Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
Punitive! Property sector reacts to BTL Stamp Duty hike
In the Budget, Chancellor Rachel Reeves raised the Stamp Duty rate on investment properties from 3% to 5% from today, but few support it within the industry.
Read More » -
Chancellor says Stamp Duty hike on buy-to-let ‘justified’
Chancellor Rachel Reeves increases Stamp Duty on investment property from 3% to 5% from tomorrow in the Budget.
Read More » -
Stamp Duty increase will hit downsizers, estate agency claims
Property owners looking to downsize their homes will end up paying more Stamp Duty when rates change in April.
Read More » -
Foxtons reports more bumper sales results in Q3
Foxtons CEO Guy Gittins says the company has achieved a thrd consecutive quarter of growth, with overall revenue up 8% to £47 million.
Read More » -
LAST CHANCE: Tomorrow ‘final day’ to list a property to sell by Xmas
The HomeOwners Alliance says Wednesday is the last day to put a home on the market to have enough time to sell by the festive season.
Read More » -
Home movers ‘waiting for Budget’ before committing
Although the number of properties being listed is on the rise the number of sales is lagging considerably behind according to the latest Landmark report.
Read More » -
Rich investors back Capital Gains Tax rise for landlords
Think tank the IPPR says making Capital Gains Tax equal with income tax is supported by millionaire investors and would not hurt the property market.
Read More » -
PIX: Estate agencies share fee after selling £11m Diana home
The sale of the Spencer family's Mayfair home was managed by joint sole agents Wetherell and Chestertons and went under offer in less than a week.
Read More » -
Property industry presses Labour to adopt UPRNs after ‘patchy’ take-up
A coalition of housing organisations has written to Housing Minister Matthew Pennycook arguing UPRNs are essential to a more efficient property market.
Read More » -
Big house builder says uncertainty about Budget is hurting market
The varied messages about the looming Autumn Budget are damaging buyer confidence and hurting sales says FTSE 250 developer Bellway.
Read More »