Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Cash is king as number of house sales slide, says Zoopla
The number of mortgaged sales is projected to be almost a third lower as higher mortgage rates dent buyer confidence and affordability.
Read More » -
Land Registry delays ‘preventing some sales from being completed’
Organisation has defended its speed of processing preformance despite own data and many industry commentators saying too many property sales are being delayed.
Read More » -
Solar panels and EV charging top house hunters’ must haves
Nearly two thirds of those surveyed said they would want solar panels to be fitted as standard to a new home while four in 10 want EV charging points.
Read More » -
First time buyers find a surprising new source of financial support
Sibling support for first-time buyers has doubled in six years and now accounts for a record 11% of deposits although parental support is still 72%.
Read More » -
Land Registry boss talks candidly about speeding up property sales
Each episode sees HM Land Registry’s Deputy Chief Executive talk to industry leaders across the property sector about speeding up homebuying.
Read More » -
Spicerhaart group chief steps down after decades in charge
Paul Smith, who founded and grew the company over more than 30 years from three to 200 branches, is to become Chairman.
Read More » -
Rental property crisis in London ‘easing’ claims big agency
The agency's COO, Richard Davies, says they saw a 39% increase in rental properties in the Capital last month, coupled with a fall in new tenants.
Read More » -
Agent says tenants getting ‘older and older’ as rental market tightens
Luke Gidney, MD of agent HOP, says most tenants expect to buy in their 30s, with four out of 10 believing that they will be aged between 32 and 39 when they take the plunge.
Read More » -
Property sales fall-throughs back at pre-pandemic levels says industry firm
The volume of ‘fall-throughs’ has reduced by more than 6% since March this year and is almost aligned with the pre-pandemic level seen in July 2019.
Read More » -
Biggest asking prices fall since 2018 as ‘sellers listen to agents’
Average new seller asking prices have fallen by 1.9% to £364,895 as summer sellers tempt buyers preoccupied by inflation and interest rates.
Read More »
