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Survey suggests stamp duty is significant barrier for first time buyers
Would be first time buyers believe that not having to pay stamp duty would make buying a home more affordable as the property tax is a significant barrier to doing so, a new poll shows. Some 60% of those looking to get on the housing ladder in the UK said paying no stamp duty would […] The post Survey suggests stamp duty is significant barrier for first time buyers appeared first on PropertyWire . Continue reading →
House building land in UK affected by developers post Brexit sentiment
Greenfield development land prices fell by 0.4% in the third quarter of 2016, meaning they have fallen by 2.6% between April and the end of September and by 3.9% over 12 months. The index data from real estate firm Knight Frank also shows that in prime central London land prices are down by 10.3% on […] The post House building land in UK affected by developers post Brexit sentiment appeared first on PropertyWire . Continue reading →
Hard hitting report says UK conveyancing system is not fit for purpose
The creation of a secure online portal for all communications needed during the home buying process in the UK would mean greater certainty far earlier in the moving process, it is claimed. Such a move would be welcomed across the industry and by consumers as it would protect the conveyancer, estate agents, mortgage advisors, lenders […] The post Hard hitting report says UK conveyancing system is not fit for purpose appeared first on PropertyWire . Continue reading →