uncertainty
Solid UK housing market to see prices continue steady year on year rises
A new forecast from the Office for Budget Responsibility (OBR) suggests that while property price growth in the UK is set to slow, values will continue steadily upwards year on year. Compared to the last guidance issued in March the OBR has made a number of revisions to its forecasts, noting that both house price […] The post Solid UK housing market to see prices continue steady year on year rises appeared first on PropertyWire . Continue reading →
UK property industry disappointed over lack of stamp duty reform
There is disappointment in the UK property industry that Chancellor Philip Hammond did not take on board calls for a change to stamp duty, the tax paid when a property is bought. In the run up to the autumn statement there had been hope that he might reverse the 3% additional stamp duty imposed earlier […] The post UK property industry disappointed over lack of stamp duty reform appeared first on PropertyWire . Continue reading →
Autumn Statement: Billions announced to boost new home building by UK Chancellor
The UK Government has announced billions of pounds of new funding to boost the building of new homes and will encourage a wider spread of home types to buy and rent. Delivering his autumn statement, Chancellor Philip Hammond announced a £2.3 billion housing infrastructure plan to support the construction of 100,000 new homes in areas […] The post Autumn Statement: Billions announced to boost new home building by UK Chancellor appeared first on PropertyWire . Continue reading →