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Latest property news
House prices fall more severe than expected, says Knight Frank
The agency's head of residential research, Tom Bill, says it has revised its prediction for this year from a 5% fall to 7%, with another drop of 4% in 2024.
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Latest property news
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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Latest property news
AGENT BLOG: The ‘light at the end of the tunnel’ moment has not yet arrived
Knight Frank’s Tom Bill says that while Nationwide reported a -5% fall in house prices average prices in prime central London declined by just 1.4%.
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Latest property news
Bank of England boss casts doubt on future interest rates
Andrew Bailey hinted to MPs this week that the Bank is through with lifting interest rates and stressed inflation was on course for a ‘marked’ decline.
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Housing Market
‘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%.
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Latest property news
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.
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Latest property news
Industry legend leads group jumping ship to expanding agency
Two senior professionals make the switch to the prime London agency from Knight Frank, as three new offices are planned.
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Latest property news
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%.
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Latest property news
Fine & Country tops chart of ‘most recommended’ estate agencies
YouGov data analysed reveals the net recommendation scores for 30 national real estate brands and highlights the winners and losers.
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Housing Market
AGENT BLOG: Mortgage mayhem affecting prime market too
Knight Frank’s Tom Bill says government has created a chaotic lending market over the last 11 months that has unsettled buyers and sellers.
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