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Call for stamp duty change in UK to boost residential property market

It is almost certain that the UK Chancellor Philip Hammond will address issues in the property market in his autumn statement later this week with stamp duty and landlord tax being flagged as needing reform by the real estate industry. The latest plea for change comes from estate agents Stirling Ackroyd. Head of residential development […] The post Call for stamp duty change in UK to boost residential property market appeared first on PropertyWire . Continue reading

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Tighter lending and high prices slows Auckland property market

A combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow activity in Auckland housing market, the latest overview report suggests. In September new listings were down and sales numbers and prices were restrained and so far the normal spring lift has not materialised, says the report from […] The post Tighter lending and high prices slows Auckland property market appeared first on PropertyWire . Continue reading

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House building land in UK affected by developers post Brexit sentiment

Greenfield development land prices fell by 0.4% in the third quarter of 2016, meaning they have fallen by 2.6% between April and the end of September and by 3.9% over 12 months. The index data from real estate firm Knight Frank also shows that in prime central London land prices are down by 10.3% on […] The post House building land in UK affected by developers post Brexit sentiment appeared first on PropertyWire . Continue reading

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