Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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First-time buyers ‘suffer most’ from rising mortgage rates due to war
The cost of home loans for buyers trying to climb onto the housing ladder has jumped since war in the Middle East began last month.
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Home sellers say agency fees ‘unfair’ in new poll
A quarter of property vendors said they were unhappy about being charged for premium listings and upgrades.
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Homes move ‘within reach of first-time buyers in most areas’
Nationwide's latest report reveals that affordability has improved for first-time buyers in 70% of local authority areas.
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UK’s cheapest town to buy a family home is revealed…and it costs just £82,000
Quiet town in County Durham sees prices for three-bed houses at only £82,000, new Zoopla research shows.
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Landlord Investment Show comes to London – 24th March
A major event aimed at landlords and property investors takes place next Tuesday in Central London – and it's free to attend.
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REACTION: Bank holds interest rate amid war uncertainty
The Bank of England and Governor Andrew Bailey voted unanimously to keep the base interest rate at 3.75% after earlier predictions there might be a cut.
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Connells owner reveals ‘collapse’ of first-time-buyer market
Stuart Haire of Connells-owner Skipton says only one in 15 home purchases are now made by people aged under 25.
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Will Trump’s Middle East war end hopes of base rate cut today?
Sales agents hoping for a shot in the arm for the property market in the form of a rate cut are likely to have their hopes dashed by the Monetary Policy Committee today.
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Tories launch petition calling for Stamp Duty to be scrapped on main homes
Ollie Marshall of Prime Purchase supports the initiative saying removing Stamp Duty would be transformative as it is one of the UK’s most ‘toxic taxes’.
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Hundreds of high-end properties to flood London market after collapse of shadow bank
Properties in Mayfair, Belgravia, Kensington, Knightsbridge, Fitzrovia, Marylebone and Nine Elms are to be sold by administrators.
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