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Big drop in cash buyers across the UK

The number of cash buyers in the UK property market is at its lowest level since 2007. Less than a third (28 percent) of homes were bought with cash in the first six months of this year. That compares to a high of 36 percent a decade ago. Every region Read more…

Abolish stamp duty on homes worth less than £500k says think-tank

Stamp Duty Land Tax should be abolished on all but the most expensive properties. That’s the radical proposal in a new report from the think-tank Onward.   Free up the property ladder The report – entitled Reforming Stamp Duty: New ideas to promote home ownership – was put together by Read more…