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UK house prices fell for a second consecutive month in January as many consumers across the UK struggle with the January squeeze and shrinking disposable income – putting major spending decisions, such as moving home, on hold. Last month, the average price of a home in Britain fell 0.6% to £223,285 according to the mortgage lender Halifax. The drop followed
Property investors and first-time buyers can rejoice as housing prices see new lows this month in the long-predicted uptrend of the housing market. As stamp duties have been abolished up to £300,000 for first time buyers in addition to the rise in remortgage obtainability, these wintery months could be the best time to invest. House price growth dipped in October,
Both buyers and agents have recognised stamp duty as a big hurdle for first timers looking to start their housing journey. Many influential companies and people have commented on the tax, calling for something to be done and claiming it holds back transactions and the fluidity of sales. The Evening Standard yesterday ran an article badged as “exclusive”, claiming Philip