Tag: Stamp Duty

Proportion of sales to landlords drops to a five-year low

The latest Countrywide Lettings Index shows that in the three months after the introduction of the new stamp duty surcharge (Q2 2016), landlord purchases accounted for only 8% of all homes bought, the lowest proportion since 2010 and 5 percentage points … Continue reading

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Posted by: Nicola Severn Categories: Finance, Landlords Advice, Letting, Letting Agents, Property Advice, Renting Tags: , , , Comments Off on Proportion of sales to landlords drops to a five-year low

House price growth weakens whilst Stamp Duty is slashed for ‘98% of people’

House prices rose by 0.4% in November, taking house price growth over the preceding 12 months to 8.2% as consumers continue to display a reluctance to engage in the market.

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Posted by: Leanne Halsey Categories: Economy, House Prices, Industry News, Property Market Tags: , , , , Comments Off on House price growth weakens whilst Stamp Duty is slashed for ‘98% of people’

Act now to take advantage of new stamp duty rules

In his Autumn Statement George Osborne announced some welcome news for homebuyers. Revealing a new graduated approach to stamp duty, Osborne has ensured the British public that 98% of homebuyers will be pay less duty on property purchases from today.

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Posted by: Nicola Severn Categories: Buying, Buying Property, House Prices, Industry News, Uncategorized Tags: , , , , , , 3 Comments

Calls for two-year stamp duty holiday

Labour MP Ed Balls is calling for radical changes in the housing market to make ownership affordable for first time buyers. The shadow chancellor spoke out at the annual Labour Party Conference in Manchester last week with fresh calls for … Continue reading

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Posted by: WarrenWilson Categories: Buying, Buying Property, Estate Agents, Finance, Property Advice Tags: , , 7 Comments

6 Solutions to Boost UK Housing Market

Countrywide, the UK’s largest property services Group, today launched its report on “Addressing Challenges in the UK Housing Market” urging Government to consider six solutions to help boost the ailing housing market:

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Posted by: Nicola Severn Categories: Buying, Estate Agents, House Prices, Property Market, Property News, Selling Tags: , , , , , , , , , , , , Comments Off on 6 Solutions to Boost UK Housing Market

Mortgage lending increases in March

Mortgage lending increased significantly in the run up to the end of the Stamp Duty holiday in March, figures have shown.

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Posted by: WarrenWilson Categories: Finance Tags: , , Comments Off on Mortgage lending increases in March

First timers should take advantage of Stamp Duty breaks now

Since March last year, first time buyers wishing to purchase property worth less than £250,000 have been given a Stamp Duty holiday, but this is soon to change….

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Posted by: Nicola Severn Categories: Buying, Buying Property, For Sale, House Prices, Industry News, Property Advice, Property News Tags: , , , , , , 1 Comment