Article(s) associated to this keyword
- London High-End Property Prices on the Rise
- New Initiatives to Get Property Market Moving
- Positive Outlook for London Homeowners
- Relief for Home Buyers at Property Auctions
- Best Buy Mortgages
- Bag Yourself a Country Cottage Bargain
- Scotland Bucks The Trend For Property Sales
- Housebuilder’s Stamp Duty Incentive
- Fresh Hope For First-Time Buyers
- Stamp Duty Holiday Arrives
A recent survey has found that the high-end property market in London is bucking the downward trend as prices continue to rise, most noticeably with houses worth more than £10 million.
Sarah Beeney has launched a website offering advice on how to kick-start the property market during the downturn, which involves all members of the chain rather than simply first-time buyers.
New research shows that, despite the credit crunch and property slowdown the average asking price of a house in London continues to rise.
As homes become harder to shift auctioneers are demanding that vendors reduce their reserve price before they agree to take them on as clients.
Last week many high-street lenders announced a reduction in mortgage rates, but buyers have since been warned that the cost of fees may increase significantly as a result.
Luxury homes, farmhouses and cottages are facing the biggest drop in value in over 10 years, as the market starts to slow in rural areas.
A property website announced yesterday that the length of time that properties stay on the market in the UK has increased dramatically since the start of the year.
Housebuilder Barratt Development is offering to pay house buyers’ stamp duty for properties worth up to £500,000 in a deal stretching to Christmas. As its profits took a plunge, the housebuilder is hoping to boost the housing market.
Speaking yesterday, Graham Beale stated that house prices will continue to fall and that the average price may drop to £140,000. Whilst this is bad news for homeowners it will also mean that many others will finally be able to afford their first home.
The Government has announced that the starting threshold for stamp duty will be temporarily increased to £175,000. The measure comes into force on 4 September. It is said to be to help individual families in these difficult times.
