Sellers
Prime country property prices in UK fell marginally in final quarter of 2016
Prime country property values in the UK fell by 0.4% between October and December, the third consecutive quarter in which prices have fallen, the latest data shows. The property tax stamp duty continues to be the biggest drag on the top end of the prime country regional market with higher purchase costs contributing to the […] The post Prime country property prices in UK fell marginally in final quarter of 2016 appeared first on PropertyWire . Continue reading →
Higher borrowing hits US property market with sales down in November
Pending home sales in the United States dipped in November to their lowest level in nearly a year with buyers put off by higher mortgage rates and not enough inventory, the latest analysis suggests. Only the Northeast saw monthly and annual sales gains last month with the pending home sales index from the National Association […] The post Higher borrowing hits US property market with sales down in November appeared first on PropertyWire . Continue reading →
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 →