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2025 Property Market Predictions
Uncertainty was the theme of 2024, thanks to the general election, a ‘painful’ Budget and a slower than expected reduction in interest rates. But from a market point of view, uncertainty resulting in a slow-down has the advantage of creating pent-up demand in the period that follows. Whereas in 2024
Stamp Duty Shake Up – What It Means
Last week’s Autumn Budget included an unexpected 2% increase in the UK’s second home surcharge, raising it from 3% to 5%. The Chancellor latest step will discourage second home ownership, aiming to create more opportunities for prospective homeowners. Another stamp duty change from the Labour government – the end of the temporary nil rate increase
Property Prices Slow During Budget Month
House prices climbed by 0.1% in October versus the previous month, although this monthly rate of growth slowed from 0.6%. On an annual basis they increased by 2.4%, with this annual rate of growth again slowing from 3.2% the previous month. Here what some of the industry’s leading experts have
UK Autumn Budget Announcement: How will it affect the UK property market?
BuyAssociation explores what Labour’s first Autumn Budget announcement could mean for property investors and landlords and how the housing market is expected to perform in the coming months. Inside the guide, they cover: Labour’s first Autumn Budget announcements and what they mean for you Current property prices and rental yield analysis Positive trends in mortgage rates Key updates on the Renters’
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