Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Spike in London sales and lettings enquiries from the Gulf as war intensifies
Estate agents are reporting a big increase in both sales and lettings interest from expats and investors from the Middle East due to the conflict there.
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Agents see fees earned increase as sale prices rise
Colby Short of GetAgent reports increased income per sale for agents in 15 UK cities as property prices continue to rise.
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Trump’s war dashes hope of rate cut this week
Experts expect the Bank of England and its Governor Andrew Bailey to respond to the effect of war in the Middle East by keeping the interest rate at 3.75%.
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Housing market holds firm despite increasing global uncertainty, Rightmove claims
Rightmove’s Colleen Babcock says it is too early to tell what effect the crisis in the Gulf might have on the property market.
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Fate of housing market ‘depends on Trump’, says Knight Frank
What US President Donald Trump says about the length of the war in the Middle East will determine the future of the housing market, says Knight Frank.
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Prices plateau as sealed bids and gazumping of two years ago vanish – RICS agents
Responding to the latest RICS survey, estate agents reveal what is happening in the housing market on the ground.
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Global headwinds weigh on housing market confidence, warns RICS
Forward-looking sentiment has turned more cautious, although twelve-month expectations "remain positive", says RICS analyst Tarrant Parsons.
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Million pound homes sell for massive loss, new analysis reveals
Around one in five homes valued at a million or more were sold for less last year than their previous purchase price.
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REACTION: Halifax reports strongest annual growth in four months
Despite growth, geopolitical uncertainty could impact inflation and the wider economy, warns Amanda Bryden, Head of Mortgages at Halifax.
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War in Middle East may force Bank to raise interest rates, economists warn
The Bank of England could come under pressure to raise the base rate to control inflation when it next meets in two weeks' time.
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