Second Homes

Sales in the UK increased last month but were well below a year ago

Residential property sales in the UK in December increased month on month but are still some way below where they were a year ago, the latest official data shows. Seasonally adjusted sales increased by 0.2% between November and December 2016 but this was 8.5% lower compared than the same month in 2015, according to the […] The post Sales in the UK increased last month but were well below a year ago appeared first on PropertyWire . Continue reading

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Hull led price growth in England and Wales at end of 2016

House prices in England and Wales ended 2016 up 3.1% year on year but some regions saw much higher growth, led by Hull with a 16.2% rise in values, the latest index shows. Overall prices were also up 0.4% in December month on month, taking the average price of a home to £297,678, according to […] The post Hull led price growth in England and Wales at end of 2016 appeared first on PropertyWire . Continue reading

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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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