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 [...]
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 [...]
What Is The Best Location For UK Property Investment? What Is The Best Location For UK Property Investment? Well, the UK has long had a "north-south divide". In the past, the London property market has been the destination for many property investors. The north has been regarded as the industrial area of England, with the [...]
Birmingham an Emerging Property Hotspot Birmingham an Emerging Property Hotspot. Not only the UK’s largest city outside London but also one of the country’s biggest financial centres. The relocation of firms; Deutsche Bank and HSBC will increase the number of affluent professionals making their home here. The diverse economy benefits from exceptional connections to local, [...]
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 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 [...]