Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Prime property platform reveals Spring boom for London’s posh homes
Higher demand has drawn more vendors to the market with the first quarter of this year seeing the highest ever volume of new £5 million plus listings – although wider market has slowed.
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REACTION: Interest rate cut ‘less likely’ after disappointing inflation figure
A fall in inflation of less than expected prompted some economists to pour cold water on an interest rate reduction in June.
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SHOCK: Buy-to-let loans drop by a third as interest rate hikes bite
Analysis of statistics from the Financial Conduct Authority reveals a 37% fall in buy-to-let mortgages.
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PODCAST: Industry figures slog it out over rival housing market predictions
Both Lamdin and Quirk failed to land any big blows during an energetic online session with the standoff turning into a shouty showdown.
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One in five expect to wait until their 40s before owning a home
And more than 80% say that the cost-of-living has impacted their plans, with 49% having delayed them due to affordability concerns.
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House prices stablilising as sales market recovers, report RICS
The latest RICS survey reveals a steady improvement in sentiment, with buyer demand and sales expectations seeing positivity.
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BLOG: Spectre of high interest rates still stalking market says Knight Frank
Tom Bill says the current market is shaped by interest rate expectations, with mortgage costs dipping and rising while the Renters (Reform) Bill shows how regulatory uncertainty is lingering.
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Estate agency leader slams ‘limiting’ Land Registry fees
Propertymark CEO Nathan Emerson says current charges by organisation are an obstacle to agents finding essential info.
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‘Bank of Mum & Dad’ helped support a third of sales last year
Latest Legal & General data shows shocking way FTBs now rely on their parents, a growing trend confirmed by estate agency Yopa.
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‘People don’t want to buy trouble’ – messy neighbours hit property values
Untidy neighbouring properties can knock up to £57K off a house price, according to insurer Churchill.
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