Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Buyers negotiating £18,000 average discount off next home
The total number of homes for sale has reached a six-year high with higher mortgage rates helping to stoke the current buyer’s market.
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Industry figure ‘promises to eat shoes’ if Labour hits housing promise
The TV pundit and property expert was discussing the impact of the latest net migration figures on GB News when he made the crazy promise.
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REVEALED: 884 property portfolios for sale in UK right now
Research by easyMoney reveals portfolio prices are the most expensive in the capital and rental yields the lowest after Wales.
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Government pours £3 million into proptech start-up development
Jeremy Hunt announced extra funding for pilots to test new proptech products and improve the home moving process.
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‘Estate agents should embrace all the options to fix broken chains’
UPSTIX boss Fred Jones says that in a cooling market even seasoned estate agents might be unable to find the perfect buyer when chains collapse.
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REACTION: Hunt extends business rate freeze for estate agencies
Chancellor Jeremy Hunt has frozen business rates for small firms for another year in his Autumn Statement.
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Estate agency property sales blighted by rise in gazundering
Sellers are still facing 'lowball' offers at the last minute before completion, research shows.
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Leasehold plan to inflate property prices by 10% says Knight Frank
Reforms set out in the King’s Speech would give leaseholders the right to extend the lease to 990 years but have unforseen consequences says new report.
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Mortgage arrears set to balloon as cost of living bites, warns Nationwide
The building society says many more homeowners are unable to afford their mortage repayments.
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Estate agents ‘must help first time buyers’ navigate diffcult market
Estate agents and brokers could help younger clients with guidance and information surrounding homebuying much earlier in the process.
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