Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Fall-throughs still costing homesellers nearly £1 billion a year
Home Sale Pack Co-Founder Ruth Beeton says the only reason fall-through numbers are down is due to reduced activity, but now the market is picking up again the cost of fall-throughs will rise with it.
Read More » -
Savills: Yields finally rising within London’s prime rental market
Savills’ research analyst Jessica Tomlinson says prime rental growth in London has steadied but gap between tenant and landlord expectations has widened.
Read More » -
House prices rise as market improves, says big lender
Latest stats from Nationwide show annual prices were up 1.6% in March, though the monthly figures were not as encouraging.
Read More » -
Third of homes sold so far in 2024 go to first-time buyers
Lower mortgage rates driven by falling inflation have proved a lifeline with first-time buyers making up 33% of all buyers in the first quarter of the year.
Read More » -
Keller Williams UK officially wound up as latest development hits agency
The licence holder of Keller Williams in the UK has been liquidated after investors voted for a voluntary winding up.
Read More » -
BLOG: Home owners’ rising mortgage pain won’t hit market
Knight Frank’s Tom Bill says pain should be short lived for borrowers currently rolling off favourable 2-year fixed deals as mortgage rates come down.
Read More » -
Number of empty homes ‘scandalous’ says leading agent
Marc von Grundherr makes comments ahead of next week's changes to council tax on vacant properties.
Read More » -
Down valuations ‘rearing their head again’ says big property firm
Across Britain the average property subject to a down valuation is being revalued by 2.8% - around £7,290 on the current average house price.
Read More » -
Renting now cheaper than owning first home in nearly all regions
The South West, London and Scotland are now the only regions where owning a first home is cheaper than renting.
Read More » -
KPMG: Bank of England ‘will cut interest rate four times this year’
KPMG says Governor Andrew Bailey and the Bank of England must cut interest rates quickly or the economy will suffer.
Read More »
