
Chancellor Jeremy Hunt axes the majority of tax cuts from the mini-Budget but changes to stamp duty remain in place. What does it all mean for the housing market?
Contributing Editor
Nicky has been a freelance journalist for more than 15 years. She began her career at the Press Association, where she was Personal Finance Correspondent for more than 10 years.
Her work has been published in a range of national and regional newspapers, including the Financial Times, Daily Telegraph, Independent and the Guardian.
Nicky is a freelance journalist but you can submit any enquiries to her via [email protected]
Chancellor Jeremy Hunt axes the majority of tax cuts from the mini-Budget but changes to stamp duty remain in place. What does it all mean for the housing market?
Activity levels in the market have fallen, but a shortage of homes for sale is supporting house prices.
The number of over-40s taking out 35-year mortgages has risen by nearly 40% this year. Higher house prices and the cost-of-living squeeze is thought to be driving the trend.
Those who do go ahead with a purchase are opting for longer mortgage terms due to the cost-of-living squeeze.
Thresholds for Land Transaction Tax have been changed to reflect house price growth in Wales.
More than 900 deals were withdrawn in one day as lenders looked to reprice their loans. But the move is set to be temporary as lenders reassess their rates.
Loading...