The property market has reopened now across the UK. Estate agents are conducting in-person house viewings again and buyers are able to move home once more. All UK governments have also temporarily cut stamp duty. This means buyers could potentially save up to £15,000 in tax if they move home before April 2021. The government…
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UK House prices in July 2020 were 3.8% higher than the same month a year earlier according to the Halifax House Price Index. According to the data, a ‘mini-boom’ has driven house prices up in July to 1.6%. It is higher than in June, on a monthly basis and 3.8% higher than this time last…
According to the latest UK Property Transactions Statistics by HMRC, residential property transactions rose to 63,250 between May and June this year – a rise of 31.7%. However, largely due to the pandemic, this figure is still 35.9% lower than the same period a year earlier. On a non-seasonally adjusted basis, the number of…
Boris Johnson has announced the “most radical” reforms of the planning system since the end of the Second World War, as he pledged to “build a more beautiful Britain”. The Prime Minister pledged to “build better and build greener”, adding: “but we will also build faster”. It will become easier to get permission to turn…