Prime Central London Is Down 23% Since 2015 — and 46% After Inflation
Knight Frank puts prime central London prices 23% below their 2015 peak, a 39th straight month of annual falls. Adjusted for 42% CPI inflation, the real decline is close to ...
Tag: United Kingdom
Bellway Calls for an Immediate Stamp Duty Cut. The Government Has Already Said No
Bellway asked for an immediate stamp duty cut and a deposit support scheme. Prime Minister Andy Burnham ruled out a stamp duty overhaul last month.
UK House Price Growth Slows to 0.1% in July, Weakest Pace Since 2023
The Lloyds House Price Index — formerly known as the Halifax index — showed UK house prices unchanged month-on-month in July, at an average of £299,25…
UK Opposition Conservatives Pledge to Bar Foreign Nationals From Social Housing
Conservative Party leader Kemi Badenoch has pledged to end social housing tenancies for foreign nationals if elected, the Financial Times reported. Th…
RBC BlueBay Warns Burnham’s Southern Council Tax Plan Could Weaken the Pound
RBC BlueBay Asset Management, which manages more than £420bn in client assets, has grown cautious on sterling over fears that the government could rai…
New-build premium hits 30% across Great Britain, widest in a decade
New-build homes in Great Britain now command an average 30% price premium over existing properties, according to research from UK Property Development…
UK house price growth slows to 1.8% — against a 15.3% gain over five years
Nationwide Building Society's July house price index shows UK prices up just 0.1% month-on-month, with annual growth slowing from 2.2% in June to 1.8%. The average home now costs £277,542. ...
Is London property worth buying? Five things a first-time overseas buyer must settle first
Before buying in London: the SDLT non-resident surcharge turns on days present, not nationality; mortgage interest relief is capped at the 20% basic rate; NRLS withholding applies to letting income; ...
How does the UK Statutory Residence Test work? The 183-day rule, sufficient ties and split years explained
Understand how the UK Statutory Residence Test uses days, automatic tests, sufficient ties and split-year rules to determine tax residence.
Opening a UK Bank Account as an Overseas Resident: Identity, Address, and What to Check Before You Apply
Opening a UK bank account as an overseas resident? Learn what banks may check for identity, address, tax residence, Source of Funds and account purpose.
