Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Rent arrears fall to record low
"Record low arrears is a sign that the sector continues to demonstrate resilience,” says Paragon Bank's Lisa Steele.
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House price growth slowed in June, reveals Land Registry
The summer lull has continued after house price growth slowed for the second consecutive month.
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Three out of five home sales at risk of delays
Longer transaction times mean more property searches could expire, according to TwentyEA's Nick Huntley.
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New calls emerge to revive Help to Buy
Help to Buy was good for buyers and the Treasury, says the Home Builders Federation's Neil Jefferson.
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Regional gap grows as more homes take longer to sell – Zoopla
A regional divide is opening up when it comes to time on the market, says Zoopla's Richard Donnell.
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Mansion Tax increases predicted in upcoming Budget
Knight Frank’s Tom Bill says Andy Burnham faces “tough choices’ in order to meet his Government's spending plans.
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Prices to fall this year despite Burnham bounce
Rightmove has downgraded its forecast for this year, suggesting that asking prices will see a drop of up to 2%.
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August price fall wipes out top earner’s monthly pay
Sellers have knocked £7,360 off the average asking price, roughly a month's take-home pay for someone earning £145,000 a year.
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Cities with fastest selling property markets revealed
Riccardo Iannucci-Dawson, of Alto, says Glasgow tops the league table with deals being agreed in just 11 days.
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Repossessions fall but affordability fears remain
Repossession numbers drop but agents are warned not to read the figures as an all clear.
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