Nathan Emerson
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Housing Market
REACTION: Bank of England hikes interest rate for eleventh time in a row
With this week’s rise in inflation combined with a move by the US Federal Reserve to go ahead with a 0.25% rise, the BoE had few choices.
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Regulation & Law
UPDATE: Government delays publication of How to Rent Guide
A revised version of the renting checklist – which must be issued by both letting agents and landlords to new tenants or those renewing – was due to be published on Friday morning.
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Latest property news
Updated How to Rent Guide published today
The new version is expected to include small revisions on Smoke and Carbon Monoxide Alarm Regulations and changes to the Right to Rent Civil Penalty Scheme for landlords and agents.
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Latest property news
‘Landlord bashing is beginning to affect supply in the rental market’
Trio of senior property industry interviewed by Phil Spencer agree negative politicians, HMRC and campaigner actions against landlords are taking their toll.
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Housing Market
Letting agency boost as Government issues Right to Rent warning
Landlords who don’t use a letting agent are the least likely to fully understand their legal responsibilities when onboarding new tenants via the Right to Rent scheme, research from the Home Office has revealed.
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Housing Market
REACTION: Bank of England raises rates to 14-year high
The Bank of England today raised interest rates to 4% - a 14-year high and the 10th consecutive raise - making rates their highest since 2008 as double digit inflation continues to bite.
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Housing Market
Estate agents worried vendors ‘unrealistic’ about price
70% of agents say sellers are being unrealistic about achievable pricing for their properties and are overvaluing, reports Propertymark.
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Housing Market
Frothy sales market ‘over’ but lettings boom continues says chief
More people than ever are looking to live in the private rented sector as would-be buyers try to wait out the cost-of-living crisis and see how the current economic turmoil turns out.
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Housing Market
Halifax: House prices fall again as market retracts
House prices in the UK fell by 1.5% in December – the fourth consecutive drop but pulling back from November’s 2.3% decline, latest figures from the Halifax reveal.
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Latest property news
Property chief blames instructions slump on mortgage rate rises
Propertymark's Nathan Emerson makes comments following last night's critical Panorama TV investigation into housing market.
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