The average UK house price fell for the first time since March last month, as the stamp duty holiday ended, and the tax began to be gradually reintroduced, according to Nationwide.
The number of homes sold in the UK hit the highest recorded levels in June, with 213,120 sales registered with HM Revenue & Customs (HMRC).
Research has revealed that a lack of outdoors space, damp patches, and unpleasant odours top the list of the biggest deal breakers for house hunters.
The UK residential property market continues to perform strongly, with particularly sought-after areas emerging in the north-west, Wales, and the Midlands,
The stamp duty holiday set the ‘nil rate’ threshold for properties at £500,000 from July 2020 until 30 June 2021, and is now being phased out.
To help home buyers manage their budget better, The Financial Wellbeing Forum and Tymit offer the following tips.
Annual UK house prices surged by 13.4% in the year to June, the fastest rate of growth for 17 years. This is biggest the annual rise in prices since November 2004.
House prices in the UK here likely to continue to increase for some time, despite already breaking all records and hitting a new high in May
Selling a property can be stressful, but thankfully there are ways to ensure a quick house sale and unlock the value of your home.
A report found that 92 per cent of UK buyers consider the garden or outdoor space to be the single most important factor when house hunting.
Demand in April saw people in Aberdare, Rhondda Cynon Taf, Wales queuing overnight outside an estate agents.
The average UK property price has soared by 10.2 per cent in the year to March, according to figures recently released from the ONS.