All The Latest Property News
House Prices At A Record High, Says Halifax
The average UK house price reached a record high last month, according to Halifax.
What’s The Big Picture With House Prices In Inverclyde?
Zoopla, the leading residential property software, data, and insight company has released its insights into the local residential market.
Stamp Duty Change Expected To Spark Homebuying Rush
Home sales will "jump" at the beginning of next year as people try to buy before the rise in stamp duty, one of the UK's biggest lenders has predicted.
Rent Caps To Be Tied To Inflation Under SNP Plan
Rent increases in Scotland could be tied to inflation under fresh proposals put forward by the Scottish government.
Labour To Raise CGT On Shares While Protecting Buy-To-Let And Second Homes
Chancellor Rachel Reeves is expected to increase capital gains tax (CGT) on the sale of shares and other assets, but will leave the rate on second homes and buy-to-let properties unchanged
Scottish Average House Prices Reach £200,000 For First Time
The average price of a property in Scotland has hit a record £200,000 in August 2024, a 5.4% year-on-year increase, according to the latest UK House Price Index data.
UK Landlords Rush To Sell Amid Fears Of Capital Gains Tax Rise In Budget
Landlords in the UK appear to be selling up in record numbers, according to property website Rightmove, possibly driven by fears of a rise in capital gains tax (CGT) in this month’s budget.
House Prices Close To Record High, Says Halifax
The average UK house price came close to reaching a record high last month as falling mortgage rates helped to boost confidence among buyers, according to Halifax.
What’s The Big Picture With House Prices In Inverclyde?
Zoopla, the leading residential property software, data, and insight company has released its insights into the local residential market.
Bank Of England’s Bailey Says He Expects Interest Rates To Fall ‘Gradually’
The governor of the Bank of England, Andrew Bailey, has said he expects interest rates to fall gradually but warned consumers not to expect a return to near-zero levels.
Inverclyde Council Could Bring In Visitor Levy For Hotels
Inverclyde Council now has the power to add a 'tourist tax' to accommodation costs for people visiting the area - but it's yet to decide whether to use it.
Mortgages At Six Times' Income For First-Time Buyers
Mortgage lenders' attempts to lure in first-time buyers have stepped up with the UK's biggest building society allowing some to borrow more.
Start Date For £22m Greenock Town Centre Redevelopment
Construction work on a major £22 million redevelopment of Greenock Town Centre is set to begin in early 2025.
Numbers In Private Rented Homes On The Rise - Census
The number of privately rented homes in Scotland has increased by almost 10% in a decade, according to the latest figures released from the 2022 census.
House Hunting Picks Up As Some Offer After 20 Minutes
Property sales will pick up in the autumn owing to a change in the "mood music" in the housing market, surveyors say.
Rate Cuts To Help Fuel House Price Rises, Halifax Says
Lower mortgage costs and more interest rate cuts could fuel a rise in house prices for the rest of this year, the Halifax has said.
Inverclyde Market Update – July 2024
Bowman Rebecchi is delighted to share the latest residential property market statistics for Inverclyde for July 2024.
UK Interest Rates Cut To 5%
The Bank of England's governor said a decision to cut interest rates is “an important moment in time” but warned people not to expect a sharp fall in the coming months.
First-time Buyers Spending Up To 40% Of Pay On Mortgages
People buying a house for the first time are spending about 37% of their take-home pay on mortgage payments, according to the Nationwide.
Number Of Agreed UK House Sales Over Past Month ‘Up 15% On 2023’
The number of agreed house sales over the past month was 15% up on this time last year, according to Rightmove, as buyers anticipate “gamechanging” interest rate cuts they hope could come as early as August.