Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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SHOCK: Fifth of properties for sale are former rental homes
Claim is made by TwentyEA, which looked at the 28,000 advertised for sale during June and looked at their previous rental history.
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Hit Channel 4 property show to feature unusual ‘product placement’
Zoopla is supplying house price information on each area featured in Channel 4's developer programme 'Worst House on the Street', hosted by Scarlette and Stuart Douglas.
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REACTION: Inflation holds at 2% but household costs still at historic highs
Industry figures hail a period of more stable inflation but high property costs mean many owner occupiers are still suffering as monthly costs stay high.
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Bank of England decision maker urges interest rate cut
Swati Dhingra, who sits on the Bank of England's Monetary Policy Committee, says now is the time to "stop squeezing living standards".
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Billionaires swerve London’s prime property and head to Dubai
Luxury property specialist Beauchamp Estates says super wealthy buyers are spending less and opting for smaller prime property in the Capital.
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Chancellor urges Bank of England to cut base interest rate
Rachel Reeves says the Bank should consider cutting its base rate as inflationary pressures subside and the economy continues to improve.
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House prices dip in unusual summer fall, reports Rightmove
Rightmove's latest HPI reveals that average asking prices dropped 0.4% this month, which is a bigger than normal reduction for this time of the year.
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Connells reports major upturn in viewings and instructions
Ian Fry, CEO of the UK's largest estate agency group, says market activity increased significantly in Q2.
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Housing market is resurgent, property leader claims
Nicky Stevenson, MD at Fine & Country, says the property market is buoyant despite mortgage rates remaining high.
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Consumer confidence rising as cost-of-living crisis eases
Barclays makes the claim after looking at spending patterns by its millions of current account holders, including that mortgage and rent payment increases have fallen dramatically.
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