Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Substantial fall in Prime Central London sales
Jeremy Gee of upmarket estate agency Beauchamp Estates says there was a 25% drop in the number of prime London sales in 2024.
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Transactions blow as Land Registry staff go on strike
The strike over home working is likely to cause chaos just as the rush to beat Stamp Duty changes comes to a head.
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Surveys caused most sales fall-throughs during 2024
In a challenging year for the housing market just under a third of sales collapsed before they could complete according to new data from house buyer Quick Move Now.
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FTB Stamp Duty rush to buy ‘now coming to an end’
There are just three months left to complete purchases before the Stamp Duty rises and so the spike in first-time buyer activity has already passed its peak.
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2025 will be a buyer’s market say property industry experts
The increasing number of properties being listed for sale per estate agent will provide buyers with greater choice and reduce competition.
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One of shortest-serving housing ministers knighted in NY honours list
Marcus Jones, who has been in local and national politics for 19 years, was also briefly a 'revolving doors' minister within the Ministry of Housing under Boris Johnson.
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Rightmove reports busiest Boxing Day EVER
Portal says both buyers enquiries, traffic and number of new property listings exceeded last year's already record Boxing Day.
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51% of people looking to move home next year
A survey by developer David Wilson Homes has revealed huge number planning on moving home next year.
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Estate agency reveals 2024’s house price winners and losers
CEO of Yopa, Verona Frankish highlights analysis showing which areas have performed the best this year, with an average price increase of 5.1% across the UK.
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Former agency boss says Labour is ‘gerrymandering’ over housing targets
Shadow Housing Secretary Kevin Hollinrake, who founded Hunters, says Labour is earmarking more homes in rural areas and fewer in cities where the party is strong.
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