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Annual house price growth has slowed for the first time in six months as the end of the stamp duty holiday approaches, according to an index. House prices were up by 6.4% annually in January, marking a slower increase than the 7.3% uplift recorded in December, Nationwide Building Society said. Property values dipped by 0.3% month on month. Across the UK, the average house price was £229,748. A temporary stamp duty holiday which was introduced last July is due to end on March 31. In our January #HousePriceIndex, annual house price growth slows for 1st time in 6 months as end of #stampdutyholi...

Estate agent James Pendleton has launched an international desk in order to meet an expected increased demand from overseas buyers post-Brexit. The agency predicts that strong demand from international investors will result in residential prices rising by 5% in London this year. This is despite a strengthening pound and predictions that the London residential market could record a decline in demand as people look to purchase properties with more space outside of the capital. Urosh Teodorovich, a property expert who recently joined the firm, will head up the division. Teodorovich will speciali...

The lender says it expects "downward pressure on house prices" in 2021 following annual rise of 6% last year.

The holiday means that homes bought for under £500,000 are exempt from paying SDLT. With the SDLT holiday due to end in March and the furlough scheme in April, both months will be extremely important for the property market and the UK economy. Mr Franks added: “The Halifax is right that unemployment levels are a key threat to property values this year, but we believe demand will remain relatively strong as it still costs less to own than to rent and borrowing is extraordinarily cheap. “During 2021, people will also continue to change their living arrangements as companies adapt their rem...

UK house price grew 6 per cent on a yearly basis in December 2020, shows new data from Halifax. This leaves the average house price at £253,374, little changed from November’s average price, due to a monthly rise of just 0.2 per cent. This is, in fact, the smallest monthly rise seen in the last six months, which have