Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Estate agents in North outgun London counterparts for first time
Savills research shows property sales in North of England were higher than the Capital in the last year.
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Concerns raised about new mandatory sales packs
The Government has officially announced plans to introduce mandatory sales packs, aimed at giving buyers more information upfront.
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Majority of Reform’s corporate donors property-related
Property sector backing raises hopes any potential Reform government might take a more informed approach to housing policy.
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Major homebuying shake-up unveiled by Government
Prime Minister Keir Starmer makes announcement of reforms to property buying system to cut time to four weeks.
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Bank of England holds interest rates for fourth time in a row
The Bank of England held the Bank Rate at 3.75% again, denying the property industry the cut it needs.
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Record price gap between flats and houses
Zoopla says houses are now worth 1.7 times flats, making it the largest difference in 30 years.
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Inflation fears fade ahead of rate decision
Unexpectedly steady inflation figures have eased pressure on the Bank of England ahead of today's Bank Rate decision.
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Calls for 5% Stamp Duty threshold to change, saving £12.5k
The 5% Stamp Duty band between £250,000 and £925,000 is proving to be a "disincentive to move", claims Zoopla's Richard Donnell.
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Sales agreed figures fall 8%, but new instructions surge
Nick Huntley, of TwentyEA, says there has been a drop of more than 8% in properties that are sold subject to contract.
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Buyer hesitation dragging on market, agents report
Seller instructions remain steady despite weaker market conditions, says GetAgent boss Colby Short.
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