The Halifax predicts that upcoming changes to stamp duty in England and Northern Ireland will incentivize first-time home buyers, with the threshold for exemption dropping from £425,000 to £300,000 starting in April 2024. While average house prices are close to…
Upcoming stamp duty changes in the UK are expected to motivate first-time buyers to enter the property market, according to Halifax. The average home price is nearing £300,000, with notable differences across regions. As of April, first-time buyers will see…
According to Nationwide, UK house prices increased by 4.7% in 2024, with the average home costing £269,426 by year-end. Despite affordability challenges due to rising prices, all regions experienced growth, particularly Northern Ireland. As 2025 approaches, market uncertainty over interest…
According to Halifax, UK house prices increased by 1.3% in November compared to October, marking the fastest monthly growth of the year. This brings the average property value to a record £298,083. With a 4.8% annual increase, demand is driven…
House prices in the UK have experienced significant increases, with November marking the fastest monthly rate this year, according to Halifax. The average property value rose to £298,083, reflecting a 1.3% increase from October. Annual growth reached 4.8%, the highest…
House prices in the UK rose at their fastest annual pace in two years as of November, driven by low unemployment and rising wages. Nationwide reported a 3.7% increase from the previous year, with average property costs nearing a record…
According to Nationwide’s latest survey, UK house prices increased by 3.7% in November year-over-year, marking the fastest growth rate in two years. Despite high affordability challenges, the housing market shows resilience, with mortgage approvals nearing pre-pandemic levels. This uptick in…
