Tag Archives: reform
Call for UK stamp duty to be changed in upcoming Budget
Stamp duty is prohibiting first time buyers in the UK and should be altered in the Budget later this month, preferably to make sellers pay the tax rather than buyers, a new report suggests. According to the Yorkshire Building Society report the latest figures show that in 2016 just 26% of first time buyers bought […] The post Call for UK stamp duty to be changed in upcoming Budget appeared first on PropertyWire . Continue reading →
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 →