Tag Archives: property-market
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 →
Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →
Survey suggests stamp duty is significant barrier for first time buyers
Would be first time buyers believe that not having to pay stamp duty would make buying a home more affordable as the property tax is a significant barrier to doing so, a new poll shows. Some 60% of those looking to get on the housing ladder in the UK said paying no stamp duty would […] The post Survey suggests stamp duty is significant barrier for first time buyers appeared first on PropertyWire . Continue reading →