House Stock Exponentially Increases In January
As the NAEA Propertymark data for December suggested that available stock had increased by 20% from November’s figures, a recent property index from online estate agents HouseSimple suggests that the number of available properties coming to the market is over three times December’s stock levels. The index, that focused on over 100 large UK towns […]
Just Over One Third Of Adults Under 35 Own A Property
In the past ten years the number of younger home owners has decreased by a third according to a recent report published by the Ministry of Housing, Communities and Local Government (MHCLG). Nowadays, only 38% of people under the age of 35-years owns their own property. However, this figure has shrunk from 55% a decade […]
Stamp Duty Land Tax Receipts Reduce Along With Buy-To-Let Sector
Recent analysis of HM Revenue and Customs’ Stamp Duty Land Tax (SDLT) statistics suggest the housing market is struggling with reduced transactions which is having a huge impact on the tax accrued by the government. According to NAEA Propertymark and their subsidiary firm LCP, tax receipts for England, Wales and Northern Ireland have plummeted considerably […]