Tag: British Property News

#PositiveCoronavirusNews as Stamp Duty is to be put on hold to help stimulate the economy…

Stamp duty ‘holiday’ to help rebuild economy

https://www.thetimes.co.uk/article/stamp-duty-holiday-to-help-rebuild-economy-2t0rhgphg

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

#PositiveCoronavirusNews – Housing Market rebounds as sales increase by 137% – #PropertyNews

Coronavirus: Housing market rebounds as sales increase by 137%

https://www.thetimes.co.uk/article/coronavirus-housing-market-rebounds-as-sales-increase-by-137-wv29j6fjv

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

2020 Housing Affordability Report with Stats for England & Wales for 2019, from the Office for National Statistics

Housing affordability in England and Wales: 2019

Commenting on the findings, ONS Head of Housing Analysis Nigel Henretty said:

“This is the first significant improvement in housing affordability in England for ten years.

“While housing remained significantly more affordable in Wales than in England, the gap between the most affordable and least affordable local areas decreased for the first time in four years. This was driven mainly by decreasing house prices in the least affordable areas.”

Go to the ONS release or view the full release by reading on:

Data on house prices and annual earnings to calculate affordability ratios for national and subnational geographies in England and Wales, on an annual basis.

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Business and Sports News from Mike Armstrong – See http://mikearmstrong.me