Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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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.
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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.
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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.
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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.
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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.
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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.
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Post-election ‘bounces’ don’t deliver says big estate agency
The so-called 'Boris bounce' in the property market after the last General Election failed to deliver, research for estate agents Winkworth reveals.
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Housing think tank says UK homes ‘worst value’ in developed world
The Resolution Foundation continues its campaign to persuade the public that the nation is in midst of 'housing crisis'
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REACTION: What does interest rate ‘hold’ mean for market?
On a backdrop of an unexpectedly sharp fall in inflation, the Bank's Monetary Policy Committee, led by Andrew Bailey, has chosen to hold rates steady.
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Inflation boost could be ‘starting gun’ for mortgage cuts
Ben Thompson of the Mortgage Advice Bureau says the lowest inflation figure in more than two years might ease mortgage pressures.
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