payments

Higher stamp duty behind sharp decline in prime property sales in central London

The prime central London residential property market has experienced a sharp decline in sales volumes since the middle of 2014 mainly due to higher stamp duty rates, a new report confirms. However, while sales have been weaker, a combination of lower asking prices and a weaker pound has begun to push demand indicators higher in […] The post Higher stamp duty behind sharp decline in prime property sales in central London appeared first on PropertyWire . Continue reading →

Posted on November 8, 2016 by tsiadmin | Posted in Abu Dhabi, activity, ads, advice, age, agent, agents, ASA, Asking Prices, Brexit, build, building, buy, Buy to Let, Buyers, buying, Central London, change, Cities, Company News, currency, data, Demand, Downsize, estate agent, estate agents, Europe, finance, Finance Update, first time buyer, first time buyers, fixed rate, fund, future, growth, home, homes, houses, Housing, housing market, impact, Index, invest, Investment, investments, Leasehold, Leeds Building Society, lender, lenders, letting, Lettings, lettings market, Location, London, Manchester, market, markets, Middle East, million pound, money, mortgage, mortgages, negotiations, new, News, North America, office, Offices, ONS, payments, policy, poll, price, prices, prime, prime central London, Prime Property, products, Property, property market, property markets, property prices, Property Sales, Property Tax, purchase, Real Estate, recovery, referendum, regional, rent, rental, research, Residential, sales, search, sell, sellin, selling, sentiment, Shows, slowdown, Stamp Duty, standard, Super Prime, tax, Taylor Scott International, Transactions, TSI, U, Uk, uncertainty, US, USE, value, viewings, women | Tagged , , , , , , , , | Comments Off on Higher stamp duty behind sharp decline in prime property sales in central London

Home lenders urged to take rental payments into account

Home lenders in the UK should recognise rental payments when making lending decisions, as new research unveils that rental rates are rising rapidly when typical monthly mortgage payments for first time buyers are falling. In the UK private tenants paid more for their accommodation in 57% of districts during the third quarter of this year, […] The post Home lenders urged to take rental payments into account appeared first on PropertyWire . Continue reading →

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