Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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EXPERT: ‘It’s time Propertymark and RICS overhauled sole agency agreements’
Marketing guru and industry veteran John Durrant challenges to Propertymark and RICS to come up with a Code of Practice for Sole Agency Agreements.
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House hunting tenant numbers at two-year low say agents
The trade body’s December report shows the number of prospective tenants registered per member branch reduced to 63 from 86.
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Letting agent slams ‘rushed through’ Scots rent controls
David Alexander says new rent arbitration scheme will only exacerbate existing problems.
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New research shows ‘hotspot’ and ‘notspots’ for PRS market
Simply Business boss Alan Thomas says Scotland’s second city has seen the highest number of buy-to-let properties.
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Foxtons sales drop 14% but figures rescued by lettings
The London agency says its figures are in line with expectations given a difficult year in 2023.
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Fancy that! Damage to sales market from high interest rates ‘overestimated’
On average sellers across the UK achieved 96.6% of their original asking price, a decrease from the 99.4% achieved in 2022.
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Big agency swoops to buy Nick Dunning’s Stirling Ackroyd group
Michael Cook and Leaders Romans Group buy Stirling Ackroyd, Alexander & Co and Peter Ball as part of a major expansion.
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New plans for 1% mortgage deals leave property and finance experts divided
Rishi Sunak and Jeremy Hunt are said to be considering the move to bolster the chances of first-time buyers getting on the housing ladder.
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Vendors realised £103,000 on property sales last year says Hamptons
Despite falling prices more than nine out of 10 sellers still sold their home for more than they paid netting themselves just over £100,000.
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BLOG: ‘Don’t delay’ now is the time for vendors to go for it
Paul Hilton of ESPC explains why, even in a slower market, homeowners shouldn’t hold off on selling their homes.
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