“Demand collapses” as sellers slash prices
One in four (25%) homes have been sold at a discount since September according to Zoopla research, as Hargreaves Lansdown says demand has fallen off a cliff since the infamous mini-budget.
Hargreaves Lansdown
Hargreaves Lansdown: gifting can mitigate tax burden
Sarah Coles of Hargreaves Lansdown has urged landlords and those with substantial assets to consider making ‘gifts’ to avoid paying a sizable chunk of tax when they die.
Autumn Statement: Stamp duty holiday “created” after Hunt reverses Liz Truss policy
The government’s move to reverse Liz Truss’s stamp duty cut will effectively create a new stamp duty holiday, as the nil threshold will move back from £250,000 to £125,000 in 2025
Autumn Statement: Council tax rises on the horizon
Local authorities will be able to raise council tax by 5% without holding a referendum from April 2023 following an announcement in Jeremy Hunt’s Autumn Budget.
Autumn Statement: Energy bills subsidy to fall
The government will keep average energy bills at £3,000 per year from April, up from £2,500.
The self-employed are leaders on property investing
More self-employed people invest in property than those employed at companies, despite the sector suffering during the pandemic.
RICS: ‘Party is over’ as buyer enquiries fall
Buyer enquiries have fallen for five months in a row according to RICS, as a net -36% of agents saw activity fall in September.
House prices slowed prior to September’s chaos
Annual house price growth has fallen down to single digits, at 9.9% in September, Halifax’s house price index has found.
Property Investment Tips & Advice - Property Market Opinion - Tips & Advice on Buy-To-Let Investment
Why Halifax, Virgin Money and Skipton are withdrawing products
Today Halifax withdraw fee paying mortgages, following the likes of Virgin Money and Skipton who withdrew their mortgage products. Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, explores why these changes are taking place.
“Hokey Cokey” house price growth doubles to 15.5%
House price growth shot up to 15.5% in the year to July, due to the distorting impact of the end of the stamp duty holiday at the end of last year.
