Top seven stories this week in housing and investment: 8 February
Here’s our round-up of the best stories we’ve posted in the last week.
Manchester and Liverpool are in demand, plans for stamp duty for overseas investors are criticised, Barratts post latest figures and where are the most and least affordable cities in the UK? Read on…
1. Lloyds release latest affordable cities index
Lloyds Bank has published its rundown of the most affordable cities in the UK, and it’s a list dominated by the north of England, Scotland, Wales and Northern Ireland.
2.Manchester construction hits record heights
Residential construction is at record levels in Manchester, and there’s also momentum in the building of office space around the city.
3.Stamp duty for overseas investors ‘should be shelved’
A proposed new stamp duty for overseas investors should not go ahead, Chancellor Philip Hammond is being advised.
4.Regions post rise in new home numbers
Some regions around the UK are bucking the trend when it comes to building new homes, according to newly-released figures.
5.Landlords could flee if Section 21 is diluted, says new report
A new survey suggests that getting rid of Section 21 ‘no fault’ eviction notices would see leaving the industry in large numbers.
6.Surge of interest in Liverpool from US investors
Investment from the US accounted for a large part of money sunk into Liverpool’s property scene last year, as the north-west of England continues to attract overseas interest.
7.Barratt confident about Brexit amid rise in profits
The country’s biggest homebuilder has posted a rise in both profits and homes completed, and say they are well-placed for Brexit at the end of March.
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