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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 →
Edinburgh saw steady growth in its prime property market in 2016
Despite another year of political uncertainty and changes to policy, the prime market in Edinburgh has once again proved relatively buoyant with prices up by 0.5% between October and December. Annual growth in the city market was 2.6% in 2016, the latest data from the fourth quarter index from real estate firm Knight Frank also […] The post Edinburgh saw steady growth in its prime property market in 2016 appeared first on PropertyWire . Continue reading →
House price growth in Scotland outperforming the rest of Britain
House prices in Scotland are growing faster than in England and Wales and in October increased at their strongest rate since March 2015, the latest index data shows. Prices increased by 1.5% month on month, taking the price of an average property to £172,561 and are now 2.9% higher than a year ago, according to […] The post House price growth in Scotland outperforming the rest of Britain appeared first on PropertyWire . Continue reading →