Chancellor Jeremy Hunt is preparing for his Autumn Statement but Winkworth boss Dominic Agace worries some tax and VAT cuts would be self-defeating.
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Halifax reveals 70 property markets bucking downward UK trend
Powys in Wales has seen the strongest growth over the last 12 months, East Lindsey tops the list for England and Moray takes Scotish crown.
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Reshuffle latest: Lee Rowley appointed as Housing Minister
Rowley becomes the sixth housing minister in 17 months in what has become a revolving door at the Department for Levelling Up, Housing and Communities.
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