Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Buyer wobble in London amid mortgage chaos, says leading agency
Chestertons says there was a 3% drop in new buyers in July as people wait for mortgage rates to decrease.
Read More » -
Failed! Rents rocket despite ‘cap’ in Scotland, new figures show
Data from portal Citylets reveals a 10% rental increase for the third successive quarter.
Read More » -
‘Bank of England will hike rates despite falling inflation’
The fall was driven by a reduction in the energy price cap and food prices but services inflation which the bank monitors rose to 7.4% from 7.2%.
Read More » -
Watchdog tells property firm not to repeat misleading claims
The Advertising Standards Authority rules that company's adverts for holiday development were misleading.
Read More » -
Former lettings boss leads controversial ‘housing crisis’ campaign
Polly Lamb, who is now a town councillor, is behind a move to tackle rocketing rents in Frome, Somerset.
Read More » -
Bristol suburb is nation’s strongest sellers’ market says Rightmove
In England and Wales a typical estate agent currently has 27 properties for sale on their books, up from 15 last year but lower than the 31 in 2019.
Read More » -
Estate agency warns over ‘profit crunch’ for landlords
Property investors who sell now are doing worse than those who took the plunge last year, Hamptons research shows.
Read More » -
AGENT BLOG: This week’s inflation data will be vital for agents
Tom Bill says anyone buying or selling should watch Wednesday's inflation data closely as it will provide a good steer on the direction of interest rates.
Read More » -
It’s not looking good! Property downturn to carry on say gloomy surveyors
The RICS survey shows that last month new buyer enquiries were down 45% and agreed sales 44%.
Read More » -
Jeremy Prior: Record auction sales prove canny buyers are still out there
Between January and July Auction House sold 2,644 properties – more than ever before at this stage in the year – with money raised so far up over £25m from last year.
Read More »
