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: Buy-to-let loans drop by a third as interest rate hikes bite
Analysis of statistics from the Financial Conduct Authority reveals a 37% fall in buy-to-let mortgages.
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PODCAST: Industry figures slog it out over rival housing market predictions
Both Lamdin and Quirk failed to land any big blows during an energetic online session with the standoff turning into a shouty showdown.
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One in five expect to wait until their 40s before owning a home
And more than 80% say that the cost-of-living has impacted their plans, with 49% having delayed them due to affordability concerns.
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House prices stablilising as sales market recovers, report RICS
The latest RICS survey reveals a steady improvement in sentiment, with buyer demand and sales expectations seeing positivity.
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BLOG: Spectre of high interest rates still stalking market says Knight Frank
Tom Bill says the current market is shaped by interest rate expectations, with mortgage costs dipping and rising while the Renters (Reform) Bill shows how regulatory uncertainty is lingering.
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Estate agency leader slams ‘limiting’ Land Registry fees
Propertymark CEO Nathan Emerson says current charges by organisation are an obstacle to agents finding essential info.
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‘Bank of Mum & Dad’ helped support a third of sales last year
Latest Legal & General data shows shocking way FTBs now rely on their parents, a growing trend confirmed by estate agency Yopa.
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‘People don’t want to buy trouble’ – messy neighbours hit property values
Untidy neighbouring properties can knock up to £57K off a house price, according to insurer Churchill.
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REACTION: House prices fall for first time in six months
The average house price fell by £2,900 to £288,430 but despite the downturn prices remained higher compared to the previous year, showing a 0.3% increase in March.
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Rightmove reveals big rise in vendors coming to market
The last working day before the Easter break was the best so far this year for the housing market with a large number of sellers taking the plunge, the portal reveals.
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