Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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76% of estate agents predict ‘positive’ 2025 property market
Property market optimism is high with polled agents predicting that the improved market conditions seen in 2024 are set to continue over the next year.
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Strong finish for housing market in 2024 – Zoopla
The latest House Price Index from Zoopla shows the housing market is set to finish 2024 on a high with sales volumes up 23% in the last four weeks.
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Autumn Budget dented home buyer confidence, reports Bank of England
Latest economic report from the BoE says property industry feels Rachel Reeves' tax increases are worrying some house hunters.
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Scottish agents sold the most homes during 2024 reveals surprise data
Agents in Surrey and London will be choking on their mince pies as Scots agents take the top spot this year.
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‘Not surprising but not welcome’ say agents after base rate held
Industry commentators understsand inflation must be under control, but worry rate hold will damage an already fragile recovery in the sales market.
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Youngest buyers come back to the market quickest – Zoopla
Research shows younger buyers from more affordable areas and smaller properties are the most likely to move home although Stamp Duty costs are a major factor.
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Major lender pins housing market recovery on two key factors
The UK’s housing market has been ‘underpinned’ by falling mortgage rates and rising wages in 2024, according to Halifax boss Amanda Bryden.
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Big lender says first-time buyer race pushing up house prices
Shawbrook MD Emma Cox says a rush to beat the Stamp Duty relief deadline is raising house prices, but a slump may follow.
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Property deals hit by IT security failure at search service
Agents and conveyancers in Scotland have been unable to access insolvency searches as the register was suspended.
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House hunting to continue throughout Xmas says agency
Most potential buyers are going to keep looking over the festive period as a Stamp Duty deadline looms.
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