Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Don’t panic! House prices fell just 1.8% in 2023 says Nationwide
Housing market activity was weak throughout 2023 due to higher mortgage rates but cash transactions continued to run above pre-Covid levels.
Read More » -
British households face rocky road into 2024 – claims think tank
Resolution Foundation says there are real challenges for politicians trying to tell a single story about whether the country is making progress.
Read More » -
BLOG: Open Banking WILL help ‘generation rent’ onto housing ladder
Jon Hart of Moneyhub Enterprise, says Open Banking can help renters get on the housing ladder by allowing them to share data with lenders to give real-time details of their spending.
Read More » -
House prices still rising despite economic headwinds says leading lender
Halifax data shows average house price rose by +0.5% in November after a +1.2% rise in October, so a typical home is now worth £1,300 more than last month.
Read More » -
Spring Budget unlikely to see inheritance tax scrapped says No.10
Downing Street says talk of inheritance tax cuts are wide of the mark and that fewer than 4% of estates paid the tax.
Read More » -
Tory help for first time buyers to be in next manifesto
Housing secretary Michael Gove says the Conservatives must do more to help young people buy their first home.
Read More » -
Government crackdown on property sector corruption revealed
Information on owns 'land trusts' is to be made more transparent to help prevent corruption, especially involving foreign investors.
Read More » -
2024 ‘will be tough’ as mortgage approvals to fall by 24%
Research from GetAgent.co.uk reveals this will be the second year in a row that mortgage volumes have fallen significantly.
Read More » -
‘Window of opportunity’ beckons in New Year property market
Tom Bill, head of UK residential research at Knight Frank, says buyers and sellers can exploit a stable market before a General Election.
Read More » -
Treasury warns mortgages ‘would jump £2K under Labour’
Officials have done some number crunching of Labour's spending plans and claim they would add nearly £2,000 to mortgage bills.
Read More »
