Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Financial woes hit housebuilding sector as construction slows
Barratt issues a trading warning for the next few months, which hits the share price of rival developers.
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Industry senior calls for urgent action as rent rises spiral
Propertymark boss Nathan Emerson wants Government to step in as rent surge puts thousands at risk as landlords push prices up.
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Agents slam SNP’s unachievable house building targets
Propertymark says SNP leader Humza Yousaf must explain how it can deliver a claimed 110,000 new homes by 2032.
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Listed home owners reveal repairs and maintenance crisis
The Listed Property Owners’ Club is calls calling for VAT relief on repairs for this class of home as cost of living pressures continue to mount.
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East of England sees highest drop in property sales and SSTC
Street.co.uk Co-Founder Heather Staff says higher mortgage rates are having a pronounced effect on buying power as budgets are squeezed.
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New figures show lowest October asking price increase since 2008
The proportion of homes that are finding a buyer has dropped from eight in every 10 to six in every 10 making pricing competitively critical.
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Mortgage demand to decline as default rates rise
The Bank of England says availability of secured credit to households decreased in Q3 and is expected to decrease further in Q4.
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House buyers ‘still optimistic about property market’
Conveyancing tech giant says consumers are feeling financially worse off than they were a year ago, especially those aged 35-54.
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Estate agency chief warns Help to Buy is ‘ticking time-bomb’
Trade body boss Nathan Emerson is warning the after-effects of the Help to Buy scheme could create a dangerous housing bubble.
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Labour WILL regulate estate agents says Shadow Minister
Propertymark welcomes Matthew Pennycook's commitment to introduce the RoPA regulations if Labour wins the General Election.
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