Buyers risk missing the Help to Buy and stamp duty deadlines. Nearly one in four agreed sales has collapsed so far this month.
Pent-up demand following lockdowns, a temporary tax cut, record low interest rates and government support for workers and mortgage holders have spurred a rebound that’s taken analysts by surprise. The average price of a UK homesoared to an all-time high in September, according to leading mortgage lender Nationwide, despite a pandemic-induced recession, rising joblessness and fears that a second coronavirusContinue reading “Why record UK house prices could be falling again soon”
Rising property prices fuelled by stamp duty freeze will fade away next year with average home losing £7,350, Google search data shows. Google search data shows clicks on the main property sites peaked in August but dropped by 7% this month Experts warn housing prices could fall by up to 3.7% as a result, wipingContinue reading “Britain’s housing boom… will fizzle out”