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House price growth in UK top 20 cities slows down

House price growth in UK top 20 cities slows down

House prices have slowed across Britain’s 20 biggest cities, with London recording falls across nearly two-thirds of its districts, new research shows. The slowing property market comes as buyers are nervous due to fears over Brexit, but a lack of demand means those brave enough to go house hunting and negotiate on price could pick […]

Budget extends Help to Buy scheme to March 2023

Budget extends Help to Buy scheme to March 2023

Tens of thousands of first-time buyers have been thrown a lifeline by the Chancellor after he extended the popular Help to Buy scheme until March 2023. Under the scheme homebuyers purchasing a new-build can get an extra 20 per cent loan from the Government – or 40 per cent in London – which is interest-free […]

Help to Buy extended another two years but ONLY for first-time buyers

Help to Buy extended another two years but ONLY for first-time buyers

The Government has confirmed it will extend its Help to Buy equity loan scheme past 2021 to 2023 but restrict it to first-time buyers purchasing newly built homes during that time. From 2021, there will also be new regional price caps brought in, drastically reducing the maximum value of homes that can be bought with […]

London house prices slide to put it 38th out of 43 major world cities

London house prices slide to put it 38th out of 43 major world cities

House prices for luxury properties in London have slipped 2.9 per cent in the last year due to Brexit uncertainty and landlord tax changes, according to a new report. The capital was placed 38th in a list of 43 cities across the globe, as prime property prices fell into negative territory, according to the index […]

On the eve of the Budget, a heartfelt plea to Chancellor Philip Hammond

On the eve of the Budget, a heartfelt plea to Chancellor Philip Hammond

Chancellor Philip Hammond will unveil the Government’s fiscal plans on Monday next week.  Last year, he scrapped stamp duty for first-time buyers but there was little solace for those further up the housing ladder, many of whom feel trapped in their homes because of the increasingly extortionate cost of moving.  With just five days to […]

London house sales take a battering from sky-high stamp duty

London house sales take a battering from sky-high stamp duty

House sales in central London have dived to a record low as buyers are put off by sky-high stamp duty. Just 70 properties are being sold each week in the heart of the capital, according to analysis by investment firm London Central Portfolio – down 16.8 per cent on a year earlier. There are now […]