Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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House prices ‘to increase 20% by 2029’ says property giant
Property firm JLL predicts prices will rise by a fifth by 2029, spurred on by lower mortgage rates and supply restrictions.
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Agents report frantic race to beat Stamp Duty deadline
Estate agents rushed to help property investors get deals over the line before a Stamp Duty hike kicked in.
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Big broker reports rise in cash sales, but not everywhere
SPF says overall cash sales may be down, many areas of the UK have seen huge increases in buyers purchasing without a mortgage.
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Ex RICS chief slams Budget for ‘not doing enough to fix housing market’
London agent Jeremy Leaf says the Autumn Budget was a big ‘disappointment’ for the housing market that falls short on many levels.
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HMRC figures reveal booming home sales market
New figures from HMRC, released a day after the Budget, show a 9% increase in property sales compared to the same time last year.
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BUDGET: Property figures slam lack of support for first time buyers
Even with a brake on investors through a hike of Stamp Duty, property leaders say not enough is being done to help people trying to get on the ladder.
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Punitive! Property sector reacts to BTL Stamp Duty hike
In the Budget, Chancellor Rachel Reeves raised the Stamp Duty rate on investment properties from 3% to 5% from today, but few support it within the industry.
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Chancellor says Stamp Duty hike on buy-to-let ‘justified’
Chancellor Rachel Reeves increases Stamp Duty on investment property from 3% to 5% from tomorrow in the Budget.
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Stamp Duty increase will hit downsizers, estate agency claims
Property owners looking to downsize their homes will end up paying more Stamp Duty when rates change in April.
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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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