Prices for luxury homes in London are expected to fall by 9% in a year due to stamp duty tax and EU referendum, says Savills.
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Category Archives: Home Movers
The average price of £366,744 for properties closest to the UK’s top thirty schools is £53,426 more than the average for the country.
The latest report from Lloyds shows homeowners are now more optimistic that they will own their long-term home in two more moves.
The Bank of England has reduced interest rates from 0.5% to 0.25% but will your mortgage benefit from the decrease?
Rics June survey has shown a significant decline in the number of new buyers as uncertainty remains after the EU referendum.
Lending to home movers increased by £800 million or higher by 18.6% for the month as other buyer types lag behind during May.
The lowest ever ten year fixed rate mortgage deal at 2.39% is launched by the Coventry Building Society after EU referendum.
There has been a 20% fall in demand for new-build homes and interest in the London housing market due to the EU Referendum.
Uncertainty created with Brexit could see house prices fall by 5% and decreasing swap rates may produce better mortgage deals.
Homeowners borrowed £8.2 billion for the month to April 2016 down £5.4 billion or 40% after a significant rise in mortgage activity last month.