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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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Areas in England dominated by pricey holiday homes to get £60m for affordable housing

Community led housing in England it to get a further boost from a new annual £60 million fund which will help almost 150 councils tackle the problem of high levels of second home ownership, it has been announced. Housing Minister Gavin Barwell said that the new Community Housing Fund will put local groups in the […] The post Areas in England dominated by pricey holiday homes to get £60m for affordable housing appeared first on PropertyWire . Continue reading

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Generally UK property market set to see prices stagnate in 2017

The UK property market is set to stagnate over 2017 but there is likely to be considerable regional differences with prices falling in London, according to new research. Significant growth will still be found in the East and West Midlands as well as in Scotland, according to the outlook report from property firm Home.co.uk. The […] The post Generally UK property market set to see prices stagnate in 2017 appeared first on PropertyWire . Continue reading

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