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25 Jan 2024
Propertymark 2024 Spring Budget representation

Our pro-growth solution to tackle challenges the housing sector is experiencing has been sent to HM Treasury which focuses on increasing supply in the private rented sector, will boost home ownership, and generate momentum in the wider property market.

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23 Nov 2023
First time buyer support extended in Autumn Budget

Further details have emerged from the fine print of the Autumn Budget Statement, which Chancellor Jeremy Hunt, MP, announced on 22 November 2023, with positive news for the mortgage guarantee scheme, proptech and new housing developments.

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09 Oct 2023
Rachel Reeves presents her offer to prospective homeowners

In a speech designed to remind voters of her economic pedigree and credibility to manage the economy, Shadow Chancellor Rachel Reeves announced her intention to increase the Stamp Duty surcharge for overseas buyers.

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24 Jul 2023
Housing supply at the centre of levelling up plans

Michael Gove MP, Secretary of State for Levelling Up outlined plans to unleash building on underused sites in high-demand regions, along with a new design code to improve the quality of new homes, with the UK Government committing to passing the Levelling Up and Regeneration Bill and updates to the National Planning Policy Framework later in 2023.

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16 Dec 2022
Additional Dwelling Supplement increased in Scotland

From today, 16 December, the Scottish Government has raised the Land and Buildings Transaction Tax (LBTT) from 4% to 6% on additional properties with the aim of raising £34 million and provide opportunities for first-time buyers.

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09 Jun 2022
Generation buy to generation rent

The UK Government will launch an independent review of access to mortgage finance for first-time buyers, with the aim of making it easier to access low-cost, low-deposit finance such as 95 per cent mortgages.

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25 Apr 2022
Latest estate agency figures welcome spring market

HOUSING REPORT: Although agents’ stock is still historically low, more new properties are coming to the market bringing with them new buyers and a lift in sales being agreed.

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21 Apr 2022
How estate agents can utilise auctions

Agents have a range of options available to them for selling a property. Choosing the right one can have a huge impact on the price achieved, the satisfaction of buyers and sellers with the process, and the reputation of the agent.

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17 Mar 2022
Housing supply bounces back

HOUSING REPORT: The average number of properties listed per member agent branch has risen — from 19 in January to 23 in February, the highest it’s been for five months.

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16 Feb 2022
80 per cent increase in housing stock

HOUSING MARKET REPORT: Propertymark members have recorded a sharp rise in homes coming onto the market with the average number of new instructions per member branch rising from five in December to nine for January.

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20 Jan 2022
Estate agents report busiest December for house hunters

HOUSING MARKET REPORT: The average number of house hunters registered per member branch was the highest December on record at 461, with the average supply of properties continuing to fall to an average of just 19, 42 per cent less than in December 2020.

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21 Dec 2021
Welsh Budget to build stronger, fairer, greener Wales

The Welsh Government has set out revenue and capital spending for the next three years, focusing on supporting Wales’s economic recovery as it emerges from the pandemic, seeking to strengthen it in a sustainable way to deliver a greener Wales.

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21 Dec 2021
Buyer demand increases as available homes continues to fall

HOUSING MARKET REPORT: The number of buyers registered per Propertymark member branch has increased by 12 per cent from October and the supply of properties continues to fall to just 20 homes per branch – the lowest ever recorded and 50 per cent less than November 2020.

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26 Nov 2021
Property market supply and demand disparity is “unsustainable”

HOUSING MARKET REPORT: The number of available properties per branch has decreased to 21, the lowest figure on record and 46 per cent lower than October 2020.

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17 Sep 2021
First-time buyers make up 28 per cent of sales in August

HOUSING REPORT: With increasing demand, 37 per cent of properties sold above the original asking price, a staggering 185 per cent increase year on year, from August 2020.

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01 Sep 2021
FAQs: First Homes Scheme

The First Homes Scheme enables a first-time buyer purchasing their only home to take advantage of at least a thirty percent discount on the property’s market value. Buyers must purchase properties with at least a 50 per cent mortgage.

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