Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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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.
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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.
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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.
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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.
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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.
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‘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.
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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.
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Five ways that landlords, governments and agencies could work together
Scotland’s affordable homes budget has been slashed but Glasgow’s Rosevale Letting boss Riccardo Giovanacci says the housing crisis can be eased.
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Londoners spend nearly a third less on homes outside the capital
Hamptons research reveals downsizers are bucking the trend and still driving outmigration from the Capital as they hunt for more value and space.
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Agents slam Scots and Welsh governments over housing failures
Politicians in both countries missed opportunities to tackle housing problems after announcing spending plans, Propertymark says.
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