Archive for the ‘Property Market News’ Category

Will Stamp Duty Holiday End In December?

October 19, 2009subedar1 No Comments »

The present stamp duty holiday for properties valued between £125,000 & £175,000 officially ends December 31st. The scheme, which has been extended once already, saved buyers paying the 1% Stamp Duty for properties valued between those two amounts. It remains to be seen whether the approaching end of the scheme will have any material impact […]

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House Prices Rose in September

October 5, 2009subedar1 No Comments »

The Nationwide’s house prices survey reveals that property prices rose for the fifth month in a row in September. In the last three months, prices are up 3.8% but house prices remain 13.5% lower than their peak in October 2007. The average price of a home in the UK now back to the same level […]

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UK House Asking Prices Increase

September 29, 2009subedar1 No Comments »

  UK House Asking Prices Increased in September according to Hometrack. The report adds to evidence that the housing market may be starting to level off after the credit squeeze ended a decade- long boom. The rises were mainly in London and the South East and partly due to the lack of property coming on […]

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Another £500m from HSBC

September 29, 2009subedar1 No Comments »

More good news for first-time buyers and home movers from HSBC. The bank is making an additional half a billion pounds of mortgage funding available to home buyers with deposits of 10%. The reason for this additional funding is because there has been an increase in demand from its customers. It is not known what […]

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Bank Rate Remains At 0.5%

September 10, 2009subedar1 No Comments »

  The Bank of England has held the bank base rate at 0.5% for the sixth month in a row.

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