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Property News

Listing 771 articles over 78 pages

London Property Market Crashes In July

News that the price of the average property in London now stands at £379,162 and sellers are currently willing to knock off up to £20,000 just to finalise a sale has set the alarm bells...

Rightmove Shares Tumble On Rival Fears

News that the National Association of Estate Agents (NAEA) will soon launch its own free website where members can advertise their properties has caused a strong sell-off in Rightmove shares which...

Rental Market Rises, Rics Claims

Homeowners are giving up on trying to sell their properties - and are instead turning them over to the rental market. According to latest figures from the Royal Institution of Chartered Surveyors ...

Government Withdraw Home Sales Data

News that the government has withdrawn data on home sales for the last three years because of inaccuracies has opened a 'can of worms' in investment markets. While the authorities would not...

HBOS Calls It A Day On 53 Estate Agency Branches

News that HBOS has closed down 53 of its Halifax estate agency branches was not totally unexpected but may not be the last of the closures. The move has resulted in 100 job losses with news that...

Persimmon Calls For Government Assistance NOW

Persimmon is the latest house builder to call on the government to intervene in the mortgage market as soon as possible after announcing pre-tax profits which were down two thirds on the same...

Home Information Packs - A Tax On Home Sales?

The National Association of Estate Agents has called on the government to instigate a thorough review of the Home Information Pack (HIPs) system amid claims that it is not fit for purpose. It was...

Government Rate Changes Lead To Property Demolitions

While it did not receive an awful lot of coverage in the financial press it seems as though a move by the government back in April which took away rate relief on empty buildings is leading to a...

Steepest Fall In House Prices For 18 Years

It was reported today that house prices are falling by more than 10% a year - a decline last seen 18 years ago in 1990 during the depths of the last recession. These figures strongly support the...

Buy To Let 'dying', Expert Says

The buy to let sector is dying as house prices fall, Firstrung has suggested. According to the first-time buyer specialists, investors are falling in to negative equity due to the decline of the U...

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