The price of property coming to the market has fallen for the first time this year, down 1.3% in the month to £365,173 (-£4,795) in August, according to Rightmove. However, the property portal said the fall was likely more due to holidays than mortgage and interest rate rises as prices usually drop in August, and […]
House Prices Fall For First Time In 2022 – Rightmove Read More »
Chancellor Kwasi Kwarteng cuts Stamp Duty in today’s mini-budget. Under the current system Stamp Duty is NOT paid on the first £125,000 of any property purchase but that figure has been increased to £250,000. The stamp duty threshold for first-time buyers has been increased from £300,000 to £425,000.
Stamp Duty Cuts Announced Read More »
The Bank Of England (BOE) have today increased the Base Rate by 0.5% to 2.25%
BOE Increase Rates By 0.5% Read More »
Lenders start to increase lending with 90% products launched this week.
90% Lending Returns Read More »
