Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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83% of buyers will pay more Stamp Duty from 1st April
Zoopla’s figures show a huge rise in the number of people paying Stamp Duty after the April rise.
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Ministers step up efforts to boost first-time buyers
The Government launches a new mortgage guarantee scheme, and backs plans to relax mortgage application criteria.
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April stamp duty deadline ‘shaping housing market’
Rightmove is reporting housing market is 'muted’ as April’s rise in Stamp Duty looms.
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First time buyers hit record numbers ahead of Stamp Duty hike
New figures from Halifax reveal a big jump in FTBs coming to the property hoping to beat the Stamp Duty rate change.
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Housing market ‘lost momentum’ in January says RICS
RICS’ UK Residential Property Survey shows demand and sales are broadly flat but the market is expected to pick up later in the year.
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Conveyancers are ‘second busiest recruitment sector’
With an average salary of nearly £53,000, conveyancer jobs are the second most in-demand after teachers, Indeed.com says.
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Conveyancing fees for leasehold sales and purchases increase
While freehold conveyancing fees have largely remained flat, fees for those buying leasehold properties have increased by up to 7.14%.
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Property fall-throughs ‘likely’ as thousands miss Stamp Duty deadline
More than 120,000 homebuyers will fail to complete their deals before 31 March, and some will pull out, brokers warn.
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REVEALED: Places where estate agencies are the busiest
OnTheMarket reveals the sales ‘hotspots’ around the country where estate agents are hardest at work.
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Rocketing leasehold service charges putting off buyers, says big estate agency
Hamptons says leasehold flat owners are now paying £2,000 a year on average in England, and that mortgage lenders and buyers are now becoming cautious about value and affordability.
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