Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Foxtons reports more bumper sales results in Q3
Foxtons CEO Guy Gittins says the company has achieved a thrd consecutive quarter of growth, with overall revenue up 8% to £47 million.
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LAST CHANCE: Tomorrow ‘final day’ to list a property to sell by Xmas
The HomeOwners Alliance says Wednesday is the last day to put a home on the market to have enough time to sell by the festive season.
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Home movers ‘waiting for Budget’ before committing
Although the number of properties being listed is on the rise the number of sales is lagging considerably behind according to the latest Landmark report.
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Rich investors back Capital Gains Tax rise for landlords
Think tank the IPPR says making Capital Gains Tax equal with income tax is supported by millionaire investors and would not hurt the property market.
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PIX: Estate agencies share fee after selling £11m Diana home
The sale of the Spencer family's Mayfair home was managed by joint sole agents Wetherell and Chestertons and went under offer in less than a week.
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Property industry presses Labour to adopt UPRNs after ‘patchy’ take-up
A coalition of housing organisations has written to Housing Minister Matthew Pennycook arguing UPRNs are essential to a more efficient property market.
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Big house builder says uncertainty about Budget is hurting market
The varied messages about the looming Autumn Budget are damaging buyer confidence and hurting sales says FTSE 250 developer Bellway.
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Labour reveals £68m for 5,000 homes on brownfield sites
Prime Minister Keir Starmer says the Government is "on the side of builders" as it pledges £68 million for homes on disused city sites.
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Big rise in number of sales fall-throughs reported
Homebuyers are still struggling with higher mortgage rates and so more and more sales are falling through says Moverly’s Gemma Young.
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Housing market continues to pick up, say upbeat RICS agents
RICS President says estate agent members report a significant uptick in activity including more instructions, demand and sales - but problems remain in rental market.
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