Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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‘General Election countdown has already begun for housing market’
Knight Frank’s Tom Bill says pressure for politicians to support buyers, back stamp duty cuts and modify theRenters (Reform) Bill is increasing.
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House prices dropping at most dramatic rate for a decade
Largest house price falls are concentrated in Southern England towns including Colchester (-3.5%), Canterbury (-3.4%) and Luton (-3.3%).
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Nose diving house prices drive landlords’ expansion plans
Most intending to buy are portfolio landlords with 44% owning 11 or more properties and a quarter of those have between four and 10 properties.
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Industry ‘in limbo’ after ‘half-baked reforms’ says inventory chief
Inventory chief Daniel Evans says the Renters (Reform) Bill is a "half-baked cake" which breeds uncertainty.
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Yopa first estate agency to launch daft Halloween ‘research’
Yopa boss Verona Frankish says a 10% asking price reduction could be a compromise if you find yourself selling a scary home.
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Three quarters of house sales sink below asking price, data shows
Propertymark chief Nathan Emerson says its latest survey reveals a high number of deals under the original amount.
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Housing firm to offer shared ownership scheme via agents
Heylo's Your Home is a private shared-ownership proposition that turns freehold homes on the market into part-buy, part-rent proposition.
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Tebb to stay in charge at OTM after takeover
Current OnTheMarket CEO Jason Tebb to remain in post after CoStar acquisition goes through – and there will be no job losses.
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Auction markets remaining resilient and reporting steady growth
Essential Information Group’s David Sandeman says that the property auction market's overall realised value stands at over £572.9 million.
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Stock levels surge as sellers buoyed by better mortgage market
Estate agency comparison site GetAgent says new for sale homes have shot up 128% since the start of the year.
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