Hanging tough
Posted by: Titlesolv
Concluded in late June, Theresa May's deal with the DUP for a 'confidence and supply' arrangement within the House of Commons has attempted to bring a degree of certainty to an otherwise uncertain climate. Following calls for the Prime Minister to resign after a very disappointing General Election result, it seems that Theresa May's position has been bolstered for the time being.
Record breakers
Posted by: Titlesolv
Mortgage rates hit a record low in April, with the Yorkshire Building Society announcing a rate of 0.89% over a two-year period.
Turn and face the strange of 2016
Posted by: Titlesolv
2016 was certainly a year of Changes, to quote singer/songwriter David Bowie, whose death in January was for many a portent of the tumultuous year ahead in the political and economic spheres. The three per cent rise in stamp duty on second homes and buy-to-let purchases was greeted with some dismay, particularly as the government's initial consultation had suggested that there could be an exemption for investors buying 15 or more properties.
Buy-to-let under pressure
Posted by: Titlesolv
Buy-to-let lenders are facing a double whammy, and as a result, will start to stress-test buyers at a higher threshold from January 2017.
House prices defy expectation
Posted by: Titlesolv
After the initial shock of the Brexit result in June, there is a growing consensus amongst surveyors and estate agents that the housing market is recovering. The Royal Institute of Chartered Accountants (RICS) reported that 12% more of its members had noted house prices rising rather than falling in August, up from 5% in July.
Most Popular
Tags