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 [...]
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; [...]
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 [...]