Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Surprise late Autumn boost for Prime London sales market
Knight Frank’s Tom Bill says London continues to outperform the rest of the UK, largely because prices grew by relatively less during the pandemic.
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Leading auctioneer says market recovery ‘due to cash buyers’ only
The Auction House boss says the property industry might not be as resilient as some pundits think with more and more cash buyers skewing figures.
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Conveyancers ‘hesitant’ to raise fees despite too much work
The Council for Licensed Conveyancers told responsibilities are increasing all the time, but fees haven't gone up.
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Sales instructions jump as sellers try to beat Xmas slowdown
Research by eXp reveals a 46% increase in homes for sale in last two weeks alone.
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Britain’s ‘hottest properties’ are in London and the SE – claim
Outra’s Pre Mover product tracks the 50,000 households most likely to put their property on the market within the next six months.
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Londoners most likely to rely on inheritances to buy property
Thirdfort boss Olly Thornton-Berry says one in four homebuyers in the UK rely on the ‘bank of Mum and Dad’ when it comes to buying property.
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Conveyancer barred from practising for taking kickbacks
Stuart Farrar, who was working as a conveyancing assistant, asked clients for cash despite knowing it wasn't allowed.
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Estate agency to pay former negotiator £46,000 over discrimination
Statons of North London and Hertfordshire "sidelined" Paige Rose because of a serious illness, a tribunal found.
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Rightmove defiant in face of expected OTM onslaught
The portal's CEO Johan Svanstrom says its revenue and profit figures are healthy despite the anticipated attack from OnTheMarket and its new American owners.
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