U.K.’s White-Hot Housing Market Shows More Signs of Normalizing

By |2021-08-09T06:31:04+00:00August 9th, 2021|Uncategorized|

U.K.’s White-Hot Housing Market Shows More Signs of Normalizing Home prices continued to swell in July across the U.K.’s hot property market, but a slowing pace points to cooling activity, according to a report Friday from Halifax. Yearly gains of 7.6% last month pushed the average

Stamp Duty Holiday Change Has Taken Some Heat out of the U.K. Property Market

By |2021-08-01T08:02:57+00:00August 1st, 2021|Uncategorized|

Annual property price gains reached 10.5% this month, a fall from June The gradual phasing out of the stamp duty holiday at the end of June—the economy-boosting measure introduced in the U.K. during the coronavirus pandemic to encourage property purchases by scrapping the transfer tax on the first £500,000 (US$693,986) of a home

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