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 [...]
2020 UK Property Market Forecast 2020 UK Property Market Forecast, what does 2020 have in store? After the end of 2019, closed with momentum behind it, a landslide conservative win and a majority government. This led U.K. property prices to continue to climb owing to the so-called “Boris Bounce,” according to a report from Halifax; [...]
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 Property Market Continues To Be Resilient Many fearmongers, including the bank of England chief suggested property prices would plummet, and the UK property market is defying predictions. With the latest data suggesting that transaction levels are holding steady. Latest data released by HMRC; shows residential property transactions in the UK decreased by just 0.3 [...]
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 [...]
Brexit Latest & UK Property Prices Updated 17th April 2019 Confidence in the UK as a place for investment is returning. The United Kingdom has been awarded the top spot in a survey which ranks how attractive countries are as investment destinations over the coming year. Despite “continued uncertainty stemming from its intention to leave the [...]
[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 [...]
Dubai Property Market Forecast Dubai Off-Plan Sales Down 37% in Q1 2018. Last Updated 12th April 2018 Off-plan sales in Dubai are down 37 percent in the first quarter of 2018 compared with a year ago. A total of 4,564 off-plan sales were registered during Q1. Furthermore, January recorded the busiest of the 3 months, [...]
Stamp Duty Holiday Creates Surge From Overseas Investors
Stamp Duty Holiday Creates Surge From Overseas Investors
Hanover Square Real Estate August 10th, 2020|Commentary, International Investor News, Mortgages, UK Property News|
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 [...]