Stamp duty cut remains but new chancellor reverses almost all other tax measures
Jeremy Hunt, the new UK chancellor, has junked the bulk of his predecessor Kwasi Kwarteng’s tax cuts in an effort to calm markets.
Jeremy Hunt, the new UK chancellor, has junked the bulk of his predecessor Kwasi Kwarteng’s tax cuts in an effort to calm markets.
The average price of property coming to market rises again this month to a new record high, as shortages of property for sale continue to underpin values.
The business will retain the agency’s brand and its branch in the heart of the city.
An estate agency has poked fun at Liz Truss who is under growing pressure to resign as prime minister.
Acquisitions remain a key strategy for the estate agency brand.
The markets are anticipating a 75 basis points rise, taking the base rate from 2.25% to 3%, though Andrew Bailey’s comments may point to a full 100 basis points rise.
New chancellor Jeremy Hunt will make a statement later today, bringing forward measures from the Medium-Term Fiscal Plan that will support fiscal sustainability.
Agents will be able to learn more about the changes to the Right to Rent process in a free webinar this week.
More than five million families will see their annual mortgage payments rise sharply over the next two years.
The government’s stamp duty favour buy-to-let landlords and homeowners, claims Labour’s shadow culture secretary Lucy Powell.
Current property market conditions are likely only the ‘calm before the storm’ – with the tail end of the third quarter showing signs of headwinds yet to hit.
Agency adds to its existing 10 branches with this latest purchase.
Risks of a correction are growing but the housing market has proved its resilience repeatedly in the recent past.
Labour is calling on the UK government to unfreeze housing allowance, which has not kept up with rent rises.
Issues of non-compliance should be a wake-up call to all regulated businesses.
The fourth quarter of the year faces a hiatus of new buyers as those who have not secured cheap finance step back from market.
The UK central bank’s latest quarterly credit conditions survey paints a gloomy picture, with the number of mortgage deals falling.
The emergency legislation was passed by the Scottish government in just three days last week.
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