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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 →
More lettings stock, Brexit and stamp duty have had an impact on London rental market
An increase in residential lettings stock in London due to Brexit and stamp duty is having a downward pressure on rents, according to the latest analysis report. A return to rental growth, last seen in March 2016, is unlikely as tenants have adjusted to the current lower levels and more choice means they can afford […] The post More lettings stock, Brexit and stamp duty have had an impact on London rental market appeared first on PropertyWire . Continue reading →
Demand from buyers in the UK means 11 chasing each property on estate agent books
A surge in demand from home buyers in the UK means that there are now 11 buyers chasing every property for sale through estate agents, new research shows. Despite the current low levels of supply being offered through estate agents, the number of prospective buyers is still rising, according to the latest data from national […] The post Demand from buyers in the UK means 11 chasing each property on estate agent books appeared first on PropertyWire . Continue reading →