Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Official data reveals ‘worrying’ lack of property market affordability
The average disposable income in England must be multiplied 8.4 times to reach the average house price, a key multiple used by Ministers to assess property market health.
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Stamp Duty revenue slumps for second year in a row
Stamp Duty Land Tax (SDLT) receipts have sunk by 24% between 2023 and 2024 with revenue falling from £15,360 million to £11,615 million.
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Mortgage rates deter first-time buyers from taking plunge
Analysis by the Mortgage Advice Bureau shows current loan rates force a quarter of first-timers to think twice, while Yopa says those who do go for it pay over the odds.
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REACTION: UK house prices up for fifth month in a row
1.3% jump in Halifax’s November index is the largest rise this year giving the housing market a welcome boost amidst post-budget gloom.
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Britain’s most expensive home? Take the property pub quiz
Zoopla has published the key facts for the property industry both serious and not-so-serious – useful for anyone organising an agency pub quiz.
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Buyers use Stamp Duty hike to seal better property deals
Aneisha Beveridge at Hamptons says home buyers are able to use the Stamp Duty increase in April to negotiate lower prices.
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London prime to be hit by non-dom tax rules, says Savills
Savills' research chief says price rises in prime markets in London are forecast to be below the growth rate of posh homes in outer London and the regions.
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REVEALED: UK’s hottest property markets for estate agents
GetAgent survey reveals which major cities have seen the biggest increases in buying activity since the start of the year and Sunderland is top of the list.
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BUDGET: Scots Government must ‘back property investment’
DJ Alexander, one of the biggest agencies in Scotland, says Finance Secretary Shona Robison has to take immediate action to address the country's housing crisis.
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New mortgage guarantee scheme savaged by expert
Labour’s proposed Freedom to Buy scheme is based on a previous model that has already proved to be a failure.
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