Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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House prices analysis: country and regional markets for Spring 2024
Kate Faulkner takes a step back to give us a national perspective on house price movements over the past few weeks. Scotland's up, England and Wales down and Northern Ireland holds its own.
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Demand for bungalows soars, but they account for just one in 10 home sales
The pandemic slowed down the pace of downsizing but last year’s energy crisis became a key driving force to downsize and the trend shows little sign of abating.
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Guess who are the ‘new oligarchs’ buying up London’s property?
Trevor Abrahmsohn says buyers from California, disillusioned by their home state, are now the major players in the Capital's prime and super-prime market.
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Stamp Duty key ‘Election battle ground’ as Farage and Hunt promise cuts
Nigel Farage's Reform UK party promises to abolish Stamp Duty on properties worth less than £750K, while Tories say all FTBs would not pay the levy.
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WARNING: ‘Prime London sales market cooling as demand drops’
Tom Bill of Knight Frank says there are less buyers interested in properties worth more than £5 million with a fall in offers and registrations.
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Mortgage brokers slam Labour’s Freedom to Buy scheme ‘a sham’
Labour would change the existing mortgage guarantee scheme into a permanent fixture if it wins the Election, but leading brokers are unimpressed.
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Chancellor promises not to raise CGT, Stamp Duty or Council Tax
Jeremy Hunt has called on the Labour leader to match his new pledge not to increase property taxes across the board.
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Rightmove slams Sunak and Starmer for ignoring housing
Rightmove is concerned that housing issues 'barely got a look-in' during the first TV debate between the two leaders.
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WARNING: 40-year mortgages ‘will store up problems’ for young homeowners
Bankers trade body UK Finance warns that young people taking out long-term home loans may not be able to pay into pensions.
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REVEALED: The ‘best day of year’ to put a house on the market
The 1st July is predicted to be the day when the highest number of people will be searching for a new home, according to analysis by Alison Maclean and developer St Modwen.
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