Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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House sales will be lower than expected
"Sales agreed this year look set to be lower than expected at the start of the year", says Zoopla's Richard Donnell.
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Salisbury Novichok house for sale raises conveyancing concerns
The property was the home of former Russian military officer Sergei Skripal, who was poisoned in a failed assassination attempt.
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Death of the second home, data reveals
House prices have fallen in 80% of the UK's second-home hotspots as higher taxes erode the appeal of ownership, says Rathbones.
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‘Family home’ with Nazi memorabilia removed from portals
Purplebricks terminated Lincolnshire home seller's contract after images of "offensive" memorabilia from a virtual tour were shared online.
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Green homes attract surprisingly small premium, says Nationwide
Energy-efficient homes achieve only a modest 1.6% price premium despite growing buyer interest, says Nationwide economist Andrew Harvey.
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Asking prices matter more than interest rates, says LRG
Homes priced correctly sell more than three times faster than those launched too high, according to LRG boss Neil Louth.
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New ISA for first-time buyers ‘will kickstart’ property market
The Government is replacing the Lifetime ISA with a new savings plan for first-time buyers with no upper age limit.
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Brexit reshaped housing market, claims Yopa
A decade on from the EU vote, buyers have prioritised space and value increasingly, says Yopa boss Verona Frankish.
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Stamp Duty ‘crushing’ housing market, Hamptons warns
Tax bills for homebuyers rocketed nearly 200% since 2015, the agency says, which is holding back the market.
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LRG boss gives Burnham a property wishlist
Housing must sit at the heart of economic growth while the Government avoids excessive intervention, says LRG boss Michael Cook.
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