Since March 2020, low deposit deals have virtually disappeared from the mortgage market, hitting first-time buyers hard, as well as those with low levels of equity in their property. During the COVID-19 pandemic, lenders saw these deals as...
On 3 March 2021, Chancellor Ri sh i Sun ak announced that the Stamp Duty Land Tax (SDLT) h oliday will be extended until 30 June 2021 after facing pressure to extend the deadline by three months amid concerns ...
Spring 2021 Market Report: Price Growth at Four-Year High
Thursday, February 25, 2021
A year like no other
2020, a year in which the housing market defied expectations. At 7.6%, annual price growth across the UK is at its strongest since the summer of 2016. Over 129,000 homes are believed to have changed hands in December, 32%...
Regional Property Market Update Spring 2021: London
Thursday, February 25, 2021
At 9.7%, average annual price growth in London exceeds the UK average. Growth is currently stronger than at any point since July 2016 and considerably higher than the 1.2% fall recorded this time a year ago. Although Rightmove report average...
Regional Property Market Update Spring 2021: North East, Yorkshire and The Humber
Thursday, February 25, 2021
Average annual price growth in the North East (8.3%) and in Yorkshire and the Humber (9.7%) is higher than the UK average. In eleven areas the annual rate of price growth currently exceeds 7.5%.
Although Rightmove report that average...
Regional Property Market Update Spring 2021: Southern region
Thursday, February 25, 2021
At 6.2% and 8.5% respectively, average annual price growth in the South East and the South West is significant. In both areas growth is considerably higher than the -0.3% and -0.2% recorded a year ago. The Isle of Wight and the New Forest are...
Regional Property Market Update Spring 2021: Hertfordshire, Bedfordshire and Cambridgeshire (East of England)
Thursday, February 25, 2021
At 4.8%, average annual price growth in the East of England is lower than the UK average. However, growth is currently stronger than at any point since January 2018 and considerably higher than the 1.5% fall recorded this time a year ago. Price...
Regional Property Market Update Spring 2021: South East Home Counties – Kent and East Sussex
Thursday, February 25, 2021
At 6.2%, average annual price growth in the South East is lower than the UK average. However, growth is currently at its strongest level since January 2017 and considerably higher than the -0.3% recorded this time a year ago. Although Rightmove...
