
Asking price for UK homes hit a record number
UK PropertyUK house prices surged between June and July despite the scaling back of British Chancellor Rishi Sunak’s stamp duty holiday. Average UK property prices hit record numbers in July, rising to an all-time high of GBP 338,447. However, housing experts have warned of shortfalls in supply amid strong demand...

UK housing market boom continues
UK PropertyThe UK Nationwide house price index increased by 13.4% in June 2021, as thousands of buyers looked to secure property purchases before the stamp duty holiday deadline. Whilst property sales are likely to take a hit, with the stamp duty thresholds now halved, it’s thought that healthy demand will remain for the rest of 2021.

UK house prices surge at the fastest rate in 16 years
UK News, UK PropertyUK house price growth surges in June, with UK property prices now averaging at GBP 245,432 - a 13.4% increase over the last 12 months. UK Chancellor Rishi Sunak’s stamp duty holiday continues to buoy activity in the housing market. Nationwide housing data revealed that all areas in the country record growth, with property prices in London surging by 7.3%.

Stocks rally following US infrastructure bill announcement
Business, Markets, Stock Markets, UK Property, United States of AmericaA bipartisan group of US senators said that a deal on US President Joe Biden’s USD 1.2TN infrastructure bill had been reached but Mr Biden has refused to sign the deal unless a reconciliation bill is also passed. Still, stocks and riskier currencies are rallying in the wake of the news...

Rising house prices first-time buyers out of the market
UK PropertyUK Chancellor Rishi Sunak’s stamp duty holiday has fuelled record housing price growth over the past year and while many people have benefited from the savings, the tax break appears to be having a negative impact on first-time buyers. The UK’s red hot property market has caused many first-time buyers to be priced out of the market...

UK housing market boom on Bank of England’s radar
UK PropertyThe Bank of England is carefully monitoring the UK housing boom and rising property prices which is sparking concerns about higher inflation.

House prices set to soar as buyer demand continues to boom
UK PropertyBritain’s property market is heating up as buyer demand shows no sign of abating while the stamp duty holiday benefits are still operating. While competition from buyers has tailed off slightly, estate agents are as busy as ever as housing market activity remains exceptionally strong across the country.

UK house prices soar to record highs outside of London
UK News, UK PropertyNew data reveals UK housing prices have grown at their fastest pace in five years as buyers continue to take advantage of the stamp duty holiday.

UK mortgage enquiries from expats soar
Expat Lifestyle, UK PropertyRishi Sunak’s stamp duty holiday announcement saw a surge in property enquiries from UK expats and demand looks to remain strong in 2021. With the easing of coronavirus lockdown restrictions, Q2 of 2020 also saw rapid growth within the UK rental market, with average rents increasing by 2.2% and demand 33% higher than pre-lockdown.

Treasury launches new residential property developer tax
Business, UK PropertyTreasury intends to apply a new residential developer tax to large UK property developers. Learn how to get into property development with our 2021 property developer guide. Find out more about Buy-to-let vs buy-to-sell property: What are the pros and cons?

MPs reject SVR cap for mortgage prisoners but rates dip
Personal Finance, UK PropertyBorrowers are frustrated by MPs decision to reject the SVR cap on mortgage rates. Mortgage rates decline again and self-build mortgages are introduced. The Saffron Building Society has also launched two new large loan products to entice prospective property buyers. The self-build loan products will be made available...

UK Property Sales Reach 16 Year High
Personal Finance, UK PropertySoaring demand for UK property has been ignited by numerous government schemes to make UK housing more affordable, with demand set to continue for the remainder of 2021. Recent data from Her Majesty's Revenue and Customs (HMRC) revealed UK property purchases rose to a record high in March 2021 to levels not seen since...

Rishi Sunak Launches 95 per cent Mortgage Scheme
Personal Finance, Properties abroad, UK PropertyAspiring homeowners can now purchase a property with as little as a 5% deposit due to the UK government’s new 95% mortgage scheme. The UK’s 95% mortgage scheme has been welcomed by the public and the property industry following a surge in UK property demand

The future of the UK property market in post-Brexit 2021
UK PropertyDespite the extension to the stamp duty holiday, UK property price growth continues to fall as the Bank of England predicts a 35% decline over the next three years.

UK housing market: Stamp duty price boom and mortgages
UK PropertyChancellor Rishi Sunak’s stamp duty price boom has triggered a UK housing crisis as unaffordable homes price out many potential buyers.

Investing in a holiday home or buy-to-let in 2021
UK PropertyRead our expert advice on purchasing overseas properties in 2021, and whether you should invest in holiday homes or buy-to-let property abroad.

UK house prices and property market set for a strong 2021
Coronavirus (COVID-19), UK PropertyUK house prices hit six-year highs in 2020 due to the stamp duty holiday. Despite lockdown, the property market’s outlook remains positive for 2021.

UK property market reacts to stamp duty holiday decisions
UK PropertyHouse prices are falling but mortgage approvals are rising as consumer demand for UK property market remains strong despite the stamp duty deadline. UK property values are also 27% higher than pre-recession and almost double than averages seen during the 2007-8 financial crisis...