Britain’s government is keen for the mini housing boom to continue—reflected in its decision to announce a stamp duty holiday
since the 18th century to slow the British housing market—or at least that is what the latest data from online estate agents suggest. According to Rightmove, the average asking price is now 2.4% above where it was when the lockdown began and buyer inquiries are up by 75% year on year.
The government is keen for the mini-boom to continue. In his summer statement on July 8th Rishi Sunak, the chancellor, raised the threshold for paying stamp duty, a tax on property transactions, from £125,000 to £500,000 until March 2021. The stamp-duty holiday introduced in 2008 saw a small bounce in sales immediately followed by a second peak just before it expired.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Japan, Britain to protect encryption keys in trade pact: reportThe two nations hope to clinch a deal before Britain's transition out of the European Union concludes at the year end, to avoid any gaps in bilateral trade arrangements.
Weiterlesen »
Hidden Gem In New Mexico On The Market For $15 MillionA postcard-worthy residential property in Santa Fe features multiple buildings with flexible uses.
Weiterlesen »
Obé Fitness Founders Discuss Coronavirus SuccessAfter being a part of the home workout boom with states going into quarantine, Obé Fitness founders Ashley Mills and Mark Mullett detail their content-oriented approach to fitness.
Weiterlesen »
Las Vegas: Photos From the Gambling Capital of the World in 1955In 1955 LIFE photographer Loomis Dean trained his lens on the adult playground of Las Vegas. For more images of Sin City in its early years, check out: LasVegas 1950s
Weiterlesen »
Hot Property: 'Office' alum Rainn Wilson readies for a moveActor Rainn Wilson has put his rural Agoura Hills home up for sale. Also: Anthony Hopkins has sold his Malibu home; boxer Abner Mares has completed a deal in Huntington Beach.
Weiterlesen »
Hot Property | 'Office' alum Rainn Wilson readies for a moveActor Rainn Wilson has put his rural Agoura Hills home up for sale. Also: Anthony Hopkins has sold his Malibu home; boxer Abner Mares has completed a deal in Huntington Beach.
Weiterlesen »