Slowest Growth in the UK Housing Market in Five Years

UK house price growth in June slowed to its lowest since August 2013. According to the Office for National Statistics (ONS) this slowdown was mainly affected by the falling prices in London where properties dropped from 0.7% to negative 0.2%.The … More

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June 2018 – First time buyers & a “Land and Buildings Transaction Tax” break

Some modest relief from “Land and Buildings Transaction Tax” (“LBTT”) has been introduced for first-time buyers. The relevant statutory order (the snappily-titled “Land and Buildings Transaction Tax (First-Time Buyer Relief)(Scotland) Order 2018”) came into force on 30th In outline, the … More

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House Price Trends in 2018 Expected to be Similar to 2017

Halifax has revealed that prices in the final quarter of 2017 (October-December) were 2.7% higher  than in the same three months of the previous year. In addition house prices in that quarter were 1.3% higher than in the previous quarter … More

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Value of Privately Owned Housing Stock Reaches New High

New research by Halifax has revealed that the total value of privately owned UK housing stock has surpassed £6 trillion for the first time. Since 2007 the total value of private residential property in the UK has grown by £1.94 … More

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