Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Rightmove issues update after takeover collapse
The portal says membership numbers are not growing as quickly as forecast, just a month after REA Group's takever bid failed.
Read More » -
REACTION: Bank of England cuts base rate by 0.25%
In widely expected move, the Bank of England's MPC has today voted by 8 to 1 to reduce the base rate to 4.75%
Read More » -
Failure to extend SDLT relief will ‘scupper housing market recovery’
GetAgent survey shows 38% of agents believe that the lack of a Stamp Duty relief extension will have a significant impact on the health of the property market.
Read More » -
Rise in chain-free homes for sale as landlords sell up
Zoopla says that while there are many reasons why chain-free properties come to market, extra taxes for second home owners and BTL investors are a key reason at the moment.
Read More » -
Interest rate boost for property sector expected today
Bank of England Governor Andrew Bailey could announce a cut in the base interest rate, which would help the housing market after a blow in last week's Budget.
Read More » -
House prices ‘to increase 20% by 2029’ says property giant
Property firm JLL predicts prices will rise by a fifth by 2029, spurred on by lower mortgage rates and supply restrictions.
Read More » -
Agents report frantic race to beat Stamp Duty deadline
Estate agents rushed to help property investors get deals over the line before a Stamp Duty hike kicked in.
Read More » -
Big broker reports rise in cash sales, but not everywhere
SPF says overall cash sales may be down, many areas of the UK have seen huge increases in buyers purchasing without a mortgage.
Read More » -
Ex RICS chief slams Budget for ‘not doing enough to fix housing market’
London agent Jeremy Leaf says the Autumn Budget was a big ‘disappointment’ for the housing market that falls short on many levels.
Read More » -
HMRC figures reveal booming home sales market
New figures from HMRC, released a day after the Budget, show a 9% increase in property sales compared to the same time last year.
Read More »
