Stamp Duty Holiday Creates a Surge From Overseas Investors The Stamp Duty Holiday has created a mortgage surge from overseas investors, seeking to save thousands of pounds from this tax break. The mortgage holiday is in effect a tax break raising the amount at which tax is charged from £125,000 to £500,000. Mortgage searches by [...]
Stamp Duty Holiday The Chancellor of the Exchequer Rishi Sunak, presented his ‘mini budget’ or summer statement yesterday in an effort to stimulate the economy post-Covid-19 Lockdown, included in the statement is a Stamp Duty Holiday, which could save you thousands! This new tax break announced today by Chancellor Rishi Sunak, raises the amount at which tax [...]
UK Housing Boom Leads to £2,500 jump in asking prices UK's Housing Boom leads to a jump in the average asking price of £2,500. Asking prices jumping by more than £2,500 over the past month alone according to Rightmove. Therefore indicative that Britain’s property market is entering a new cycle of growth. The average asking [...]
Is UK Property Still A Foundation For A Balanced Portfolio? Much has been reported about Brexit and how stable is the property market? Many were predicting property prices to plunge. In fact, the opposite has happened. What is happening with Brexit? Theresa May has tried and failed 3 times to pass the Withdrawal Agreement through [...]
UK House Prices Defy Brexit, New Figures from Halifax House Price Index The latest figures from Halifax make for positive reading, UK House Prices Defy Brexit; +5.0% Annual change +4.2% Quarterly change +1.1% Monthly change £236,619 Average price On a monthly basis, house prices rose by 1.1%, versus a fall of 1.3% March. House prices in [...]
Should you Invest in a House or a Flat? To invest in a house or a flat? Is difficult a question many investors are faced with. Now new research shows that flats have risen more in the last 5 years than houses. In fact, every month the average flats value increased by an average of £1,250, [...]
Overseas Investors Driving Up UK Property Prices A new study suggests that Overseas Investors Driving Up UK Property Prices; as property prices in the UK have increased far more than typical inflation. The UK has always been an attractive place to invest for foreign buyers; a secure legal system, no barriers to entry and a [...]
House Prices Will Continue to Outpace Wage growth. The UK housing market is still expected to grow by around 3.5% per year over the next five years. Therefore, house prices will continue to outpace wage growth, despite signs that the market has become more subdued recently. In an "ominous signal" for aspiring first-time buyers, surveyors [...]
[sgmb id="1"]Rising UK Property Prices Making Homes Unaffordable UK Property Prices increase over 3 times the rate of wage growth in the last 3 years, the rising property prices across the country, making UK property unnafordable across the UK. House prices are 6 times the average salary across Britain Average London Property Price is 11 [...]
House Price Growth Reaches 5 Year High
House Price Growth Reaches 5 Year High
Hanover Square Real Estate December 4th, 2020|Commentary, First-Time Buyers, International Investor News, UK Property News|
House Price Growth Reaches 5 Year High Monthly price growth in November 2020 surged 6.5%; its highest rate since January 2015, as heightened activity continues in the UK property market. Property prices in the UK increased by 6.5% in November 2020. This is the highest monthly rate of growth on Nationwide’s House Price Index since January [...]