It has been reported that OnTheMarket (OTM) has been bought for £100m by £33 billion global property data group CoStar. Sky News says the portal, which is due to publish its results today, will also reveal that the portal’s board has approved the sale, persuaded by a bid ‘substantially’ over its current 70p share price. The sale comes after OTM ha...
A council leader is calling for more low-cost housing to be built to ease the pressure on first-time buyers. Houses in the Cotswolds have an average price of £411,000 - 14 times the local average annual salary. An increase in buyers from London is keeping prices high, one estate agent said. Councillor Joe Harris said: "I'm sick of friends my age - I'...
Prime Minister Rishi Sunak has promised more time for households to make the transition to heat pumps under plans to decarbonise the country’s homes. The Neg reported yesterday that a delay to the ban on gas boilers was being considered by the Government. The target was for no gas boilers to be installed in new homes by 2025, and for the phasing out of boilers altog...
House prices stable after price falls in last two months The Halifax HPI says prices were static in January as the market stabilises after successive drops. House prices stabilised in January after price falls in the previous two months, the latest Halifax HPI reveals. The monthly change last month was 0% compared to drops of 1.3% in December and 2.4% in November....