Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
House prices fall for first time in two years as mortgage rates jump
Nationwide figures reveal a month on month fall in house prices in November, with the typical home now costing £263,788.
Read More » -
It’s a buyers’ market and prices could fall by 25% – or more
Agents give their verdict after figures from Nationwide showing house prices fell in November for the first time in two years.
Read More » -
‘It’s not Armageddon’, but mortgage approvals bomb
The Bank of England says mortgage approvals fell 7,000 last month after the Mini-Budget hit the market.
Read More » -
Property Ombudsman cracks down on damp and mould
The Property Ombudsman is cracking down on damp and mould in the private rented sector in the wake of the tragic death of toddler Awaab Ishak.
Read More » -
Rightmove tech targets movers outside agents’ patches
A new advert offering from Rightmove enables agents to reach sellers looking to move beyond their own patch.
Read More » -
Huge surge in demand for rental property as supply flatlines
Estate agents say that while the number of tenants house hunting keeps climbing, the number of available properties to rent has flatlined.
Read More » -
Weakened demand sees return of buyers’ market
The booming house sales market was unsustainable and is now starting to balance out to pre-pandemic levels.
Read More » -
Former Chancellor pours cold water on Government’s house-building targets
George Osborne tells Neg conference that 300,000 is unachievable without major Government intervention in market.
Read More » -
LSL slams mortgage turmoil but group figures including instructions hold up
David Stewart, CEO of LSL, the Your Move parent company, says the last few weeks have been rocky, but results are still healthy.
Read More »