Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Homeownership trumps retirement plans, research suggests
A survey reveals that almost half of adults would sacrifice their retirement if it meant owning their own property.
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Agents urged to consider AI smart glasses warnings on property listings
The Guild of Property Professionals' Paul Offley suggests the rise of smart glasses provides new compliance challenges for agents.
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Overseas buyers turn to mortgages to buy luxury properties
Francesco Amato, of Karis Capital, says more wealthy borrowers are choosing to borrow when they purchase property to free up capital.
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Asking prices rise for first time in four months, Rightmove reveals
Rightmove’s Colleen Babcock suggests there is more confidence in the property market but realistic pricing remains key.
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Britain needs to brace for ‘interest rate rises’
The Bank’s Governor Andrew Bailey has warned that "it is likely that policy may have to tighten".
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A new Help to Buy needs better buyer focus, former boss warns
Chris Lee, who was in charge of Help to Buy, claims any efforts to revive the scheme need to help a broader range of buyers.
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Bank of England reveals latest interest rate decision
The Bank of England's Monetary Policy Committee has made its latest move amid rising inflation and continuing economic uncertainty.
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Rate rise needed to ‘keep a lid’ on rising inflation, experts warn
Mark Harris, of mortgage broker SPF Private Clients, warns there are growing fears the Bank of England will raise rates several times to keep a lid on inflation.
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Property market enjoys big supply boost this month
More than 54,000 extra homes are on the market this month, according to Yopa's Verona Frankish.
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House price growth falls for third consecutive month, Land Registry reveals
Estate agents insist the market is still moving despite Land Registry data highlighting slowing house price growth.
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