Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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PM to slash red tape and (hopefully quickly) boost property market
Rishi Sunak reveals a major initiative to force local councils to be more flexible and allow more inner city development.
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Landlord confidence returning after years of gloom
But concerns are growing over future rental yields as tenant demand shows signs of slowing for the first time in 18 months.
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Estate agency and its director struck off by RICS for misconduct
Emma Walker and E W Estates have been punished by a disciplinary panel after it was found she had lied about her qualifications and experience when applying to join the organisation.
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Property values ‘defied gravity’ during 2023, says Zoopla
Zoopla's Izabella Lubowiecka says value reductions were focused in southern England while modest gains were recorded in lower priced markets.
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Higher rents and mortgages raised housing costs by £20bn, says Savills
Savills' research chief says higher rents plus soaring mortgage rates pushed up housing costs to over £200 billion, forcing many cash-strapped consumers to tighten belts.
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Housing market ‘not out of woods yet’ and prices will fall, analyst warns
Rob Morgan of Charles Stanley says interest rate cuts cannot be taken for granted with some real risks to inflation.
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Estate agents ‘need just SEVEN hours of viewings on average to sell a home’
Despite the time it takes, sellers complain about having to keep the house presentable as well as short notice cancellations, says leading property group.
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‘Stop scaring people with house price crash predictions’, pundits warned
Comments are made by industry figure and PR firm founder Russell Quirk following upbeat index data from the Halifax.
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Valuation requests hit record high as market heats up
Rightmove says the number of sellers asking for a valuation of their property is up 23% on the same time last year.
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Hope springs eternal as housing market bounces back, says RICS
RICS reports sales agreed swung into the positive last month with agents believing sales will pick up between now and May.
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