Deposits

Lender calls for significant change in property tax in the UK

Stamp duty in the UK residential market remains a significant obstacle for house buyers to address and should be reformed, according to one of the country’s leading lenders. The Yorkshire Building Society is urging the Government to reform the property tax so that it is paid by sellers rather than buyers as this would help […] The post Lender calls for significant change in property tax in the UK appeared first on PropertyWire . Continue reading

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New tenancy scheme to launch in London to help renters save home deposit

The first details of plans for a London Living Rent, a new type of tenancy for newly built affordable homes have been confirmed by Mayor Sadiq Khan. He said that the programme will help average earners in London save for a deposit by offering them a below market rent based on a third of average […] The post New tenancy scheme to launch in London to help renters save home deposit appeared first on PropertyWire . Continue reading

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Asking prices in UK up again after two months of decline, latest index shows

Asking prices in the UK increased by 0.7% or £2,277 in September after falling 2% in the previous two months, according to the latest index figures to be published. This took the average asking price to £306,499 and up 4% year on year, the data from Rightmove shows. But in London prices increased by 1.9% […] The post Asking prices in UK up again after two months of decline, latest index shows appeared first on PropertyWire . Continue reading

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