Tag Archives: finance-update

Lenders’ organisation in UK wants stamp duty reformed in 2017

Looking ahead to 2017 the Council of Mortgage Lenders believes that stamp duty needs to be reformed as it is one of the biggest barriers to home ownership. The CML, which represents over 90% of home lenders in the UK, says that the property tax paid by buyers, which rises with the price, is preventing […] The post Lenders’ organisation in UK wants stamp duty reformed in 2017 appeared first on PropertyWire . Continue reading

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Areas in England dominated by pricey holiday homes to get £60m for affordable housing

Community led housing in England it to get a further boost from a new annual £60 million fund which will help almost 150 councils tackle the problem of high levels of second home ownership, it has been announced. Housing Minister Gavin Barwell said that the new Community Housing Fund will put local groups in the […] The post Areas in England dominated by pricey holiday homes to get £60m for affordable housing appeared first on PropertyWire . Continue reading

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US real estate prices growing at fastest annual pace since 2006

National prices across the United States increased at their fastest annual pace since 2006, near the peak of the housing bubble, the latest index data shows. Home values are 6.5% higher than in November 2015, according to the Zillow Home Value Index which reached $192,500, just 2% short of the records set in 2007. However, […] The post US real estate prices growing at fastest annual pace since 2006 appeared first on PropertyWire . Continue reading

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