WEEKLY NEWS ROUNDUP – 15/07/2022

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   New property legislation kicked into the long grass Thirty-One Percent of Property Sales Falling Through Before Completion as Lenders Get Tougher Homesearch announce new partnership with Propertymark RICS: Demand and sales continue to cool although pricing trends remain relatively firm…

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Drop in interest from new buyers in October according to RICS

Latest RICS UK Residential Market Survey – October 2018 headlines ‘Prices, demand and supply all in decline as Brexit uncertainty persists’. In October, the fall in interest from new buyers has led to a more negative trend in house prices, according to the latest RICS UK Residential Market Survey. The report states: In October, the fall…

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House prices remain flat nationally according to latest RICS UK residential market survey report.

Latest RICS UK Residential Market Survey – September 2018 headlines ‘Weak sales outlook causing new homebuyers cold feet.’ The report reveals that demand from new buyers nationally has weakened slightly for the second successive month, making the forward-looking sales indicators also turn a little more pessimistic. Prices remain flat nationally with regional variations still very…

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Government should end stamp duty on certain properties according to RICS

New figures show that nearly half of respondents to the RICS Residential Market Survey suggest using tax incentives to encourage downsizing, while making changes to Stamp Duty and Council Tax would help thousands more young people realise their dream of owning their own home. A housing tax overhaul including ending stamp duty on certain properties…

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Sales trends are stabilising across London according to RICS

RICS Residential Market Survey report – August 2018 published 13th September 2018 headlines ‘Solid housing market in Scotland and Northern Ireland’. The RICS report reveals that regionally, after a sharp fall in activity at the end of last year, current sales trends are stabilising in London. Momentum is still slipping across East Anglia and the…

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UK housing sales remain subdued according to RICS

Latest RICS UK Residential Market Survey published 12th July 2018  headlined ‘UK housing sales remain subdued as rent expectations continue to heat up’. The RICS survey reveals that: significantly, over the month, newly agreed sales have recorded the sixteenth successive month of continued decline, with 7% more respondents reporting a fall in agreed sales. The…

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Salaries for UK property professionals increased to a 10 year high in 2018

The Royal Institute of Chartered Surveyors (RICS) and Macdonald & Company revealed in their latest salary survey report, that salaries for UK property professionals increased in 2018, to a 10 year high, with RICS chartered status continuing to boost wages. Salaries for London’s property professionals have hit their highest level since the financial crash. The…

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Fewer homes put on market in February according to RICS

RICS UK Residential Market Survey – February 2018 released today headlines   ‘Further fall in housing stock as demnd also falls for the eleventh month’ The survey reveals the indicators for future activity in the UK housing market remain subdued. New buyer enquiries fall for the eleventh consecutive month as average stocks on estate agents’ books…

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Marked differences in trends across the country according to RICS

Released today the RICS UK Residential Market Survey – November 2017 headlines ‘Activity remains subdued in UK housing market, with little improvement anticipated.’ The report reveals that: Respondents to the November 2017 UK Residential Market Survey suggest activity will continue to be impacted by the continued shortage of new instructions, alongside general economic uncertainty. Simon…

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