October 19, 2009subedar1
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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October 5, 2009subedar1
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 [...]
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September 29, 2009subedar1
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 the market.
It [...]
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September 29, 2009subedar1
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 interest rates [...]
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September 10, 2009subedar1
The Bank of England has held the bank base rate at 0.5% for the sixth month in a row.
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