Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Taxes hit property market harder than Middle East war
North London estate agent Jeremy Leaf says concerns about property taxes rises have replaced the Iran war as an excuse not to buy or sell.
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Burnham’s property tax plans dismissed by Tories
Mel Stride, Shadow Chancellor, says Andy Burnham's proposals for a land value tax would represent “a huge tax rise".
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Lenders demand urgent help for first-time buyers
Around 3.5 million households are locked out of homeownership and need a helping hand to get onto the housing ladder, says the IMLA.
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South-facing gardens still popular despite heatwave effect
Buyers are willing to pay £20,000 extra for south-facing gardens, but is the sun setting on this premium?
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Property buyer demand dips with offers down
Adam Day, of EXP, says there is a divide with areas in the North seeing stronger demand than southern markets.
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Subdued homes sales ahead, RICS survey warns
The housing market activity is likely to remain relatively subdued in the near term, says RICS' Tarrant Parsons.
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Five-figure Stamp Duty stops people moving, warns Zoopla
Zoopla's Richard Donnell warns that Stamp Duty has become so high that it prevents some people from moving home.
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World Cup puts house moves on pause, says Purplebricks boss
Purplebricks' Michael Bruce says the World Cup is having an impact on the property market as movers hit pause.
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House prices edge up despite political chaos
While the pace of house price growth is small, it is the direction that has surprised many commentators given Britain's political uncertainties.
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Prime London suffers big drop in sales
Property sales in prime central London areas fell 14% in 12 months, according to the latest Knight Frank figures.
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