North America

UK property market ends 2016 on a positive note despite Brexit

Annual house price growth in the UK ended 2016 at 4.5%, the same as in 2015, but in London it was below the national average for the first time in eight years. The latest index data from lender the Nationwide also shows that month on month prices increased by 0.8% taking the price of an […] The post UK property market ends 2016 on a positive note despite Brexit 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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Buyers and sellers can take action against invasive plant that can scupper home sales

The most aggressive plant known in the UK can cause major issues for people buying and selling houses with some lenders withdrawing mortgage offers. Japanese knotweed can be dealt with however with one family telling how an invasion of the plant almost cost them their dream home. The Wheeler family were about to exchange contracts […] The post Buyers and sellers can take action against invasive plant that can scupper home sales appeared first on PropertyWire . Continue reading

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