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09.07.25 - 17:36
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Bank of England rolls out looser mortgage rules to help first-time buyers (The Guardian)
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Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladderBusiness live – latest updatesThe Bank of England has rolled out looser mortgage rules that policymakers hope will help 36,000 more first-time buyers on to the housing ladder each year.New guidelines announced by the UK's central bank mean that individual banks and building societies can offer more high loan-to-income (LTI) mortgages, which are equal to, or worth more than, 4.5 times a borrower's annual earnings. Continue reading......
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07.07.25 - 10:06
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Property prices flat in June amid signs UK job market may be ′softening′ (The Guardian)
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Expected interest rate cuts could support growth after drop in first-time buyers since end of stamp duty cutThe housing market was flat in June as signs emerge that the UK jobs market may be “softening”, one of Britain's biggest mortgage lenders has said.The average price for a house in the UK was £296,665 in June, according to Halifax, compared with £296,782 in May. It comes after a slight drop of 0.3% in May, although the average house price was still about 2.5% higher in June compared with a year earlier. Continue reading......
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07.07.25 - 09:36
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UK House Prices Remain Flat In June: Halifax (AFX)
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LONDON (dpa-AFX) - UK house prices remained flat in June after falling last month as more first-time buyers returned to the market, data from the mortgage lender Halifax showed on Monday.House pri......
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01.07.25 - 11:06
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UK house prices fall by most in more than two years (The Guardian)
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Increase in stamp duty has helped weaken demand, as average price drops by 0.8% in June, says NationwideBusiness live – latest updatesHouse prices in the UK fell the most in more than two years last month as demand weakened after the end of a tax break, but activity is expected to pick up over the summer.The average price of a home fell by 0.8% to £271,619 in June, after a 0.4% gain in May, according to Nationwide, Britain's biggest building society. This is the biggest monthly decline since February 2023. The annual rate of house price growth slowed to 2.1% from 3.5% in May. Continue reading......
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30.06.25 - 08:36
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Dubai Property More Affordable Than London, New York (Bloomberg)
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Dubai real estate is nearly four times cheaper than London's blended average of $1,400 per square foot, Clementine Munro, sales director at haus & haus, tells Lizzy Burden on Bloomberg's Horizons Middle East and Africa. (Source: Bloomberg)...
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16.06.25 - 09:18
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UK house prices fall in toughest sellers′ market in 10 years (The Guardian)
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Rightmove says prices dropping as more properties are available and after stamp duty increases in EnglandBusiness live – latest updatesProperty asking prices slipped in June, as sellers faced the toughest competition in a decade to find buyers.The “unusual dip” in prices – by 0.3% to £378,420 – compares with an average increase of 0.4% in June over the past 10 years, according to the property portal Rightmove. Continue reading......
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