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Nov 6, 2024 · Last Wednesday's Budget saw the rate of stamp duty paid on second homes in England rise from 3% to 5% with almost immediate effect. Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements. Breaking news and the top stories from Property Reporter - from mortgages to pensions, it's covered.
Budget 2024: Property industry reaction | Property Reporter
Property | Reporter. 30th October 2024. "Unlike previous budgets – think Kwarteng’s mini-budget – Reeves opted for a more measured approach, refraining from pulling any proverbial rabbits out of the hat – although the increase to Stamp Duty surcharge on second homes was unexpected". - Paresh Raja - Market Financial Solutions.
All the latest in property news | Property Reporter
6 days ago · 31st October 2024. Convenience is outpacing personality when it comes to buyer preferences, according to new research. Budget 2024: Property industry reaction. 30th October 2024. Budget 2024: Affordable Homes Programme to get £500m top up. 30th October 2024. The spooky street names impacting property values. 28th October 2024.
How the Future Homes Standard will impact residential developers
1 day ago · 13th November 2024. Residential developers unaware of the incoming Future Homes Standard (FHS) regulations would be wise to get up to speed, and quickly. These new rules mark a seismic change in how new residential developments are regulated, with developers predicted to pay an additional £15,000 to £18,000 per new residential unit to ensure ...
How the housing market will change in 2022 | Property Reporter
Dec 8, 2021 · How the housing market will change in 2022. With the pandemic rolling on in many guises, the Brexit transition hitting turbulence, and the run-up to COP26 influencing housing policy, 2021 has been full of hurdles for the industry.
Property market picks up pace following the Budget
1 day ago · The research shows that there are currently some 823,898 homes listed for sale across Britain and 84,065 of those have entered the market since the Autumn Budget alone - a boost of 11.4% in the number of sellers choosing to make their move. Every region of Britain and every major city analysed by Yopa has seen an increase in for sales stock ...
Monthly property transactions break 100k barrier for first time …
Oct 9, 2024 · The latest research by estate agent comparison site, GetAgent.co.uk, has shown that whilst market confidence has grown considerably since the Bank of England decided to hold the base rate at 5.25% in September last year, this positivity is only just filtering through with respect to transactional volumes, with the number of monthly sales completing across the UK property market tipping the ...
UK housing market optimism boosted by interest rate cut
Aug 6, 2024 · Stevenson concluded: “The recent interest rate cut and improving economic indicators provide a much-needed boost to the UK housing market. With increased market confidence, rising prices, and a more affordable borrowing environment, the outlook for the remainder of 2024 is optimistic." The recent interest rate cut by the Bank of England has ...
Housing supply and demand rebalancing following ... - Property …
Mar 21, 2024 · Housing supply and demand rebalancing following surge of new properties hitting the market. The average volume of properties in England listed for sale month-on-month saw a 58% rise in 2023 compared to 2022.
Confidence growing among buyers as stability returns to the …
Jan 24, 2024 · The latest research by London lettings and estate agent, Benham and Reeves, analysed the number of homes listed across the market and marked as sold subject to contract across England in Q4, or in other words, the homes that had already secured a buyer.