Tag Archives: finance-update
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 →
Residential property sales up 1% in October, but still down year on year
The number of residential property sales in the UK increased by 1% between September and October compared to a 4.3% drop the previous month, the latest official data shows. However, the figures from HMRC also show that the latest seasonally adjusted figure is 8% lower compared with the same month last year. Overall for October […] The post Residential property sales up 1% in October, but still down year on year appeared first on PropertyWire . Continue reading →
UK house price sentiment stable after Brexit vote low
Households across the UK are more optimistic about property prices than they were just after the country voted to leave the European Union, the latest sentiment index shows. The House Price Sentiment Index (HPSI) from Knight Frank and IHS Markit has been above 50 for four months in a row following a low recorded in […] The post UK house price sentiment stable after Brexit vote low appeared first on PropertyWire . Continue reading →