Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Vendors still making big profits from property sales, says Zoopla
Homeowners who sold their property in 2023 made an average gain of £74,000 with Londoners seeing the largest capital gains at £137,000, according to the portal's senior researcher.
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EXCLUSIVE: Foxtons targets national market in growth plans
Foxtons CEO Guy Gittins tells The Neg his vision for the London agency is expansion across the whole of the UK with 500-600 offices.
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Regulator ‘must have teeth’ to suspend estate agencies, Lords told
Timothy Douglas from Propertymark says a new regulation body needs to have powers to stop rogue agencies operating.
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Chancellor ‘must help first time buyers’, Emerson tells Phil Spencer
Comments are made by Propertymark boss Nathan Emerson during and interview with MoveIQ's Phil Spencer.
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WARNING: Japanese knotweed set for early arrival this year
The distinctive red stems of Japanese Knotweed have already sprouted thanks to the persistent wet and warmer weather conditions.
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Foxtons full year profits hit by acquisition spree costs
The London agency says the cost of integrating Ludlow Thompson and 'consolidating' its branch network hit profits.
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UK’s biggest building society demands Budget help for landlords
The Mortgage Works, a subsidiary of Nationwide, is urging government to support landlords for a stronger private rental sector.
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Chancellor ‘ditches’ 1% mortgages ahead of Budget after backlash
Reports suggest Chancellor Jeremy Hunt has scrapped plans to introduce a 1% mortgage to help first-time buyers.
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Connells Group chief stands down after just six months
Sarah Whitney only became Connells chair in September, but has now left, and the news comes just days after LSL chair David Barral departed.
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Industry reaction: UK House prices rise for the first time in a year
UK house prices rose 0.7% month on month in February taking the annual rate of house price growth to 1.2% from -0.2% the previous month.
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