News

Property Sales Rise In February says HMRC

The number of homes sold in the UK rose slightly in February, HM Revenue & Customs (HMRC) said. There were 65,000 completed sales, up by 7% from January and 18% higher than a year ago. The figures show little evidence of any rush by first-time buyers to beat the...

SOME 'BUOYANCY ' IN HOUSING MARKET ,SAY LENDERS

The UK housing market is showing some signs of "buoyancy" despite mortgage lending remaining static in February, lenders have said. Gross mortgage lending stood at an estimated total of £10.7% in February, the Council of Mortgage Lenders (CML) said. This was...

UK HOUSE SALES PICKING UP SAYS RICS

UK property sales edged up slightly in February, according to the latest survey from the Royal Institution of Chartered Surveyors (Rics). A few more first-timers have been buying ahead of the reintroduction of 1% stamp duty on 24 March for homes under £250,000. As a...

BOOST TO NEW HOMES MARKET

People in England are being offered help to climb onto or up the housing ladder as the government's new mortgage indemnity scheme launches. Under the scheme the construction industry and taxpayers will act as co-guarantors on new homes bought by existing or first-time buyers...

UK HOUSE PRICES ROSE SLIGHTLY IN FEBRUARY

UK house prices rose slightly in February but the lift in values may not last through the summer, according to the Nationwide. The building society said that the value of homes went up by 0.6% in February compared with January. Prices were up by 0.9% compared with the same...