Category: House prices

UK house prices rise in February as chancellor avoids ‘negative speculation’

Rachel Reeves’s upcoming spring forecast has not led to slowdown, as property tax rumours did in NovemberBusiness live – latest updatesUK politics live – latest updatesHouse prices in the UK increased in...

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Lifetime of earnings not enough for UK workers to join wealthiest 10%, report says

Research finds it would take average worker saving all their earnings for 52 years to match wealth of richest 10th of societyIt would take the average earner in the UK 52 years’ worth of earnings to become as wealthy as...

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How would potential new property tax differ from stamp duty and council tax system?

Treasury officials consider shake-up which could see tax paid by sellers of homes worth more than £500,000Business live – latest updatesUK politics live – latest updatesThe government is considering a new...

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Bank of England rolls out looser mortgage rules to help first-time buyers

Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to the housing ladderBusiness live – latest updatesThe Bank of England has rolled out looser mortgage rules that policymakers...

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Spring statement 2025: what does it mean for your finances?

OBR says average income of 3.2 million families affected by benefits cuts will drop by £1,720 a year in real termsThe chancellor, Rachel Reeves, has delivered her spring statement, and the Office for Budget Responsibility...

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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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Average UK person has lost out on £10,200 since 2010, thinktank says

Comparing actual economic growth across UK cities with pre-2010 trends shows Aberdeen £45,000 poorer, with Burnley next at £28,000People in Aberdeen are a total of £45,000 worse off since 2010 after suffering...

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