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Lenders’ organisation in UK wants stamp duty reformed in 2017

Looking ahead to 2017 the Council of Mortgage Lenders believes that stamp duty needs to be reformed as it is one of the biggest barriers to home ownership. The CML, which represents over 90% of home lenders in the UK, says that the property tax paid by buyers, which rises with the price, is preventing […] The post Lenders’ organisation in UK wants stamp duty reformed in 2017 appeared first on PropertyWire . Continue reading

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Property market demand set to fall in UK in 2017 and prices rise by up to 4%

Demand for home in the UK is set to fall in 2017 but an ongoing shortage of supply will mean prices continue to rise, according to new research. With not enough new homes being built and historic low interest rates the supply and demand gap will go on although slower economic growth and affordability constraints […] The post Property market demand set to fall in UK in 2017 and prices rise by up to 4% appeared first on PropertyWire . Continue reading

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Generally UK property market set to see prices stagnate in 2017

The UK property market is set to stagnate over 2017 but there is likely to be considerable regional differences with prices falling in London, according to new research. Significant growth will still be found in the East and West Midlands as well as in Scotland, according to the outlook report from property firm Home.co.uk. The […] The post Generally UK property market set to see prices stagnate in 2017 appeared first on PropertyWire . Continue reading

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