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The Bank of England on Thursday raised its base rate for only the second time in a decade, inching it up from 0.5% to 0.75%. What impact will it have on your mortgage, savings and the property market? How will it affect me? The direct impact on most people is minimal. Most people with large mortgages are […]
Stamp Duty Hike Has Yielded Government ‘Double the Money’ Than Estimated 10th Sep 2017 The increased Stamp duty charged for homeowners and buy-to let investors has raised twice as much for the government than initially estimated. A leading accounting, tax and advisory practice latest analysis claims that the HMRC has received almost £2billion since last […]
Here’s how much house prices in England and Wales have increased in the last year On an annual basis, the average house price in England and Wales rose by £8,433 (Source: Getty) House prices in England and Wales dipped slightly (0.2 per cent) in July but still recorded annual growth, according to Your Move’s […]
UK landlords are unconcerned by the impending Brexit and have far greater worries about the state of the economy, tax and the political turmoil over the next several months. An insurance company’s latest research claims 41% of landlord respondents are extremely worried about the new tax regulations and the economy with only 28% citing Brexit […]
UK house prices fall further in June, says Halifax House prices in the UK fell by 1% in June, the largest monthly fall since January, according to Britain’s largest lender, the Halifax. It brings the average price of a house or flat down to £218,390. The rolling quarterly figure, which measures changes over the previous […]
What house price freeze? Profits at this London-focused housebuilder have jumped more than 50 per cent It seems rumours of the demise of the London housing market were greatly exaggerated, after Berkeley Group, one of the capital’s biggest housebuilders, reported a 53 per cent jump in pre-tax profits. The figures The housebuilder said pre-tax profits […]
