Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Winkworth sees completions down nearly 20%
CEO Dominic Agace says hesitant buyers and legal logjams were the reasons for the slump in transactions, as it suffered falling sales and revenue.
Read More » -
Record number of homes sold below asking price, says Hamptons
The London agency reports 50% of properties went for less than the original valuation last year, with more price drops to add this month.
Read More » -
Rightmove experts share PRS predictions for 2024
Many landlords faced the challenge of higher buy-to-let mortgage rates in 2023, contributing to rising rents for tenants – expected to increase again.
Read More » -
“It’s not that difficult” to buy a first home, says Chairman of NatWest
Sir Howard Davies says first time buyers have always had to save up – his comments came as Halifax reported prices were up last year.
Read More » -
LATEST: Race to offer best mortgage deals intensifies
HSBC offers first sub-4% five-year fixed rate as the major lenders fight to attract house buyers entering the market.
Read More » -
Think-tank says higher interest rates have given boost to household incomes
Resolution Foundation says older asset-rich households have gained the most while younger, mortgaged households have been hit hard.
Read More » -
Lettings market ends 2023 with major year-on-year increase in rents
Goodlord Rental Index reveals rents across 2023 are up by 9% compared to 2022 and year-on-year averages for December are up by 7%.
Read More » -
High-profile Yopa director quits estate agency
Grenville Turner, the former CEO of Countrywide, resigned on 31 December, after four years with the hybrid agency.
Read More » -
BLOG: Tougher EPCs have only gone for now – expect their return soon
Leaders Romans Group’s Kim Lidbury says that there is a strong likelihood that the Minimum Energy Efficiency Standard or something similar will reappear.
Read More » -
‘Thousands’ of property sellers return to market
Analysis by Yopa shows that more than 2,000 vendors decide to relist their home, and many at a discounted price.
Read More »
