UK News

The average house price in London went up over £6,000 in July, but experts say sales were made before the cost-of-living squeeze. The average price of a home in London has risen 9.2% in the year leading up to July—a significant increase but still below the rate of inflation. In July, the Land Registry reported that property prices in London hit a new high of £543,517. Because of this increase, the average value of a home in the capital has increased by more than £45,000 in a year and by more than £6,000 in just one month. In all of

We’ve all experienced how the pandemic has changed the way we live, work and holiday. Did you know UK tourism and holiday accommodation is one of the key property sectors that has shown the greatest resilience to the economic challenges of Covid-19 and the post-Brexit landscape?  People have been buying residential buy-to-let properties for almost two decades and by 2019 disillusionment has set in with much of what was on offer. Economic uncertainty, delays to completions, higher stamp duty, less favourable tax breaks, rogue tenant issues and a lot of changes to UK landlord responsibilities in favour of the tenant,

We look at post-Covid work habits, a return to normal in residential housing marketplaces, how the retail business is recuperating from the epidemic Economics on a Global Scale The ongoing growth of the Delta variant of Covid-19, as well as operational problems, is slowing economic expansion in major economies. Other new variants, such as the one found in South Africa, could be even more dangerous.  Parts, equipment, and labor shortages, as well as inefficient and difficult shipping, are causing concern about inflation. We assume that any increase will be temporary, and that financial institutions will not be pushed to raise

Second-home buyers and buy-to-let investors will potentially save thousands of pounds due to the stamp duty holiday. All property buyers benefit from the tax break announced by Chancellor Rishi Sunak in the summer of 2020, which was recently extended and tapered until September 2021. This means that those buying additional properties, such as a second home or as an investment, only pay the tax at a rate of three percentage points on the first £500,000 of a property’s price. Outside the holiday, these buyers would pay this surcharge on the first £125,000, after that they were charged 5pc on the