November was shaped by the Autumn Budget, which set out plans that will influence the property market going into next year. Steady interest rates have helped keep buyers confident, although activity still differs from one part of the UK to another.
The Budget included tax changes for high value properties and steps to encourage more building and investment. Buyers and landlords are waiting to see how these changes will affect their choices in the months ahead.
And in case you missed it, here’s where we’ve been featured last month.
“But here’s the problem. Owner-occupiers can’t buy them even if they wanted to. These properties are too run-down to secure a mortgage, and most buyers don’t have the cash reserves, energy or expertise to manage a major refurbishment project.”
Jonathan Rolande
“To prevent damage, take some time to inspect your roof and look out for broken, loose or missing tiles, then look inside the attic for signs of damp. ”
Jonathan Rolande
“Abolishing stamp duty would enliven a sluggish property market, but the lost billions in revenue would surely have to be made up elsewhere. Who would pay it?”
Jonathan Rolande
“The five regions I’m watching all have two things in common: prices people can actually afford and jobs that justify those prices. “
Jonathan Rolande
“A booming property market is great for the economy – construction jobs, Stamp Duty revenue, consumer confidence, all nice stuff. Reeves knows this. The Treasury knows this. Everyone reading knows this..”
Jonathan Rolande
And many more. To stay up to date with the property market follow us on Twitter!
House Buy Fast @HouseBuyFast and Jonathan Rolande @propertyjonnie