UKPropertyNews

Latest UK Home Sales Market Trends

Latest UK Home Sales Market Trends

Market Overview The UK housing market continues to rebalance as elevated stock levels coincide with softer buyer demand. While more properties are available for sale, reduced demand is translating into fewer agreed sales, longer transaction times and a greater proportion of listings requiring price reductions. Despite increasingly cautious house price forecasts, underlying affordability has improved

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UK Government Looking to Overhaul the Property Industry for More Consistent Sales

UK Government Looking to Overhaul the Property Industry for More Consistent Sales

Government plans to make certain qualifications and information mandatory for estate agents Estate agents look set to face significant new obligations under government proposals designed to speed up property transactions and reduce the number of sales that collapse before completion. The reforms would require agents and sellers to provide key information about a property at

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Government Reforms Could Stop Landlords and Agents on Holding Tenant Deposits

Government Reforms Could Stop Landlords and Agents on Holding Tenant Deposits

Letting agents and landlords will no longer be permitted to hold tenants’ deposits in their own bank accounts under further reforms planned by the government as part of its overhaul of the private rented sector Housing minister Matthew Pennycook has confirmed plans to abolish insured tenancy deposit schemes, which currently allow landlords and agents to

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