Stamp Duty
Remortgages increased share of home lending market in UK last year
There was a definite shift in borrowing type in the UK housing market last year with remortgage business increasing in each quarter, new data shows. There was a 7% rise in remortgage borrowing with this sector accounting for 39% of all mortgages handled, according to the latest financial advisors confidence tracking index report from Paragon […] The post Remortgages increased share of home lending market in UK last year appeared first on PropertyWire . Continue reading →
Promising outlook for sales and lettings in prime central London market
The outlook is more promising for sales and lettings in the prime central London property markets with stamp duty impact now largely absorbed, according to the latest analysis. Both markets saw declines in 2016 but with price adjustments from stamp duty changes now largely taken up, prices are expected to remain steady while activity increases […] The post Promising outlook for sales and lettings in prime central London market appeared first on PropertyWire . Continue reading →
Prices in UK residential market continue upward trend, 5.1% above a year ago
House price growth in the UK increased by 0.1% in February and by 1.7% to an average of £219,949, according to the latest index data to be published. Year on year they are 5.1% higher but this annual rate of growth has slowed from 5.7% in the previous month and is now the lowest since […] The post Prices in UK residential market continue upward trend, 5.1% above a year ago appeared first on PropertyWire . Continue reading →