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Higher stamp duty behind sharp decline in prime property sales in central London

The prime central London residential property market has experienced a sharp decline in sales volumes since the middle of 2014 mainly due to higher stamp duty rates, a new report confirms. However, while sales have been weaker, a combination of lower asking prices and a weaker pound has begun to push demand indicators higher in […] The post Higher stamp duty behind sharp decline in prime property sales in central London appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in Abu Dhabi, activity, ads, advice, age, agent, agents, ASA, Asking Prices, Brexit, build, building, buy, Buy to Let, Buyers, buying, Central London, change, Cities, Company News, currency, data, Demand, Downsize, estate agent, estate agents, Europe, finance, Finance Update, first time buyer, first time buyers, fixed rate, fund, future, growth, home, homes, houses, Housing, housing market, impact, Index, invest, Investment, investments, Leasehold, Leeds Building Society, lender, lenders, letting, Lettings, lettings market, Location, London, Manchester, market, markets, Middle East, million pound, money, mortgage, mortgages, negotiations, new, News, North America, office, Offices, ONS, payments, policy, poll, price, prices, prime, prime central London, Prime Property, products, Property, property market, property markets, property prices, Property Sales, Property Tax, purchase, Real Estate, recovery, referendum, regional, rent, rental, research, Residential, sales, search, sell, sellin, selling, sentiment, Shows, slowdown, Stamp Duty, standard, Super Prime, tax, Taylor Scott International, Transactions, TSI, U, Uk, uncertainty, US, USE, value, viewings, women | Tagged , , , , , , , , | Comments Off on Higher stamp duty behind sharp decline in prime property sales in central London

Majority of estate agents in the UK not affected by Brexit, new poll shows

Nearly two thirds of estate agents in the UK remain undeterred and unaffected by Brexit as they have not seen activity drop as a result of the referendum vote, a new survey shows. Overall some 64% of estate agents polled by cloud based estate agency software provider Dezrez said they had not developed a Brexit […] The post Majority of estate agents in the UK not affected by Brexit, new poll shows appeared first on PropertyWire . Continue reading

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UK property prices still rising, up 1.4% in October, despite Brexit uncertainty

Residential property prices in the UK continued to grow in October, up 1.4% and are now 5.2% up year on year, taking the average cost of a home to £217,411, the latest lender index data shows. On a quarterly basis they were up just 0.1% but experts point out that this reflects a slowdown caused […] The post UK property prices still rising, up 1.4% in October, despite Brexit uncertainty appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in activity, ads, advice, affordability, age, agent, agents, approval, approvals, ASA, Asia, Australasia, Australia, average, bank, banks, Brexit, build, building, buy, Buy to Let, Buyers, buying, capital, change, changes, Cities, Company News, confidence, cost, data, Demand, Development, economic, Equity, Equity Release, Europe, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, for sale, fund, government, growth, halifax, high court, home, home hunts, home owners, homes, house prices, houses, Housing, housing market, impact, Index, international, invest, Investment, investments, Leasehold, Leeds Building Society, lender, letting, Lettings, lettings market, listings, Location, London, luxury property, Manchester, market, mortgage, mortgages, national, new, News, North America, office, ONS, owners, policy, pressure, price, prices, prime, products, Property, property market, property prices, purchase, quarterly, Real Estate, record, recovery, referendum, rent, research, Residential, sales, search, sell, sellin, selling, sentiment, Shows, Spain, Stamp Duty, standard, statistics, Supply, targets, Taylor Scott International, Towns, Transactions, TSI, U, Uk, UK home, uncertainty, US, USE, value, women | Tagged , , , , , , , | Comments Off on UK property prices still rising, up 1.4% in October, despite Brexit uncertainty