Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Wealthy London sales market hit by August summer slump
Slower prime London activity is putting values under pressure, warns LonRes' Head of Research Nick Gregori.
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Almost half of would-be property buyers hit pause button
New figures show many potential buyers are now waiting to see what the Budget next month contains.
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The fastest moving regions and property price bands revealed
Lower-priced properties are better placed to sell more quickly compared with more pricey homes, says TwentyEA’s Nick Huntley.
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London dominates overseas buyers market
Marc von Grundherr of Benham and Reeves says the Capital is still an attractive option for overseas investors.
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Bank of England warns of ‘softening’ property market
Transaction numbers are down by more than 10% in some areas, the Bank's network of agents says.
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Bank faces crunch interest rate vote this week
Members of the Bank of England's Monetary Policy Committee expected to hold the Bank Rate at 3.75% on Thursday.
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Leasehold property prices slide amid legal and financial concerns
Research suggests buyers are steering clear of leasehold flats due to tough lending criteria and delayed reforms.
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Long-term empty homes total tops 300,000
Chris Hodgkinson of the House Buyer Bureau says we need to make better use of the existing housing stock.
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Buyer demand and agreed sales improve after summer lull, claims RICS
The housing market may finally be finding its footings after a volatile year so far, says RICS' Tarrant Parsons.
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‘Confidence returns to London property market’, Chestertons reports
Adam Jennings, of the London agency, says buyer enquiries in August were the highest in 10 months.
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