Category: First-time buyers

Surge in larger homes for sale amid capital gains tax fears, Rightmove says

Speculation Rachel Reeves to raise tax in budget thought one reason for some homeowners cashing outGrowing speculation about a capital gains tax (CGT) raid in October’s budget appears to have prompted a surge in the number...

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How a disastrous Tory policy blew up the housing market

In the second instalment of a special series on the emblems of Tory Britain, Oliver Wainwright looks at help to buy, a scheme that cost billions, pushed up prices, did almost nothing for new buyers – but made house...

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UK house prices stabilise as rising wages and consumer confidence steady market

Average price of a home dipped by 0.1%, says Halifax, bringing cost of typical property down to £288,688Business live – latest updatesUK house prices held steady in May underpinned by rising wages and an increase in...

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More than 40% of mortgages withdrawn as market reels after mini-budget

Lenders began pulling products on Monday as they struggled to price products amid financial uncertaintyKwasi Kwarteng’s mini-budget: key points at a glanceMore than 40% of available mortgages have been withdrawn from the...

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Stamp duty cut will benefit UK’s wealthier and raise inflation, say experts

Government warned measure would create housing bubble that does little to benefit first-time buyersCuts to stamp duty will hurt first-time buyers and stoke an inflationary bubble in the property market as house prices rise at...

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