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The Latest Breaking News from Tim Bannister

Average asking price for UK home drops by £5,000 in November

Analysts say market is still relatively busy despite decline of 1.4%, which is unusually high for this time of year

The Guardian - UK

Average price tag on a home falls by more than £5,000 in November

Rightmove expects to see a ‘stronger year for prices’ in 2025.

Evening Standard

Average house price falls by thousands in November

Across the UK, the typical asking price for a home coming onto the market is £366,592

The Independent UK

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Home buyers could typically save over £40,000 by purchasing a ‘fixer-upper’

Properties in need of renovation work cost £44,634 less on average than homes across Britain generally, Rightmove said.

The Independent UK

Number of homes sold in UK up by a third, says Rightmove

Autumn price bump failed to emerge as buyers spoiled for choice, with properties on market at a 10-year high

The Guardian - UK

‘Buyers’ market’ as property asking prices rise more slowly than usual

Across Britain, the average asking price for a property increased by 0.3% month-on-month, or £1,199 in October, Rightmove said.

The Independent UK

Asking rents ‘hit fresh records but more properties undergoing price reductions’

The average number of inquiries per rental property is now 15, down from 23 last year, Rightmove said.

The Independent UK

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Do you need a 20% deposit, and how important is location, really? Experts give their views on seven property myths

Get clarity on the property-buying process as experts separate fact from fiction

The Guardian - UK

Number of house sales being agreed is 25 per cent higher than a year ago, says Zoopla

Homeowners are looking to move as mortgage rates fall and some second home owners may also be selling up amid concerns over tax changes, Zoopla said.

Evening Standard

Number of house sales being agreed is 25% higher than a year ago, says Zoopla

Homeowners are looking to move as mortgage rates fall and some second home owners may also be selling up amid concerns over tax changes, Zoopla said.

The Independent UK

Why have London asking prices jumped by over £4,500 in September?

Lower mortgage rates are helping to underpin the market, Rightmove said, but buyers are still price sensitive

Evening Standard

Average price tag on a home jumped by nearly £3,000 in September – Rightmove

Lower mortgage rates, an increase in property choice and relatively strong wage growth are helping to underpin the market, Rightmove said.

The Independent UK

How to make selling your home less stressful – as a fifth of people compare it to a divorce or break-up

The pressures of house-selling have been likened to a relationship breakdown or even arranging a funeral.

The Independent UK

Nearly a fifth of homes on the market have previously been rented – Rightmove

Some18% of properties now for sale were previously on the rental market, compared with 8% in 2010, the property website said.

The Independent UK

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Evening Standard

London house prices are down 2% on average — so which borough has seen a 5% per cent drop?

Annual average asking prices are up in the capital, according to the latest Rightmove index

The Independent UK

First-time buyer nil-rate stamp duty threshold should be retained – Rightmove

The nil-rate threshold for first-time buyers is temporarily set at £425,000 and this is due to revert to £300,000 in spring 2025.

The Independent UK

Property expert reveals how to speed up a house sale this summer

Here’s what you need to know

Evening Standard

London rental crisis: rents in the capital break a new record once again

The market remains ‘out of balance and difficult for tenants’ says Rightmove, as charity sounds the alarm over debt

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The Independent UK

Rents hit new records with 17 inquiries per property – Rightmove

The market remains ‘out of balance and difficult for tenants’, the website said.

Evening Standard

Moving at last? Average price tag on homes fell by £1,617 month-on-month in July

The price fall was bigger than usual for July, with the distractions of the General Election, sporting events and holidays, Rightmove said.

Evening Standard

Typical first-time buyer mortgage payment in London is now £2,393 a month

First-time buyers now face paying £227,757 for a home, rising to more than half a million pounds in London, Rightmove said

The Guardian - UK

Mortgage of first-time buyer tops £1,000 a month as house prices and rates rise

Average monthly payment has risen by 61% since 2019, pushing borrowers into smaller homes or ultra-long loans

Evening Standard

London house prices remain flat — but can you guess the borough that's seen a 10% increase?

Rightmove’s index of asking prices reveals the latest trends, as house prices start to rise once more

The Independent UK

Labour pledges to ‘get Britain building again’

The Labour manifesto document said the party ‘will not be afraid to make full use of intervention powers to build the houses we need’.

The Independent UK

Conservatives pledge to support first-time buyers and build 1.6m homes

The manifesto promises to make stamp duty cuts for first-time buyers permanent and deliver 1.6 million homes in England over the next Parliament.

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