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New home lending falls in Australia as stamp duty costs rise

The number of new home loans being approved in Australia fell slightly in October, down 0.4% month on month and are now 2.4% below a year ago, the latest published data shows. The number is likely to ease back towards the end of 2017 as fewer new homes are being built, according to the Housing […] The post New home lending falls in Australia as stamp duty costs rise appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in 2017, ads, advice, affordability, age, agent, agents, analysis, ASA, Asia, Australasia, Australia, average, ban, barrier, Brexit, build, building, burden, buy, Buy to Let, Buyers, buying, change, changes, commercial, Commercial Property, Company News, construction, cost, costs, data, database, Deposit, Deposits, economist, Edinburgh, England, estate, Estates, Europe, families, family, finance, Finance Update, fines, first time buyer, first time buyers, global, Global News, growth, home, home lending, home owners, homes, house prices, Housing, housing market, Hunters, impact, Index, insurance, interest, invest, Investment, investments, land, Landlords, Leeds Building Society, Legal, lender, lenders, Lending, letting, Lettings, lettings agent, lettings agents, listings, Loans, Location, market, mortgage, mortgages, move, moving, national, new, new home, New Homes, News, ONS, owner, owners, payments, policy, poll, premium, price, priced, prices, products, propert, Property, property market, Property Tax, purchase, qualifications, record, regeneration, rent, rental, rents, research, Residential, retirement, saving, Scotland, search, Shows, Stamp Duty, standard, start, states, strategy, Supply, survey, tax, Taylor Scott International, Transactions, TSI, U, Uk, UK< housing, US, USE, Valuations, value, Wales | Tagged , , , , , , , , | Comments Off on New home lending falls in Australia as stamp duty costs rise

New home building set to slow in Australia after unprecedented growth

New home building in Australia will slow for the next two years but will bottom out at what will still be a historically healthy level of activity, it is suggested. The latest forecast from the Housing Industry Association (HIA) says it expects a measured return to more normal levels of home building activity over the […] The post New home building set to slow in Australia after unprecedented growth appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in 2017, activity, ads, advice, affordability, age, agent, analysis, Apartments, approval, approvals, ASA, Asia, Australasia, Australia, average, ban, build, building, burden, buy, Buy to Let, Buyers, buying, change, commercial, Commercial Property, Company News, construction, cost, costs, coup, data, divide, economic, economy, estate, Europe, existing, families, Fees, finance, Finance Update, first time buyer, first time buyers, fixed rate, forecast, government, growth, home, homes, Housing, housing costs, housing market, Hunters, impact, Index, interest, invest, Investment, investments, land, Landlords, Leeds Building Society, Legal, letting, Lettings, Location, market, mortgage, mortgages, move, moving, national, national park, new, new build, new home, New Homes, News, North America, ONS, Outlook, payments, policy, price, prices, products, Property, purchase, qualifications, record, reform, renovation, renovations, rent, rental, rental industry, renters, rents, research, Residential, sales, Scotland, search, slowdown, Stamp Duty, standard, start, states, Supply, tax, Taylor Scott International, Transactions, TSI, U, Uk, UK< housing, UK< rent, US, USE, value, Wales, white paper | Tagged , , , , , , , , , | Comments Off on New home building set to slow in Australia after unprecedented growth

UK property industry disappointed over lack of stamp duty reform

There is disappointment in the UK property industry that Chancellor Philip Hammond did not take on board calls for a change to stamp duty, the tax paid when a property is bought. In the run up to the autumn statement there had been hope that he might reverse the 3% additional stamp duty imposed earlier […] The post UK property industry disappointed over lack of stamp duty reform appeared first on PropertyWire . Continue reading

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