economy

Failure to address stamp duty in UK housing market is stifling activity, it is claimed

After the hope generated by the Government’s recent housing white paper that it is serious about sorting the crisis hit housing market, it may have delivered counterproductive blow by failing to address the issue of stamp duty. There was hope in the housing industry that Chancellor Philip Hammond would take on board concerns that the […] The post Failure to address stamp duty in UK housing market is stifling activity, it is claimed appeared first on PropertyWire . Continue reading

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Prices in UK residential market continue upward trend, 5.1% above a year ago

House price growth in the UK increased by 0.1% in February and by 1.7% to an average of £219,949, according to the latest index data to be published. Year on year they are 5.1% higher but this annual rate of growth has slowed from 5.7% in the previous month and is now the lowest since […] The post Prices in UK residential market continue upward trend, 5.1% above a year ago appeared first on PropertyWire . Continue reading

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Buying conditions better for second steppers in UK but they don’t think it is

While property market conditions have significantly improved in the UK over the past six years, buyers and sellers face fresh frustrations and lack of confidence in moving to the next step, new research has found. Second Steppers, mostly couples and young families moving on from their first time buyer home, think it will be harder […] The post Buying conditions better for second steppers in UK but they don’t think it is appeared first on PropertyWire . Continue reading

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