Top seven recent stories in housing and property investment: 7 December
Here’s our round-up of some of the best stories that we’ve posted on Buy Association.co.uk recently.
Flat house prices to end the year, predictions for 2019, technology advances, and much more…
1. Halifax data shows house price growth at lowest rate since 2012
New data from the Halifax shows that house prices in the year to November rose by just 0.3%, the lowest rate of growth since December 2012.
2.Three out of four first-time buyers benefit from stamp duty relief
Since the Stamp Duty Land Tax relief started in November 2017, 180,500 first-time buyers have saved a collective of £426 million.
3.Property market predictions for 2019
The UK property market is expected to continue to be resilient with the north forecasted to lead the way and technology predicted to transform the sector.
4.Tenant deposits to be cut to five weeks after u-turn
Government plans to cut tenancy deposit caps from six weeks of rent to five in the forthcoming Tenant Fees Bill have provoked a strong reaction from within the industry.
5.New homes numbers in England still on the rise
Homes England recently published its official housing statistics showing the figures behind the building projects the organisation has managed during the first six months of the 2018-19 financial year.
6.Haves and have-nots at the Bank of Mum and Dad
It’s increasingly likely that the Bank of Mum & dad is only open to those who have wealthy parents with plenty of property value of their own, and it’s likely to have implications for the UK property scene.
7.Property sector set to take a technology to a new level
Holoportation, AI, tech-savvy homes, blockchain technology – all will become much more high-profile on the UK property market in 2019.
The post Top seven recent stories in housing and property investment: 7 December appeared first on BuyAssociation.