Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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40% of the PRS could soon be build to rent, claims Savills
The estate agency says while only 2% of PRS is currently BTR in the UK, in Germany and the US is between 37% and 41%, its new report highlights.
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Boom looming? Labour victory and rate cut to boost market
Monthly barometer of RICS' member agents reveals rising optimism that ongoing subdued market will pick up over next three months.
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Working from home phenomenon tailing off, claims lettings chief
Jackson-Stops' Alex McConnell says more clients are asking for pied-a-terre homes on her London patch to live in during the week - a sure sign #WFH is on the wane.
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Labour drops ‘levelling up’ from housing department title
Rayner says levelling up name change in 2021 by Michael Gove was a gimmick and promises to 'go back to basics' on housing.
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ELECTION: Half of voters who are worried about housing to back Labour
After 14 years of Tory housing policies and 16 ministers, voters who consider housing a 'dealbreaker' back Keir Starmer, a new poll reveals.
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YouTuber promises 50-hour marathon property and politics debate
Controversial figure Charlie Lamdin is inviting anyone including agents to join him in an online examination of the parties' housing policies.
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OPINION: Labour’s decision to roll back Stamp Duty reliefs is odd
Nigel Lewis had time to reflect on the party's decision to make it more expensive to buy a home after March next year during a chat on Russell Quirk's Talk TV show.
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Purplebricks fees under fire from homeowners lobbying group
The HomeOwners Alliance warns that some vendors who use Purplebricks are losing their money as deals fall through.
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Homes for sale in UK are 8% over-valued, claims Zoopla
Zoopla says that homebuyers are largely shrugging off the election with a fifth (19%) more homes for sale than a year ago, new sales agreed 8% higher and demand up 6%.
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Return to ultra-low interest rates unlikely says lending giant boss
Lloyds CEO Charlie Nunn says while interest rate cuts from the Bank of England expected later this year would be ‘beneficial’, homeowners shouldn’t expect a return to ultra-low interest rates.
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