Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Reports of sales market’s demise ‘may be greatly exaggerated’
Shortages of residential property stock remain acute at the lower levels of pricing but levels have now fully recovered at the higher-priced bands.
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BLOG: Gazumping and gazundering ‘prime indicators’ of poor economy
Trevor Abrahmsohn says these twin horsemen of the property apocalypse are the uninvited guests of a bull and bear residential property market.
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Mum & Dad’s paying the deposit! Sky-high rents force tenants to seek family finance
The cost of renting and the resulting deposit required is ranked as the biggest issue for tenants with many turning to other sources to raise funds.
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REACTION: Bank of England maintains interest rate at 5.25%
The Bank of England has decided to keep the base interest rate at 5.25% in a close vote of the Monetary Policy Committee.
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Big landlord warns rising rents threaten ‘heart and soul’ of property market
Latest data from the Office for National Statistics shows annual private rental prices increased by 5.4% in England, 6.5% in Wales and 6.0% in Scotland.
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eXp to investigate high-profile agent over TV allegations
Adam Day, boss at eXp, says the US-style agency will investigate claims that Ian Wyn-Jones misled customers.
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Ban on gas boilers ‘to be delayed’ say Government insiders
The Government will put back a move to outlaw gas boilers in favour of heat pumps, according to a No 10 source.
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More agents allowing viewings by ‘non proceedable’ potential buyers
Approximately 13% of people viewing properties are currently ‘not proceedable’, up from 3.7% last year, says Danny Luke of homebuying firm Quick Move Now.
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Newbuilds ‘on hold’ as stock slumps below pandemic levels
DJ Alexander says house building has hit a "worryingly low level" north of the border as the population reaches a record high.
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Scots property sales fastest and London slowest, new market data shows
Quick Move Now and Home.co.uk have issued a league table of the best and worst markets in the UK.
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