Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Housing market confidence starts to ebb as Election draws closer
According to the latest RICS market survey, demand is continuing to significantly outstrip supply in the private rented sector creating a huge mismatch and leaving renters with rising living costs.
Read More » -
Property market upbeat and comparable with 2019 despite upcoming Election
As 4th July fast approaches not only has the property market’s activity proven steady since the Election was called, but it has also remained higher than last year in terms of demand and supply.
Read More » -
Home-moving costs spiralling with average move now costing more than £50,000
Conveyancing boss Alistair Singer says although it’s hard for first-time buyers home movers also incur a whole range of costs when looking to move up or down the property ladder.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More »
