official figures
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 →
UK house prices continue upwards, but sales dipped considerably in the summer
Average house prices in the UK increased by 0.1% month on month in October with the market continuing to see strong growth seen since the end of 2013, the latest official figures show. The data from the Office of National Statistics (ONS) also show that prices are up 6.9% year on year, taking the average […] The post UK house prices continue upwards, but sales dipped considerably in the summer appeared first on PropertyWire . Continue reading →
Slow start to UK housing market expected in 2017 due to lack of supply
Sales activity in the UK residential property market is increasing but a slow start to 2017 is expected due to a lack of stock, according to the latest index report. Interest from new buyers increased marginally in November 2016 for the third consecutive month but the figure remains historically low with 13% more surveyors reporting […] The post Slow start to UK housing market expected in 2017 due to lack of supply appeared first on PropertyWire . Continue reading →