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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

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Property costs in London now more competitive on global stage due to Brexit

Property in London is now more competitive on the world stage as Brexit has pushed it down the global real estate rankings, new research shows. This time last year London was the most expensive world class city for international businesses to rent office and living space for their employees, but the devaluation of sterling means […] The post Property costs in London now more competitive on global stage due to Brexit appeared first on PropertyWire . Continue reading

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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

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