Property Tax
UK house prices set to grow 2% in 2017, half what was predicted before Brexit vote
House prices in the UK are set to rise by 2% in 2017 as growth is held back by uncertainty around Britain’s decision to leave the European Union, according to a poll of housing analysts. However, prices in London are set to see a small decline of 0.5% before recovering in 2018, says the results […] The post UK house prices set to grow 2% in 2017, half what was predicted before Brexit vote appeared first on PropertyWire . Continue reading →
Solid UK housing market to see prices continue steady year on year rises
A new forecast from the Office for Budget Responsibility (OBR) suggests that while property price growth in the UK is set to slow, values will continue steadily upwards year on year. Compared to the last guidance issued in March the OBR has made a number of revisions to its forecasts, noting that both house price […] The post Solid UK housing market to see prices continue steady year on year rises appeared first on PropertyWire . Continue reading →
UK property industry disappointed over lack of stamp duty reform
There is disappointment in the UK property industry that Chancellor Philip Hammond did not take on board calls for a change to stamp duty, the tax paid when a property is bought. In the run up to the autumn statement there had been hope that he might reverse the 3% additional stamp duty imposed earlier […] The post UK property industry disappointed over lack of stamp duty reform appeared first on PropertyWire . Continue reading →