Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Rents rose again in January but so did void days
Goodlord boss William Reeve says the latest rent increases are a sign that ‘the market isn’t cooling down anytime soon’.
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Jeremy Hunt ‘could still target Stamp Duty in Spring Budget’
Despite admitting to less headroom than previously thought Chancellor Jeremy Hunt still has options to make changes to hated Stamp Duty.
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REACTION: Bank holds base rate at 5.25% in split vote
The Bank of England and Governor Andrew Bailey have held the base interest rate at 5.25% for the fourth time running.
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No regrets for LSL as it powers ahead with franchise model
The Group has 61 estate agency franchisees operating in 306 territories making it one of the biggest providers of agency franchise services.
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Bank of England ‘set to hold’ interest rate today
Most experts believe Andrew Bailey and the Bank of England's Monetary Policy Committee will keep the base interest rate at 5.25% when a decision is announced today.
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‘Five million new homes needed’ to cope with population boom
Karl Williams of The Centre for Policy Studies think tank warns that 156,000 extra homes must be built every year to cope with rising numbers of residents.
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‘Let’s get it together’ say FTBs as they scale affordability mountain
Joining forces to afford to buy, FTBs are now 32 years old on average and put down a deposit of £53,414 – some £21,000 more than 10 years ago.
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Property industry experts welcome January rise in house prices
Nationwide reveals UK house prices rose by 0.7% in January but what happens to mortgage rates will be crucial for 2024.
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Estate agency agrees to change misleading ads after complaint
Town & Country Estate Agents will ensure future adverts make it clear if a property has a leasehold or freehold title.
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Conveyancing fees jump amid warnings of overloaded solicitors
Buyers and sellers fees for house sales rose more than 6% in a year, with some paying well over £2k, figures from Ruban Selvanayagam at Property Solvers reveal.
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