Stamp Duty
Asking price growth rockets ahead in the Midlands of the UK
Average asking property prices in England and Wales increased by 1.3% or £3,877 this month, the same rise as a year ago when there was a rush to beat the introduction of extra stamp duty on additional homes. The data from Rightmove for March 2017 is a sign that the housing market is resilient in […] The post Asking price growth rockets ahead in the Midlands of the UK appeared first on PropertyWire . Continue reading →
Tax change is biggest issue for UK buy to let landlords
Tax change is the biggest issue for buy to let landlords in the UK with many having concerns about how they will manage their business with the changes to mortgage relief finance. But they should not worry about it, instead taking it as part of the cost of running a business, the Property Wire panel […] The post Tax change is biggest issue for UK buy to let landlords appeared first on PropertyWire . Continue reading →
Home buyers in England and Wales pay 7.6 times earnings for a home
On average people paid around 7.6 times their annual earnings on buying a home in England and Wales in 2016, up from 3.6 times earnings in 1997, the latest data shows. The median price paid for residential property in England and Wales increased by 259% between 1997 and 2016 while median individual annual earnings increased […] The post Home buyers in England and Wales pay 7.6 times earnings for a home appeared first on PropertyWire . Continue reading →