Osbornes Surprise Cut to Stamp Duty Throws The UK Housing Market Into Temporary Disarray
It’s not often that an official announcement from the government provokes an immediate flurry of positive activity, but George Osborne’s surprise announcement that ‘unfair and punitive’ tax duties would be “slashed” from...
Knight Franks reaction to the Autumn Statement
Capital Gain Tax – the current exemption from CGT for non-UK resident owners of residential properties will be removed. Liam Bailey, Head of Knight Frank Global Research, comments… Tax is not the primary driver for the majority of international...
Substantial increase in mortgage lending seen by CML over the year
The Council of Mortgage Lenders has reported a steady situation in gross mortgage lending in September, albeit slightly down from £16.4 billion to 16.2 billion. However this does represent a 41% increase on the lending of September last year.The Council of...
RICS sees Flat but Stable House Prices
The Royal Institute of Chartered Surveyors (RICS) have released their March 2013 Housing Market Survey. In it it reports that the UK House Prices are stable but in essence flat having changed little over the last few months. Key Survey Points: Prices in England &...
